Major Foreign Companies in China

Volkswagen in China The German Volkswagen Group in China, Volkswagen (China) Investment Company Limited, has set up two joint-ventures and some car parts enterprises in Shanghai and Changchun and over 100 car part suppliers throughout China. With a total investment of RMB18.9 billion ($2.3 billion), Volkswagen in Shanghai has introduced dozens of car models including Santana, Santana 2000, Passat, Polo, Gol. With total investment of RMB11.1 billion ($1.35 billion), Volkswagen in Changchun has introduced two brands of Audi and Volkswagen and five car model series including A6, A4, Bora, Jetta, and Golf. Thanks to its ever improving car models and excellent customer service, Volkswagen has become the biggest joint venture car manufacturer in China and has a large number of Chinese consumers. At present, China is the second largest single market for Volkswagen Group in the world. Within five years from now, the Volkswagen group will continue to invest over 5 billion euro in the Chinese market. Boeing in China Boeing has been in cooperation with China since 1972. It has carried out training in flying, maintenance, and management, providing for the successful operation of Boeing in China. Besides, Boeing has set up its own airport representative service, logistics and technical supports in China, helping China's aviation to improve air transportation management and safety. In the meantime, Boeing has cooperated with China's aviation manufacturing industry and set up new joint ventures on composite material manufacturing, airplane re-assembling and maintenance, and spare parts supply. At present, more than 3000 active Boeing planes' key components and parts are made in China. Nokia in China Nokia established trade relations with China in the 1950s. In 1985, Nokia set up its first office in Beijing, kicking off its development in China for the first stage. In the mid-1990s, Nokia set up its joint venture in China to localize its production and developed it into the global manufacture centre for its business around the world. In the new century, Nokia enhances its cooperation with China in the latest telecommunication technology, and deepened its participation in the development of China's information industry. It is also taking efforts to develop its Chinese establishment into the global personnel base for Nokia. Nokia has two global research and development centres in China and its branch offices can now be found across the country with over 4500 employees. The major products of Nokia have realized localization in production. They include the latest Nokia mobile phones, relay stations, controllers of relay stations, mobile transiting centres, access equipments, digital switching equipments and multi-media terminal products. Microsoft in China Since it came to China in 1992, Microsoft has invested heavily on setting up the Microsoft Research and Development Centre (China), Microsoft Asian Research Institute, and Microsoft Global Technology Centre. These R & D institutes have enabled Microsoft in China to be the overseas company of Microsoft with the most functions. By now, Microsoft has set up two software joint ventures in China. With an investment of RMB19 million ($2.3 million), Microsoft has established the Zhongguancun Software Limited Company with Stone Group and Beijing Centergate Technologies (Holding) Co., Ltd. In the meantime, Microsoft also set up the Shanghai Wicresoft Software Company, Ltd. with Shanghai Alliance Investment Co Ltd. Microsoft joined hands with Shanghai Communication University, Shanghai Alliance Investment Co Ltd., and Shanghai Pudong Software Park Co., Ltd, to set up the School of Software and Software Education and Science Service Co., Ltd at Shanghai Communication University. Microsoft has invested RMB4 million, accounting for 10% of the total share. Microsoft even moved the production of its hot-sale Xbox to China. It also produces mice in Guangdong province with two-side packaging, generating revenue of over $100 million annually.