Dr. Richard Hausmann becomes Advisor of Foreign Trade and Economic Cooperation to Shenyang Municipal Government

"International companies, like Siemens, have played a remarkable role in the development of Shenyang over the past years and have become an integral part of the local society and the economy," said Mr. Yang Yazhou, Vice Mayor of Shenyang Municipal Government on the meeting with the Siemens China delegation headed by Dr. Hausmann today. "I am glad to invite Dr. Hausmann, on behalf of 7 million people of Shenyang, to be member of the highest-level think-tank of the city and contribute the best practice of Siemens and his personal expertise to the future sustainable development of Shenyang."

With the aim to further promote the opening of the city and international exchange in the fields of economic cooperation, trade, investment, science and technology, the Advisors of Foreign Trade and Economic Cooperation to Shenyang Municipal Government are appointed on the merits of the individual or the organization's contribution to the development of the city.

"Shenyang is of high strategic importance to the development of Siemens in northeast China. It is a great honor for me to be invited to be the Advisor of Shenyang," said Dr. Hausmann accepting the invitation from Vice Mayor Yang Yazhou. "More importantly, it is a strong motivation for Siemens to further continue our long-term commitment to the economic and social development of the local community. With our unique business portfolio, we will continue joining the concerted efforts of Chinese people to modernize Northeast China."

Shenyang is among the earliest frontier cities for Siemens' development in China. The cooperation between Siemens and Shenyang dates back to as early as 1906, when Siemens delivered a telephone exchange system to the city, marking the start-up of modern communications network in northeast China. Siemens set up its Shenyang Branch in 1996, only two years after the establishment of Siemens Ltd., China. To date, almost all business segments of Siemens, including automation and control, industrial solutions, transportation, building technologies, power, medical solutions, lighting and household appliances, are active in the region.

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Siemens in China

Siemens is one of the most well-known, liked and respected corporate citizens in China. Marked by the delivery of China's first pointer telegraph in 1872, it is among the earliest international companies to pioneer co-operation with China. Over more than a hundred years, Siemens has stood for technical achievements, innovation, quality, reliability and internationality. Presently, Siemens maintains more than 90 operating companies and 61 regional offices in China, representing all business sectors of Siemens worldwide – Industry, Energy and Healthcare. These offices, together with the Regional and Provincial managers, are the backbone of Siemens' regional strategy and ensure that the company is close to its customers to be able to respond quickly and efficiently to their needs. With more than 43,000 highly qualified local staff, Siemens has become one of the largest employers amongst foreign invested enterprises in China and an integral part of the Chinese economy. Today, by applying a wide array of environmental portfolio and innovative solutions in the cooperation with local partners, the company is committed to contributing to the sustainable development of the country. In Fiscal 2008, sales and new orders of Siemens China were RMB 57 billion and RMB 65.5 billion respectively.

For further information please contact:

Mr. Duan Wei
Tel: +86-10-6476 3102
Fax: +86-10-6476 4922
E-mail: wei.duan@siemens.com

Ms. Cecilia Wang Xin
Tel: +86-10-6476 3263
Fax: +86-10-6476 4922
E-mail: cecilia.wang@siemens.com

Ms. Carrie Fang Shanshan
Tel: +86-10-6476 3736
Fax: +86-10-6476 4922
E-mail: shanshan.fang@siemens.com

For more information, please visit: www.siemens.com.cn/press