ABB is a global technology leader in electrical products, robotics and motion control, industrial automation and power grid. It is committed to helping customers in power, industry, transportation and infrastructure industries improve their performance. Based on more than 125 years of innovation history, ABB is constantly promoting the energy revolution and the fourth industrial revolution, and writing the future of industry digitization. ABB Group operates in more than 100 countries and employs 132000 people. ABB has a full range of business activities in China, including R&D, manufacturing, sales and engineering services. There are 40 local enterprises with 17000 employees in 139 cities, and the online and offline channels cover more than 300 cities in China.
The ABB group is headquartered in Zurich, Switzerland and is listed on the Zurich, Stockholm and New York stock exchanges. ABB was formed in 1988 by the merger of two international companies with a history of more than 100 years, ASEA of Sweden and BBC Brown Boveri of Switzerland.
As an invisible leader in the digital field, ABB is further using its rich industry experiences to design, build and operate unique digital solutions to provide customers with truly differentiated services. ABB Ability ™ Digital solutions integrate ABB's existing products and services for the first time, covering all customer industries, further consolidating ABB's leading position in the fourth industrial revolution.
China: ABB's second largest market in the world
ABB's relationship with China can be traced back to 1907 at the beginning of last century. At that time, ABB provided China with a steam boiler. ABB set up its China business department in Hong Kong in 1974 and an office in Beijing in 1979. In 1992, ABB established its first joint venture in Xiamen. In 1994, ABB moved its Chinese headquarters to Beijing, and formally registered ABB (China) Co., Ltd., an investment joint stock company, in 1995.
After years of rapid development, ABB has a full range of business activities in China, including R & D, manufacturing, sales and engineering services. There are 40 local enterprises with 17000 employees in 139 cities and its online and offline channels cover more than 300 cities in China. In 2016, about 84% of ABB's sales revenue came from locally manufactured products, systems and services. China maintains the world's second largest market in ABB Group.
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