国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Valeo's expansion into China shifts into higher gear

By Li Xiang in Paris | China Daily | Updated: 2013-05-25 10:19

Valeo Group, the French automobile components and system supplier, aims to make China its largest market in terms of sales in the next two to three years, its president said on Thursday.

The company, which already has 22 plants in China, plans to add four new factories in the country and expand three existing ones in Foshan, Wuhan and Nanjing this year, according to Edouard de Pirey, the president of Valeo China.

Valeo's expansion into China shifts into higher gear

An employee of Valeo Group checks the quality of an air-conditioner compressor in Changchun, Jilin province. The French automobile components supplier aims to make China its largest sales market in the next two to three years. [Photo / Xinhua]

In the meantime, Valeo will also hire 1,500 managers and engineers this year in China, which will eventually become the largest country for the company in terms of the number of employees in 2014. The company currently employs 12,000 people in China.

"Our long-term strategy is to make our business in China equal our European business," Pirey said.

China represented 10 percent of Valeo's total sales globally in 2012. In the first quarter of this year, the company saw 13 percent sales growth in the Chinese market year-on-year, according to Pirey. Doubling the sales in China by 2015 has been a key objective for Valeo.

Pirey said that developing the customer base and securing future orders for the next two to three years are essential for the company to achieve the objective.

The French company invests nearly 10 percent of its sales in innovation and its R&D centers, according to Pirey. So far, the company has set up 10 product development centers and three R&D centers in China.

When asked about rising labor costs in China, Pirey said that it is a fact that all companies have to deal with.

But instead of moving plants out of China, he said, Valeo will continue to add new plants.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
股票| 大悟县| 涟源市| 合江县| 江陵县| 林甸县| 舟曲县| 玉林市| 双鸭山市| 华安县| 车致| 宜宾县| 肇东市| 玛沁县| 鹿邑县| 玉龙| 高州市| 望奎县| 临潭县| 南昌县| 旬阳县| 黑河市| 上林县| 五台县| 博白县| 察哈| 汕头市| 三江| 井冈山市| 桃园市| 彭泽县| 桐梓县| 高尔夫| 舟山市| 贞丰县| 山西省| 泰和县| 铜梁县| 神木县| 红桥区| 肇东市|