GE Healthcare Targets China’s Rural Markets With New Machines

March 30, 2012 -- GE Healthcare, the medical device subsidiary of General Electric will seek to increase its China revenues by expanding beyond tier-1 markets. The company plans to introduce 32 new products in China over the next five years, 70% of which will be aimed at grassroots institutions. GE wants to generate 50% of its China revenues from these institutions by 2017, up from less than 20% at present. More details....

Stock Symbol: (NYSE: GE)

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