Global technology and manufacturing giant GE Corporation announced that the company has opened a new healthcare facility in Tianjin to better serve the China market.Â
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The new plant, with an investment of 100 million USD, will focus on magnetic resonance imaging and other imaging products.Â
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Jeffery Immelt, chief executive officer of GE, said the company will continue to invest in this dynamic market to meet the growing needs from the healthcare sector.Â
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"We remain firmly committed to bringing technologies closer to the market, and build stronger local capabilities that allow us to respond to customer needs better and faster," he said.Â
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Immelt said China's economic changes are exciting as the country is focusing more on consumption, innovation, reform of economy and State-owned enterprises to boost the economy.
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Under such background, GE has to build new strategies to fit in the market.Â
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"I won't set any limits of what we can do in China," said Immelt. "We are quite open to possibilities."Â