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Motorola to Buy More Components from Chinese Providers
Over 65 percent of the accessories and raw materials for Motorola's products made in China come from Chinese providers, said Motorola officials during a recent exhibition in North China's Tianjin Municipality.

Motorola last year bought components and supporting products worth US$1.4 billion from over 700 Chinese manufactures, said the officials.

They said that it will further enhance cooperation with Chinese partners.

Motorola's policy for developing businesses in China is to establish itself in the country and actively participate in the reforms, opening-up and economic construction in China, said the officials.

It will spend an extra US$1 billion on research and development in China in the coming five years, making Beijing one of its global research and development bases with the technology core sector to be stationed in the Chinese capital.

According to its future development plan, Motorola will spend US$10 billion on buying local supporting products and related raw materials in China over the next five years. And by 2006, its output value in China will reach US$10 billion and its accumulated investment amount to US$10 billion.

Currently, Motorola is the largest foreign investor in China, with a total investment of US$3.4 billion.

(China Daily March 26, 2002)

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