Markets ability to exchange for technology-.doc

 PAGE \* MERGEFORMAT 14 Market’s ability to exchange for technology? Technology transfer agencies ‘That was a tough negotiation. They  China  want is to get all of the technology, but we would like is that we put a huge financial resources to keep the development out of these technologies. ‘Had just retired last month, General Electric, Delbert Williamson, president of worldwide sales in 2002 in China talking about a tender negotiations. China was invited to General Electric, Mitsubishi Heavy Industries, Siemens and other multinational companies bid billions of dollars in the total value of procurement contracts - to the six regional utilities to provide 23 units generating turbines. At that time the State Planning Commission clearly pointed out the premise of winning one of the conditions: the Chinese state-owned power companies, joint venture and transfer of technology. Specific to the negotiations with General Electric, General Electric, China’s demand for new partners to transfer their investment more than 500 million U.S. dollars developed sophisticated ‘9 F ‘turbine technology and manufacturing processes. General Electric turbine technology has been leading its turbine technology is determined by its aircraft engine division, Power Systems Division and the U.S. Department of Energy jointly developed. Although Williamson reluctantly, but he had no other choice. Such a tempting cake, you do not eat will be to rivals. Later, Williamson, and two Chinese state-owned enterprises (Harbin Power Equipment Corporation and Shenyang Liming Aero-engine manufacturing company), negotiators talked about 3 months, changed the venue for negotiations until the final six to reach an agreement. In March 2003, General Electric has won 13 senior 9F gas turbine units, worth 900 million U.S. dollars for large orders. According to the contract, General Electric agreed to let Harbin Power Equipment Company assembled this group of gas turbines. In addition, the turbine on the