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The 2nd Regional Headquarter of Philips China Settles Down in Chengdu High-tech Zone


News provided by

Chengdu High-tech Industrial Development Zone

Jun 21, 2011, 08:01 ET

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CHENGDU, China, June 21, 2011 /PRNewswire-Asia/ -- Philips Investment Company (China) (hereinafter refers to Philips) has signed the Memorandum of the Strategic Cooperation with Chengdu High-tech Zone Management Committee in June 20, 2011. Philips is going to set up the second regional headquarter in Chengdu which faces the middle and west regions of China. Jing Gang, the member of the standing committee of municipal Party committee of Chengdu and the sectary of the Party committee of Chengdu High-tech Zone, Han Chunlin, the mayor assistant and the director of the Chengdu High-tech Zone Management Committee, Yuan Zongyong, the deputy director of the Chengdu High-tech Zone Management Committee, Kong Xianghui, the chairman of the board of the Philips Great China and He Jiangang, the senior vice president of the Philips Great China had presence in the signing ceremony.

(Photo: http://photos.prnewswire.com/prnh/20110621/CN23464 )

According to the Memorandum of the Strategic Cooperation, Philips is going to set up its new regional headquarter in Chengdu High-tech Zone. Its function and business include: headquarter of the west region, sell headquarter of the west region, technical support center for the online-sale services, training center for the health-care department of China and R&D and Testing Center for the Lighting Department.etc. Chengdu High-tech Zone will fully support this project to complete in time and successfully.

Kong Xianghui, the chairman of the board of the Philips Great China, said at the ceremony: "Philips will develop the market in the middle and west China with the help of the setting up of the second regional headquarter in Chengdu. This measure is a key step in the 'domestic market strategy' of Philips China and also shows our active response to the West Development promoted by Chinese government. Philips will strengthen the talent disposition and market channel building in inland cities by taking advantages of the good geographic location, market and invest environment of Chengdu to better serve for the middle and west regions." Philips Global has announced its strategic plan for developing another "domestic market "in China early this year.

Yuan Zongyong, the deputy director of the Chengdu High-tech Zone Management Committee, warmly welcome guests from the Philips investment Company (China). He made the remarks: "Chengdu is the hub city characterized by the best business environment, living environment and overall competitiveness. Chengdu High-tech Zone attracts more and more world-wide famous enterprises with the advantages of the Chengdu city in Science & Technology, talent, location, market, traffic and cost in light of West Development and global industry restructure. Philips, as a Fortune 500 company focused on "healthy, comfortable and high-quality life", is well known in Chengdu, and Sichuan. We believe that the settling-down of its regional headquarter here will help it to realize its global strategy and localization." He also promised to provide all-dimensional services to the Philips Chengdu headquarter project by fully utilizing the professional and efficient service system of Chengdu High-tech Zone.

SOURCE Chengdu High-tech Industrial Development Zone

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