As early as 1906, GE began to develop trade with China, and was one of the most active and influential foreign companies in China at that time. 1908, GE established the first light bulb factory in Shenyang. 1934, GE bought the Sims Trading Company, and began to provide installation and maintenance services of imported electrical equipment in China. 1979, GE re-established trade relations with the People's Republic of China. 1991, the first joint venture GE Avionics Medical Systems Co. In 1979, GE reestablished trade relations with the People's Republic of China, and in 1991, the first joint venture, GE Aviation Medical Systems, was established in Beijing.
To date, all of GE's industrial product groups have a presence in China, with more than 11,000 employees, and GE has established 40 operating entities. With the gradual opening of the market after China's accession to the WTO, GE's financial business is also actively seeking opportunities for development in China. 2005 GE's sales revenue in China amounted to US$5 billion.
Besides business investment, GE is also committed to being a good corporate citizen and actively participates in various public welfare activities, such as setting up scholarships in China's educational institutions. In addition, volunteer organizations of GE employees have set up chapters in Beijing, Shanghai, Guangzhou, Dalian and Hong Kong, and are actively engaged in community service, environmental protection and other volunteer activities.
GE's six industrial divisions: Business Financial Services, Consumer Finance, Industrial, Infrastructure, Healthcare, and NBCUniversal. Under the GE Money umbrella, GE Consumer Financial Services provides credit services and financial products such as private credit cards, personal loans, bankcards, auto loans and leases, mortgages, group travel and purchase cards, bill consolidation, home equity loans, and credit insurance to consumers, retailers, and automobile dealers around the world.