USEUROPEAFRICAASIA 中文雙語Fran?ais
    China
    Home / China / Society

    Morgan Advanced Materials shifts China focus to high-tech

    By MENG JING | chinadaily.com.cn | Updated: 2013-09-26 21:36

    Morgan Advanced Materials, a leading engineering company based in the United Kingdom, will expand its business from iron and steel to technology-demanding sectors in China, said a senor executive of the company on Thursday.

    “Iron and steel, as well as chemical process industrials, are our main markets in China. But we've seen more and more growth potential from those technologically-demanding sectors, such as medical and aerospace,” said Dr Andrew Hosty, chief operating officer of Morgan Advanced Materials.

    Hosty said he has been meeting with some potential partners in China this week and hopefully in the next few months they will be able announce further investment in China.

    “The investment is expected to be in the high-tech sector and hopefully one of the projects will be in aerospace,” he told China Daily in an exclusive interview after a press conference in Beijing celebrating the company's 25th anniversary of operations in China.

    Morgan Advanced Materials has a total of 16 subsidiaries in China since it set up operations in the country in 1988. The company's business in China has grown from “nothing” in 1988 to about 10 percent of the company's billion-pound ($1.6 billion) global revenue a year, said the company.

    “We've seen rapid growth in China over the past 24 years, like double-digit growth. But our China business growth this year is 10 percent smaller than last year's due to the reducing industrial activities in China.

    “Some big-capital projects for new steel and new chemical plants have not taken place like we anticipated,” Hosty said, adding the company has a very broad portfolio and has other technologies to bring in to the market, like the medical and aerospace sector.

    According to him, it is very difficult to grow in a technical business because it is people-intensive. “After 25 years of development in China, now we have sufficient people growing in the most technical-demanding market,” he said.

    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
     
    中文字幕无码久久人妻| 超清无码无卡中文字幕| 91精品日韩人妻无码久久不卡| 日韩久久久久久中文人妻| 精品人妻大屁股白浆无码| 久久亚洲2019中文字幕| 亚洲熟妇少妇任你躁在线观看无码| 亚洲国产精品无码一线岛国| 中文字幕在线一区二区在线| 制服丝袜人妻中文字幕在线| 国产在线观看无码免费视频| 亚洲av无码不卡| 日韩精品无码免费专区午夜不卡| 中文字幕无码日韩专区免费| 久久久久亚洲?V成人无码| 精品无码国产一区二区三区AV| 亚洲gv猛男gv无码男同短文 | 精品久久久久久无码中文字幕| 亚洲日产无码中文字幕| 中文字幕一区二区三区永久| a亚洲欧美中文日韩在线v日本| 中文字幕亚洲精品无码| 无码人妻久久一区二区三区蜜桃| 久久水蜜桃亚洲av无码精品麻豆| 亚洲AV无码专区国产乱码4SE| 久久午夜无码鲁丝片秋霞| 日本中文字幕免费看| 中文字幕一区二区三区久久网站| 永久免费无码日韩视频| 亚洲av麻豆aⅴ无码电影| 日韩乱码人妻无码中文视频| 精品无码国产污污污免费网站国产| 精品无码一区在线观看| 国产精品无码日韩欧| 97碰碰碰人妻视频无码| 精品一区二区无码AV| 免费无码一区二区| 欧美 亚洲 有码中文字幕| 久久久噜噜噜久久中文福利| 中文字幕你懂的| 久久人妻无码中文字幕|