Mitsubishi Heavy Industries, Ltd. (MHI) has newly established Mitsubishi Heavy Industries (China) Co., Ltd. (MHIC) in Beijing to serve as a regional headquarters overseeing all company business in China. With the establishment of MHIC, MHI aims to increase new business opportunities in the rapidly growing Chinese market by establishing a structure enabling it to leverage its comprehensive company-wide capabilities. At the same time, with this initiative MHI also looks to further enhance local corporate management and administrative functions and further solidify its base of business operations in China by strengthening managerial support and corporate governance to its group companies.

Working closely with respective departments at MHI's head office in Tokyo, including the Sustainability Energy & Environment Strategic Planning Department, MHIC will effectively gather business information throughout China and increase its business opportunities in large-scale projects, such as urban development, energy and the environment, by offering business models incorporating its comprehensive capabilities. Plans further call for MHIC to set up liaison offices in China's interior regions, where high economic growth is expected.

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