HP to make more investments in China
0 
Hewlett-Packard Co. will expand its presence in China with more investments, Larry Irving, the company's vice president for global government affairs, said on Wednesday.
"Our goal in China is to be a good partner in China, to bring more products to the Chinese market and to be a good employer as well," Irving told Xinhua at the Clinton Global Initiative annual meeting in New York.
HP's presence in China began in 1981 with the opening of the first China HP representative office in Beijing. After years of solidifying business relationship, China Hewlett-Packard, the first high-tech joint venture in China, was established in 1985.
Nowadays, HP is the second-largest PC maker and a leading foreign PC vendor in China.
Earlier this year, to bolster its presence in China, HP joined hands with China's Chongqing to announce a plan to operate a 20,000-square-meter facility in the city, where it will make state-of-the-art notebook and desktop PCs.
Irving said HP will continue to invest in China.
"We have private conversation with the Chinese government, about our particular circumstances," he added. "HP's presence has been grown in China. We are making more investment in China, not less investment in China. We see China as a great opportunity."
Chinese Premier Wen Jiabao said last week that China is committed to building an open and fair business environment for foreign investors.
"All foreign enterprises registered in China enjoy national treatment," Wen said in a speech at the opening ceremony of Summer Davos 2010 in Tianjin.
