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China Exchange Market Share for SKF Technology

Resource from:  cbcc-yinx Likes:2960
Aug 29,2006
Chinese Government Exchange Market Share for SKF Technology Recently, SKF Group has signed an agreement worth SEK1 billion with Chinese government to provide all bearings necessary for China's railway construction. According to the agreement, SKF were commited to make public some of their manufacturing technologies. Mr. Johansson, president of SKF, said:"Chinese government are planning to regularize their use of bearings in railway industry by the standard of our products. This will bring us substantial profit and increase our sales volume in China."
(cbcc-yinx)
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