Taking care of power

Kazuhisa Kokune, chief representative and general manager of Mitsubishi Heavy Industries (MHI) Beijing Office told Beijing Today MHI has two priorities in China in the near future. One is to get some nuclear power plant projects in China, where 20 to 30 nuclear power plants are expected to be established by 2020.

Electrolux to concentrate on quality

“As we finished our strategic marketing integration in China last year, the company will focus on growth in 2005,” said Mr. Don Gadsden, president of Electrolux (Chi) Home Appliances Co., Ltd.

Fedex looks to expand step by step

As China opens its domestic and international cargo market, foreign cargo companies will now have the opportunity to operate their businesses independently in China.

Holding on to the future

One of the biggest plans of ThyssenKrupp AG in China for the year of 2005 is the establishment of a holding company.

China gets into Wall’s

Wall’s Ice Cream, which is part of the Unilever China Business Group, has made steady if unspectacular progress in China since 2002, even though the cold refreshments industry has bee in a state of decline for several years.

Fuji pushes for wider market

To further expand its market presence in China and after much effort, Fuji Photo Film (China) Investment Co., Ltd. (FPFC) set up its subsidiary, Fuji Photo Film Beijing, on March 26, 2003.

Cendant vies for China’s travel market

Cendant Corporation has established a joint venture with CYTS Tours Holding, by which the company is looking to become a key player in China’s tourism market.

Hitachi to quicken its pace

“Hitachi China will carry out a new business strategy aiming at expanding business and achieving consolidated revenues of US$7 billion for the fiscal year of 2006, something tat will require double-digit annual growth,” Mr. Hiroaki Nakanishi, Hitachi hina senior vice president and executive officer said confidently.

Toshiba celebrates 130th anniversary

“A company, like a person, should foster its own character, embodying attitudes towards difficulties, capitalizing on opportunities, and marked distinctive features. Only if we are of such good character can we achieve our ambitious objectives,” said Mr. Nobumasa Hirata, President of Toshiba (China) Co., Ltd.

APC strides ahead

“In 2004, the energy bottleneck resulted from China’s booming economic growth,” said Alan Russo, general manager for North Asia of American Power Conversion (APC).