Panasonic celebrates 35 years in China

Panasonic Corporation of China has marked its 35th anniversary in China. 

Source: Panasonic. President Kazuhiro Tsuga of Panasonic Corporation describes Panasonic's business for the future in China.

At a celebration of the occasion earlier in October President Kazuhiro Tsuga of Panasonic Corporation said: "What became the springboard for Panasonic's entry into the Chinese market was the meeting our founder, Konosuke Matsushita had with the General Secretary of China, Deng Xiaoping 36 years ago, in 1978. In that meeting, our founder pledged his full support to China because he believed that 21st century was Asia's time to shine and that Japan must lead the way in cooperating with other Asian countries, especially China, for the development, prosperity, and peace of societies across the world. Today, Panasonic's annual turnover in China amounts to RMB60 billion, so it has become a very important market for Panasonic."

Panasonic's business in China has evolved in that time from home appliance manufacturing to R&D, manufacturing, sales, and services. Panasonic's portfolio in China ranges from home appliances to housing, crime prevention, medical solutions, smart devices, electrical devices, and new energy.

Panasonic has developed intelligent transport systems in China that help mitigate traffic congestion, and provided a home energy management system that can create an energy-saving, eco-conscious environment for the home with a single remote control for the Dalian BEST-CITY project. Panasonic surveillance cameras have also been installed across China to help create a safer living environment.