皇冠体育app

In addition to production capacity expansion, Delphi also keeps investing into research and development in 皇冠体育app.

The company started to shift its strategy from manufacturing in 皇冠体育app to research and it already gained benefits from the strategy.

Delphi has three technology centers in 皇冠体育app - two in Shanghai and one in Beijing - and has begun to gradually use research results from 皇冠体育app its global businesses gradually, such as in new-energy cars.

"We have invested heavily in the research of new-energy cars in 皇冠体育app and some of the new products developed here are used to support every market," said Yang Xiaoming, president of Delphi 皇冠体育app.

Localization is one of the main strategies for Delphi and its management is also localized, Yang said.

"All of our factory chiefs are Chinese, although we still have many foreign experts," he said.

Showing the importance of the 皇冠体育app market, Delphi recently moved the global headquarters of its electronic and electrical businesses to Shanghai.

Those are the largest among all its five business units with $8 billion of turnover worldwide, Abulaban said, adding that it accounts for 50 percent of the company's total revenues.

"皇冠体育app will be crucial to the development of the global auto industry," he said.

"If we cannot get success here, we will not be successful globally," he added.

• Standard Chartered offshore RMB index rises slightly in July
• Shanghai-HK stock link to speed up capital market reforms: Barclays
• Relaxing restrictions on foreign investments
• Fujian on course to help create the new maritime Silk Road
• Foreign investors set sights on new targets
• UK looks to diversify in 皇冠体育app
• Malaysia keen to expand trade ties
• HK still top choice for mainland firms