General Electric Signs Deals With Chinese

Associated Press

General Electric has signed agreements with China to train Chinese in an executive management program and to co-design and co-manufacture steam turbine engines with a Sichuan provincial factory, GE Chairman John F. Welch announced.

Welch said another agreement with Sichuan’s Dong Fang Electric Corp. provides for the transfer of GE’s 600-megawatt steam turbine and technology and the production of four 600-megawatt units.

The U.S. industrial giant is involved in several power-generation and transportation projects in China. GE aircraft engines are used by China. GE aircraft engines are used by China’s state airline, and the ministry of railways has purchased more than 400 GE locomotives.