German car parts maker provides funding for higher education
Updated: 2012-11-20 17:04
By
Wang hongyi in Shanghai
(chinadaily.com.cn)
|
||||||||
German company ZF Friedrichshafen AG, a leading global supplier of automobile parts, is boosting the cultivation of local talent by extending its involvement in higher education in China.
The company said it will provide five-year funding for an endowed chair of passenger car chassis technology and dynamics at the Sino-German School for Postgraduate Studies, or CDHK, at Tongji University in Shanghai.
"China is an important market for the automotive industry -- a market that is also becoming increasingly important to ZF. The group has continually grown market shares in the country over the past few years," said Ye Guohong, president of ZF (China) Investment Co Ltd.
In the 2011 fiscal year, ZF generated sales of 1.5 billion euros ($1.91 billion) in China, 14 percent more than in the previous year. In the first quarter of 2012, ZF managed to increase its sales by 28 percent compared with the previous year.
"In order to further consolidate and expand our position in China, we also need qualified junior staff that will see ZF as an attractive employer and develop forward-looking solutions for us," Ye said.
Funding has initially been earmarked for five years. The collaboration between ZF and the CDHK will be expanded gradually until August 2017, with joint research projects and international internships.
Professor Yu Zhuoping, who is also the Dean of the School of Automotive Studies at Tongji University, was appointed as the leading professor of the new chair.
wanghongyi@chinadaily.com.cn
Relief reaches isolated village
Rainfall poses new threats to quake-hit region
Funerals begin for Boston bombing victims
Quake takeaway from China's Air Force
Obama celebrates young inventors at science fair
Earth Day marked around the world
Volunteer team helping students find sense of normalcy
Ethnic groups quick to join rescue efforts
Most Viewed
Editor's Picks
|
|
|
|
|
|
Today's Top News
Health new priority for quake zone
Xi meets US top military officer
Japan's boats driven out of Diaoyu
China mulls online shopping legislation
Bird flu death toll rises to 22
Putin appoints new ambassador to China
Japanese ships blocked from Diaoyu Islands
Inspired by Guan, more Chinese pick up golf
US Weekly
|
|














