Schneider casting eye on SMEs

Move to help company gain more quality technologies from selected Chinese enterprises

French electric equipment and automation company Schneider Electric SA will invest in more small and medium-sized high-tech companies in China through a specialized investment fund, and provide training and learning materials to up to 100 vocational schools this year, its China president said.

Zhu Hai, who is also the electric automation company's global executive vice-president, said these activities would help the company gain more quality technologies from selected Chinese SMEs, as well as enhance the company's ability to diversify its business.