(Japanese Site)
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| Motorola, Lucent Sign US$300M Telecom Contracts in China
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June 25, 1998 (BEIJING) -- China and the United States signed US$300
million worth of contracts and cooperative agreements on
telecommunications in Beijing recently.
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Motorola Inc. of the United States signed four contracts and
agreements with four Chinese telecommunication enterprises to sell
GSM mobile communications systems to and buy relevant equipment
from China.
The other three contracts and agreements were signed between Lucent
Technologies Inc. of the United States and three Chinese
telecommunications enterprises.
Under the contracts and agreements, Lucent will sell US$60 million
worth of optical cable transmission equipment and local network
transmission network to the Chinese enterprises.
The signing ceremony was sponsored by the Ministry of the
Information Industry (MII) at the Great Hall of the People.
An official from MII said that in the past few years, China and the
United States have maintained fairly close links in the field of
telecommunications.
The two countries have increased exchanges of visits of government
officials and signed a number of agreements and memoranda of
understanding.
In the period from Chinese President Jiang Zemin's visit to the
United States in October 1997 to April 1998, China placed contracts
totalling US$430 million with U.S. telecommunications and IT
companies such as Motorola, Lucent and IBM Corp.
(Xinhua News Agency)
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