Alstom opens technology center in Shanghai

SHANGHAI - Alstom Grid, a division of Alstom SA of France, opened its China Technology Center in Shanghai on Friday to focus on the provision of strong and smart electrical grids.

Alstom is one of the largest global companies in power generation, transmission and railway infrastructure.

The move underlines the company's desire to increase its presence in the Chinese market, which is likely to have great potential for infrastructure-equipment makers during the next five years.