April 15, 2011 International auto parts supplier German Continental Group will expand its business in China. As part of this strategic initiative, Continental plans to increase employee development investment in China in the next five years to meet the growing business needs. “We plan to increase 25% of our employees in China this year,†said Mr. Jay Kunkel, CEO of Continental Group China. “The Continental Group has always attached importance to development in Asia, especially in China, because China is We are an important market in the future. We are pleased to be able to expand our business in China and will always open our hearts to talented individuals who are interested in joining the Continental Group and provide them with an international working environment with first-rate technology and innovation." Continental Group grew faster in 2010 than the entire automotive market, especially the emerging Asian market. In the automotive business of the Group last year, sales in Asia rose to 21%, while last year the Group’s sales in Asia increased by nearly 50% to more than 4 billion Euros. In the long run, the Continental Group hopes that its sales revenue will increase substantially in China, so that its market share in the Asian region will be comparable to its market share in the current core markets in Europe and North America for many years. Continental started its business in China with Shanghai Automotive Industry Corporation (Group) Corporation in Shanghai and established Shanghai Automotive Braking System Co., Ltd. in 1994. So far, the Continental Group has built 18 production plants and 15 sales offices in China and employs approximately 14,000 people. In 2009, Continental Group put into operation its new Asia Pacific headquarters and research and development center in Yangpu District, Shanghai, not only its Asian headquarters, but also an important R&D center. It is mainly responsible for the design and testing of automotive electronic products. Continental Automotive Jiading R&D Center is another technical center of Continental Group in Shanghai. It is dedicated to the development and testing of electronic brake systems, hydraulic brake systems and engine management and control systems. The two R&D centers have a total investment of up to 60 million euros. With sales of 26 billion euros in 2010, Continental AG is one of the world's leading suppliers of automotive parts and components. The Group's business covers braking systems, powertrains and chassis systems and components, instrumentation, infotainment systems, automotive electronics, tires and industrial rubber products. It is committed to driving safety and environmental protection. Continental AG is also an excellent partner in automotive network communications. At present, the Group has approximately 150,000 employees worldwide and operates in 46 countries. Each year, Continental recruits approximately 1,500 graduates and young professionals worldwide, of which Germany and China are approximately 400 and 200 respectively. In 2011, the Continental Group will mainly recruit engineers and chemical professionals. The Continental Group cooperates with eight internationally renowned universities including MIT, Aachen University of Technology and Tsinghua University through the Global Project Excellence Program. The Continental Group has established contacts with 250 universities worldwide through its more than 500 corporate campus ambassadors. Silicone Oils,Linear Polysiloxane Compounds,Silicone Oil For Treadmill,Silicone Oil For Lubricant Henan Minmetals East New Materials CO. LTD. , https://www.east-silicones.com