Cisco's Chambers with 16 billion U.S. dollars that "partnership"

Intel, Cisco, EMC's head appeared at the same time Beijing yesterday. Among them, Cisco CEO John Chambers 16 billion U.S. dollars in the most amazing shots. This huge sum of money in, and even invested in a small part of China's most popular company Alibaba.

Yesterday morning, 5:30, Cisco CEO John Chambers, chairman and chief arrived in Beijing that his visit to the most important task is that of China 16 billion U.S. dollars of investment commitments, a figure approaching IT giant Cisco revenue this year, one-half.

Chambers of the trip is very tight, the whole of his morning speech at Beijing University last into the freedom of students in the audience and communicate the arrangements for the afternoon while meeting with partners. Chambers told reporters: "really tired, I like it, although the journey has been crazy for my team."



Cisco CEO John Chambers

As the world's largest producer of Internet equipment, Chambers is leading the team in the world to visit. 3 years ago he brought to China was 32 million U.S. dollars investment commitments, but this year promises up to 16 billion U.S. dollars, is 500 times the original, and according to Chambers's statements, this figure only to prove that Cisco and the Chinese enterprises " a lifelong partnership. "

A number of important cooperation signed yesterday, three years, Cisco and the Chinese Ministry of Education's "Network of Education" from more than 200 to more than 500 new train 100,000 network engineers; invest 17.5 million Internet company Alibaba U.S. dollars, becoming the basis for financing its public investors; and the China Development Bank to establish joint investment projects; increase of 400 million U.S. dollars within five years China's financial leasing customers money ... ...

"Cisco entered the second phase of China's development, the investment focus on the future 5-10 years." Chambers said. In fact, the network equipment provider Cisco is also trying to promote its transformation in China, it is to sell products directly to consumers and small and medium enterprises. In China, with the world's second network of Internet users and just starting out with a large number of small and medium enterprises, "China's future unparalleled."

More business leaders realize the importance of the Chinese market. In just the past day, yet there are four international IT giant's global boss came to visit China, they are Cisco, Microsoft, Intel and EMC. In the next week, Kodak also recently appointed global president arrived in Beijing - China is their stage.







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