ABB energized for major expansion drive

Swiss-Swedish engineering group ABB, which has a footprint in more than 100 cities in China, is preparing to double that number over the next three years, especially in the country's central and western regions after good sales in 2013.

Ulrich Spiesshofer, chief executive officer of ABB Group, said the company will have 20,000 people working in China soon. He added there are many growth drivers such as energy-efficient technologies and infrastructure in the Chinese economy.

"We are making changes to carry out a strong penetration strategy to go west in China, to add additional cities, to go more into second-, third- and fourth-tier cities over the coming years," Spiesshofer said.