For 10 consecutive years ABB has sponsored the "ABB-New Great Wall Fund", benefiting more than 2,000 underprivileged college students
Guangzhou, May 15, 2014 - At today’s opening of the sixth annual "Automation World" event, ABB contributed one million yuan to the "ABB-New Great Wall Fund" for the 10th consecutive year. The scholarship helps underprivileged students studying electrical engineering, automation or other related fields complete their education at domestic universities.
Over the past decade, ABB has donated more than 10 million yuan in funding to the scholarship project, connecting with 44 universities in 21 cities nationwide, including Tsinghua University, Shanghai Jiaotong University, Wuhan University, Zhejiang University, North China Electric Power University, Chongqing University, Huazhong University of Science and Technology, and Xi'an Jiaotong University. More than 2,000 underprivileged college students have benefitted from the scholarship. With ABB's help, these students not only completed undergraduate studies, but have showed great aptitude for higher learning. Many have chosen to obtain master's and doctoral degrees.
Cooperating with universities is an important part of ABB’s strategy to develop innovative local talents. In addition to funding scholarships, ABB has also developed cutting-edge technology, supported personnel training, and promoted technological development and innovation through joint research, joint laboratories, teaching assistantship, periodic seminars and other means of cooperation.
In addition to supporting university scholarships through the "ABB-New Great Wall Fund", ABB has also funded education for underprivileged students at technical schools to help China develop more specialized technical personnel. In total, more than 1.6 million yuan has funded training for nearly a thousand students at technical schools. In addition, ABB cooperates with Chongqing Machinery Technician College, Xiamen University and Xiamen Technical College among others to cultivate senior professional and technical personnel.
ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 150,000 people. ABB has a full range of business activities in China, including R&D, manufacturing, sales and services, with 19,000 employees, 37 local companies, and an extensive sales and service network across 109 cities.
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