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Homegrown firms become global players

China Daily | Updated: 2010-12-03 07:57

Homegrown firms become global players

Powering along

TBEA Shenyang Transformer Group signed international transformer deals worth more than $215 million, in the first half of 2010, a nearly 10-fold increase year-on-year. In addition, the company signed contracts worth more than $100 billion for transmission equipment to outfit eight Indian power stations .It was the first time Indian power companies bought this type of equipment from China. It was also a first for the company to beat out global giants such as Siemens and ABB in international engineering bidding process. Photo Provided to China Daily

Homegrown firms become global players

Homegrown firms become global players

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