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Hewlett-Packard Pledges to Invest More in China
Hewlett-Packard (HP)'s CEO Carly Fiorina has pledged that the world's leading computer maker will keep providing China with new products and improving its service in the country.

She said on the sidelines of the CEO Summit of the Asia Pacific Economic Cooperation (APEC) that HP is a global corporation. It will continue to increase investment in Asia, especially in China where she said HP has "a good basis for marketing."

HP became the first foreign-invested IT company whose sales volume in China exceeded one billion U.S. dollars by November last year, the CEO said, adding that the company's sales in China stands among the top six of its global sales.

HP established its first joint venture in China in 1983 and has maintained a good cooperative relationship with China since then, she said.

This is Fiorina's first visit to Shanghai, where HP has opened five ventures.

It is learned that HP has provided 100 crystal liquid screen computers to the APEC media center for journalists free of charge.

(People's Daily October 19, 2001)

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