Hubei Province Governor Wang Guosheng meets with ABB CEO in Wuhan

Wuhan, May 19, 2016



Wang Guosheng, Deputy Secretary of CPC Hubei Provincial Committee and Governor of Hubei Province, met with ABB executives led by CEO Ulrich Spiesshofer on May 18 in Wuhan, the provincial capital where ABB is holding its largest customer event in Asia.

ABB, whose cooperation with Hubei dates back to as early as the 1950s, has participated in the construction of many major projects there, helping utility, industry, transport and infrastructure customers improve productivity and energy efficiency. There projects include the Three Gorges Dam, HVDC transmission lines, next-generation smart substations, Wuhan metro lines and the Wuhan-Guangzhou high-speed railway, as well as production complexes of Sinopec and Wuhan Iron & Steel.

The central province of Hubei is a major industrial base in China strong in industries such as automobile, steel, power and electronic information, and is known for its rich educational and talent resources. Combining Hubei’s traditional strengths with such strategic emerging industries as high-end materials, biomedicine and IT will bring about new growth drivers for Hubei in the 13th Five-Year Plan (2016-2020) period, Governor Wang told Spiesshofer, adding that the government will continue improving business environment and it welcomes more investment from ABB to support local industrial upgrading.

Spiesshofer said that with regard to utilities, ABB has leading offerings in areas ranging from renewables, long-distance power transmission, to datacenter, e-mobility and rail transport. ABB is willing to help Hubei address the challenges in the shift in the electrical value chain.

In industry, ABB technologies enabling the “Internet of Things, Services and People” can help customers improve productivity, energy efficiency and competitiveness. ABB will increase investment and establish a new robotics applications center in Wuhan, Spiesshofer said.

In transport and infrastructure, ABB hopes to bring more smart and environmentally friendly solutions to Hubei, on the back of the company’s leading technology and global presence, to make urban life more comfortable, convenient and greener, Spiesshofer added.

Also, ABB is willing to take part in China’s Road and Belt initiatives by helping more Chinese and Hubei companies go out and get more international cooperation opportunities.

At the end of their meeting, Wang and Spiesshofer agreed that Hubei and ABB would deepen cooperation and exchange for a win-win result, by seizing the opportunities brought by the Yangtze River Economic Zone national development strategy.

Spiesshofer was accompanied by Gu Chunyuan, Senior Vice President of ABB Group and Chairman and President of ABB (China) Ltd., as well as PohCheng Gay, Senior Vice President of ABB (China) Ltd. and Head of Electrification Products division of ABB China.

ABB is a leading global technology company in power and automation that enables utility, industry, and transport & infrastructure customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in roughly 100 countries and employs about 135,000 people. ABB has a full range of business activities in China, including R&D, manufacturing, sales and services, with 18,000 employees, 40 local companies, and an extensive sales and service network across 147 cities.

For more information on ABB, please visit:
http://new.abb.com/cn, Sina Weibo: @ABB China, Official WeChat Account: abb_in_china, Official WeChat QR Code:
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