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China

General Electric Transfers Advanced CT Scanner Production to Beijing

Strategic Insights

— 1 min read

In a significant move, General Electric (GE), a world leader in medical equipment manufacturing, has announced that its joint venture in Beijing will become one of the top global producers of helical CT scanners. The transfer of research, development, and manufacturing centers from the U.S. and Japan to Beijing marks a significant milestone in GE's expansion in China. The company plans to produce 500 CT ProSpeed Ai scanners in the coming year, accounting for one-fifth of the world's total.

Key Takeaways:

  • GE's joint venture in Beijing, GE Hangwei Medical Systems Co, Ltd, will produce 500 CT ProSpeed Ai scanners, a new model of CT scanners, in the coming year, accounting for one-fifth of the world's total.
  • The production of these scanners will enable China to rank among the world's top five CT manufacturers in 2000, alongside the U.S., Japan, Germany, and Israel.
  • 80 percent of the advanced CT scanners produced in Beijing will be exported to the U.S., Japan, and European markets.
  • The transfer of production to Beijing will minimize X-ray damage to patients, while raising the scanning speed and improving the efficiency of detection.
  • GE has announced the start of construction of a joint venture for making plastic products in Beijing, with an investment of 30 million U.S. dollars.
  • Additionally, GE has built two joint ventures in Shanghai to make circuit breakers, switches, and related products.

Statistics:

  • 500: The number of CT ProSpeed Ai scanners to be produced by GE's joint venture in Beijing in the coming year.
  • 1/5: The proportion of the world's total CT scanners that will be produced by GE's joint venture in Beijing.
  • 80%: The percentage of advanced CT scanners produced in Beijing that will be exported to the U.S., Japan, and European markets.
  • 2000: The year by which China is expected to rank among the world's top five CT manufacturers.
  • 30 million U.S. dollars: The investment for the construction of a joint venture for making plastic products in Beijing.
  • 2: The number of joint ventures built by GE in Shanghai to make circuit breakers, switches, and related products.

Sources:

  • Xinhua
  • COMTEX (http://www.comtexnews.com)

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