Top 5 News From ChinaKnowledge.comHang Seng Index opens 181 points lower on WedHSBC approved to sell RMB 3 bln in RMB bonds in HKSinovac's H1N1 flu vaccine for clinical trial by JulyHP awards researchers in Chinese universitiesPetroChina seeks partner for RMB 15-bln refinery in ChongqingJun. 17, 2009 (China Knowledge) - U.S.-based Avaya Inc, a leading telecom and network equipment maker, will continue to invest and expand in China and expects its sales in the country to grow several times faster than China's GDP, the China Daily reported on Tuesday, citing John DiLullo, president of Avaya's Asia Pacific operations, as saying.
The company will focus on its banking and insurance businesses and will seek acquisition opportunities in China, a growth area for the company, said DiLullo, adding that the company will focus its resources on the transportation, healthcare and telecom sectors to boost its business growth in the country.
The president also said the company this year will continue expanding its employee base at its call center in Dalian, a coastal city in Liaoning Province. Avaya reportedly has secured a 21.8% share in China's call center market, becoming the leader in the sector.
The company recently provided China Vanke Co Ltd<000002><200002>, the country's largest publicly traded residential properties developer, services to consolidate its communications infrastructure by centralizing and streamlining its communications across its 20 branches.