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July 2003
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NEWS COLUMN

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Business in Brief

 

Rail Speed to Increase in October
China Telecom Expects New Profits from Broadband
Newspaper and Periodical Retail Business Open to Foreign Concerns
Benz to Come to Beijing
Shanghai Releases White Paper on Commerce
Motorola to Build R&D Center in Beijing
SARS Stimulates the Health Care Business

Motorola to Build R&D Center in Beijing

Motorola have signed a memorandum of cooperation in Beijing to invest US $90 million in building the Motorola Research and Development Center in the city. At the signing ceremony Mike Zafirovski, president and chief operating officer of the telecom titan, stated that Motorola intends to invest within five years a total of US $500 million in personnel and equipment for the center.

 

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