Beijing, CHINA (November 16, 2013) – Sara Yang Bosco, president of Emerson (NYSE: EMR) Asia Pacific, today attended the 6th Multinational Corporations Leaders Roundtable (“MCLR”), and delivered a speech focusing on the strategic themes of “Bringing in” and “Going out” at the development forum.
In her speech, Sara stated that, as a global technology and innovation enterprise, Emerson has been supporting China’s development strategies, and Emerson’s engineering and development investment in China is an example of the “bringing in” strategy. She pointed out, “At Emerson we’ve also adopted a market expansion strategy to build our presence in China. This involves bringing our proven management process to our local organizations, using latest sales and marketing tactics, implementing world-class training programs and ensuring the highest level of corporate governance. As a result, we are better able to capture emerging opportunities, and grow with our customers, partners and employees at the same time. ” As for the “Going out” exploration, Chinese and foreign multi-national companies can complement each other and pursue opportunities together globally, and achieve win-win results.
This meeting was hosted by the China International Council for the Promotion of Multinational Corporations (“CICPMC”) and United Nations Development Programme (“UNDP”), and was attended by representatives of over 150 large-sized enterprises from 17 countries. Du Qinglin, vice chairman of the CPPCC National Committee, attended the opening ceremony, and State Councilor Wang Yong gave an opening address. He said, “The China government will unswervingly safeguard and develop the open economy. With the depth of the opening-up, China will bring broader market space for investors from different countries, including multinational corporations. We will, as always, welcome and encourage multinational corporations to invest and do business in China, and will insist on trade liberalization.”
Themed with promoting multinational corporations’ investment, strengthening corporate social responsibility, and driving sustainable development, this meeting discusses current economic issues both in China and around the world from the perspectives of macro policy, industry, enterprise, and academics. Started in 2007, the MCLR has held six sessions in a row, playing an important role in deepening mutually beneficial cooperation between Chinese and foreign-based multinational corporations, and driving the sustainable development of both China and world economies.
Emerson (NYSE: EMR), based in St. Louis, Missouri (USA), is a global leader in bringing technology and engineering together to provide innovative solutions for customers in industrial, commercial, and consumer markets around the world. The company is comprised of five business segments: Process Management, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions. Sales in fiscal 2013 were $24.7 billion. For more information, visit