Siemens inks green deals worth 2b yuan

Siemens AG, Europe's largest engineering company, yesterday said it signed orders worth 2 billion yuan and other agreements with Chinese partners this week, most of which are for environmentally friendly products and solutions.

The orders cover a wide range of the company's portfolio in China, including energy, transportation and healthcare, the company said in a statement.

These orders show that growth of the market for environmental technology is strongest in emerging countries such as China, said Peter Loescher, president and CEO of Siemens.