Green business, green careers and job training
Solutions that build smart communities with green careers and sustainable businesses!
HOME
EDITOR'S BLOG
FEATURE ARTICLES
GET STARTED

Save on Career Education through Lorman Education

Our readers are offered a discount on Lorman seminars and courses. Check out their business, management and legal offers at this link to qualify for our discounts. They also offer green business training opportunities. Please visit http://www.lorman.com/training/CaliforniaGreenSolutions for a complete listing of courses. Register online or call Lorman at 866-352-9539.
Home > Green News > SOLUTIONS MAGAZINE > Special Reports > Resources > Networking for Green & Sustainable Organizations > Business News

Cisco Bets on China for the Next Wave of Inernet & Web 2.0 Development

China's strategic importance to Cisco’s global operations and the broad range of growth opportunities presented by the China market

Find green business solutions
peanut oil biodiesel history Cisco, the networking equipment manufacturer could spend as much as $16 billion on a multi-year initiative announced November 1, 2007. The move signals the beginning of Cisco's next chapter in China, a country in which the company began significantly investing 13 years ago.

"These announcements underscore both China's strategic importance to Cisco’s global operations and the broad range of growth opportunities presented by the China market, particularly as an innovator in the next wave of the Internet’s development in collaboration and Web 2.0 technologies," said Cisco Chairman and CEO John Chambers.

The strategy includes the company’s first green technology center dedicated to sustainable development, energy efficiency, electronic waste reduction and emissions reduction both in and out of China.

The center will expand the company’s research and development of application specific integrated circuits power efficiency design.

Cisco will invest $17.5 million in Alibaba.com, China’s largest business-to-business online portal. The partnership will devise business management solution for small and medium Chinese businesses. Cisco also will create product and research teams to develop networking equipment to address the small to medium-sized business market, as well as emerging countries markets.

During the last five years, Cisco has bought more than $7 billion in Chinese components and services as part of its virtual manufacturing supply chain. That figure under Thursday’s initiative is expected to significantly increase.

The company signed a memorandum of understanding with China Development Bank to investigate the viability of a joint investment program to finance and advise innovative, high-growth Chinese businesses, with an emphasis on those in the areas of information technology, green technology.

Cisco established $400 million in incremental funding for Cisco Systems Capital China to offer financing to Cisco customers in China during the next three to five years. Cisco Systems Capital China has previously funded $60 million in customer assets to date.

Cisco also will expand its Networking Academies program with China’s Ministry of Education to add 300 academies in vocational colleges during the next three years. There are now more than 200 Networking Academies in 70 Chinese cities that have trained more than 90,000 students. Thursday’s initiative will more than double that capacity by 2010.



Edited by Carolyn Allen, owner/editor of California Green Solutions
Green Solution Providers
Green companies directory
Submit
your green solutions - business, nonprofit, government program.
It's free.
| technology | internet | china | computers | import |

Share in Social Media

Sign Up For News & Information
Subscribe to our free solutions newsletter
BONUS DOWNLOAD (PDF)
"Ten+ Tips for Greening Your Office"

SUBSCRIBE HERE
Read prior issues: California GreenLines

Search For Green Solutions

Custom Search
Green Career Center
Green Job Wizard
Career Certifications Directory

green job training certifications
Green Biz Center
Solutions For Green
Directory of Green Companies

Solutions for Alternative Energy

rose in natural systems
Green Living Center
Solutions for Green: Consumers

Solutions for Remodeling

Backyard Nature Center

INSTANT GREEN POLL

"Knowing is not enough; we must apply. Willing is not enough; we must do." Goethe
RECENT ARTICLES
SITE NAVIGATION
ABOUT US

Related Articles

US takes China to WTO court for pushing clean energy too aggressively ... HUH?

US, Americas, Asia and Europe Talent Outlooks Beyond 2010 - Strategy Shift!

Critical Skills Investment For YOUR Career

Related Green Resources

Marcom Tips
Interactive & Video Tips

Career Resources

We encourage lifelong learning to support sustainable communities and provide these select resources to help you pursue green and sustainable self-development:

Lorman Business Training Directory of On-line Business and Compliance Classes

Green Job Wizard Job and Career Certifications Directory

Job & Career Resources

Governance
Management
Manufacturing
Operations
Facilities
Transportation
Finance
Sales & Marketing
Human Resources

Green Economy

Business Sectors
Natural Resources

Solutions For Green

About Us ~ Privacy Policy
Contact Us ~ Home

Text Link Ads

AD: Place your link here

ABOUT CALIFORNIA GREEN SOLUTIONS

We help you green your career, workplace and community by connecting you to quality green, sustainable and high performance resources. California Green Solutions focuses attention on effective solutions that sustain our natural systems. You can support our editorial work by supporting our advertisers and spreading the word about best practices and green solutions.
California Green Solutions is a publication of Carolyn Allen ~ Copyright ©2006-2030 Carolyn Allen

B2B | Job Certifications | Alternative Energy | Events | Green Directory | LED Lights | Remodeling |
CONSUMERS | Backyard Nature | Senior Health | MultiMedia Marketing | Marketing | Networking Events | Japan |