Harbin Electric international contracts hit 2.6b yuan in 2012

Harbin Electric Corp, China's top power equipment maker by sales volume, said that its international contracts hit 2.6 billion yuan ($418.3 million) in 2012.

The company launched its international strategy in 2010, and has achieved robust progress in the past two years. International revenue contributed over one-third of the total output, said a senior official from the company.

The company exports products to more than 50 countries and regions. Its main markets include Africa, South America and Southeast Asia.

China became the world's largest energy producer in 2012 with an installed power capacity of 1.14 billion kilowatts, National Energy Administration data showed.

wuyong@chinadaily.com.cn