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Greetings
Minoru Tsukada
Vice President and Senior Executive Officer of Hitachi, Ltd.
Chief Executive for China
Up to the present, Hitachi Group has provided equipment and systems covering a wide range social infrastructure, from construction machinery, electric power equipments, industrial machinery and railway trains, together with their supporting operational systems, to information and communication systems, including financial institutions.
With the goal of enriching the life of Chinese people, Hitachi established its first join venture company in China in the 1980s, and started the production and sales of televisions in China. Since then, our joint venture companies have been providing solutions covering a broad range from social infrastructure to consumer products.
Today, China is undergoing rapid changes and making progress on a daily basis. We believe that the country will continue on its path of economic development. Along with its economic growth, China's impact on the world economy will continue to expand as it quickly develops into a world-top-class country with the most advanced technology and products.
Hitachi, as in this rapidly growing country, is aiming to become "The Most Trusted Partner in China" to all the Chinese people. We will also promote all the activities which contribute to the Chinese society by strengthening our research and development programs, expand our recruitment of Chinese personnel and initiate new social activities in China. We hope to broaden Chinese people's our understanding to our various business activities as a whole and to establish a fresh brand image of HITACHI as a partner of yours.
Your understanding of Hitachi Group and your expectations for our future activities are definitely important to us and we will appreciate your ever strong support.
Minoru Tsukada
Vice President and Senior Executive Officer
Chief Executive for China
Hitachi, Ltd.
Business in China
Entering China in the 1960's, Hitachi is one of the first few international companies that established their local presence in China. In recent years, Hitachi has made active efforts to tap the market potential in China and introduced a spectrum of cutting edge technologies and products. With the enormous support from the Chinese government, Hitachi has achieved much progress in its operation in China.
In the 1970's, Hitachi took the lead to establish a representative office in Beijing, making itself the first Japanese manufacturer establishing presence in the Chinese capital. During this period, Hitachi introduced a host of equipment packages and sophisticated technologies to China, including thermal power equipment, steel-rolling equipment, computers for meteorological sounding, port cargo handling equipment, color TV assembly lines, etc., making great contribution to the infrastructure construction in China at that time.
In the 1980's, when the demand for TV sets came to the peak in the wake of the fast economic development in China, Hitachi made active efforts in response to China's demand for local operation and scored great achievements in its business in China through the cooperation with local partners in areas of transformer, electric motor, TV set, washing machine, and other household appliances.
In the early 1990's, Hitachi expanded its investment in China as Chinese government launched a series of preferential policies for foreign investors. At present, Hitachi has more than 100 groups companies in China, actively engaged in the fields of power equipment, electronic device, household appliances, information and telecommunication etc. It is trying to deliver high-quality products and services to the Chinese market.
After decades of efforts, Hitachi has established a stable and close relationship with China, laying a solid foundation for its future development. Hitachi cherishes very much the friendship with China. With the economic globalization and further deregulation of Chinese market, Hitachi hopes to become the best solution partner in China by delivering more brand products and services.
So far, Hitachi has been operating in many business fields. To better promote its future development, Hitachi formulated and put forward a new business strategy named 'The Most Trusted Partner in China' in October 2004, which will be embodied in the core businesses of power and industrial equipment systems, building systems, transportation systems, information and telecommunication systems, medical systems, consumer electronics, construction and resource development systems, automotive systems and materials, and components and materials for information electronics and digital consumer electronics.
In the future, all the Hitachi group companies in China will work as One Hitachi to deliver the mission of "The Most Trusted Partner in China" and extend the company's track record in the country.
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