GE eyes big slices of power and aviation

General Electric Co, a US-based conglomerate, is expected to ink deals running into several billions of dollars with Chinese companies, mainly in the power and aviation sector, during US President Donald Trump's state visit to China, a top official said on Wednesday.

John Rice, the vice-chairman of GE, who is part of Trump's business delegation to China, said that the projects in the pipeline, which are "in billions (of dollars)," will "include the combination of content from China with content from the United States".

It is of great importance for the world's two largest economies "to coexist in a constructive and complementary way," Rice told China Daily.