Chint Group confirms it's circling targets abroad

Chairman hints at M&As for tech in the Belt and Road markets this year

Chint Group, China's leading industrial electrical equipment and new-energy company, will definitely be making new investments in 2017 - particularly in economies along the Belt and Road Initiative - as part of its aggressive globalization strategy, its chairman told China Daily on Friday.

"Our globalization strategy is to go abroad for mergers and acquisitions, bring in advanced technologies and go abroad again to produce high-end manufacturing products," said Nan Cunhui, chairman of Chint Group.