{"id":1957,"date":"2010-11-09T10:16:42","date_gmt":"2010-11-09T15:16:42","guid":{"rendered":"http:\/\/sciencebusiness.technewslit.com\/?p=1957"},"modified":"2010-11-09T10:19:06","modified_gmt":"2010-11-09T15:19:06","slug":"ge-plans-500-million-rd-investment-in-china","status":"publish","type":"post","link":"https:\/\/technewslit.com\/sciencebusiness\/?p=1957","title":{"rendered":"GE Plans $500 Million R&#038;D Investment in China"},"content":{"rendered":"<figure id=\"attachment_1959\" aria-describedby=\"caption-attachment-1959\" style=\"width: 200px\" class=\"wp-caption alignleft\"><a href=\"http:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2010\/11\/jeffrey_r_immelt_ge.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1959\" title=\"jeffrey_r_immelt_ge\" src=\"http:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2010\/11\/jeffrey_r_immelt_ge.jpg\" alt=\"Jeffrey R. Immelt (GE)\" width=\"200\" height=\"250\" srcset=\"https:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2010\/11\/jeffrey_r_immelt_ge.jpg 200w, https:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2010\/11\/jeffrey_r_immelt_ge-120x150.jpg 120w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/><\/a><figcaption id=\"caption-attachment-1959\" class=\"wp-caption-text\">Jeffrey R. Immelt (GE)<\/figcaption><\/figure>\n<p>General Electric Company plans to invest another $500 million in China for research and development, including regional R&amp;D hubs to serve the Chinese market. GE Chairman and CEO Jeff Immelt announced the investment today, as part of <a href=\"http:\/\/www.genewscenter.com\/Press-Releases\/GE-to-Invest-More-Than-2-Billion-in-R-D-Technology-and-Financial-Services-Partnerships-in-China-2c93.aspx\">a $2 billion plan<\/a> that includes joint ventures in technology, energy, financial services, and transportation.<\/p>\n<p>Immelt (pictured left) says GE plans to commit $500 million through 2012 to enhance its R&amp;D capabilities in China and establish what it calls customer innovation centers to better serve the west, north, central and south China markets. He says the &#8220;customer innovation centers will add more than 1,000 new R&amp;D, marketing and application engineers to work more closely with customers and partners to advance development and delivery of GE products and technology.&#8221;<\/p>\n<p>The centers are expected to focus on product development and\u00a0 engineering in rural health care, renewable and clean energy, smart grid, energy-efficient lighting, rail, and aviation. The candidate cities for the first centers are Chengdu, Shenyang and Xi\u2019an. GE already has R&amp;D facilities in Shanghai, Beijing, and Wuxi.<\/p>\n<p>Immelt also pledged to invest more than $1.5 billion to fund new joint ventures with Chinese state-owned enterprises in key high-technology sectors. He unveiled a series of partnerships with Chinese organizations covering locomotive propulsion, rail signaling, smart grid technologies, power distribution and metro solutions.<\/p>\n<p style=\"text-align: center;\">*\u00a0\u00a0\u00a0\u00a0 *\u00a0\u00a0\u00a0\u00a0 *<\/p>\n","protected":false},"excerpt":{"rendered":"<p>General Electric Company plans to invest another $500 million in China for research and development, including regional R&amp;D hubs to serve the Chinese market. GE Chairman and CEO Jeff Immelt announced the investment today, as part of a $2 billion plan that includes joint ventures in technology, energy, financial services, and transportation. Immelt (pictured left) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,16],"tags":[97,86,23,24,20],"class_list":["post-1957","post","type-post","status-publish","format-standard","hentry","category-finance","category-ventures","tag-china","tag-engineering","tag-equity","tag-investment","tag-manufacturing"],"_links":{"self":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts\/1957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1957"}],"version-history":[{"count":3,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts\/1957\/revisions"}],"predecessor-version":[{"id":1961,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts\/1957\/revisions\/1961"}],"wp:attachment":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}