The company is expected to have about 80 vendors in China by the end of this year, and is targeting 250 by 2021, according to the company's plan.
The company's manufacturing base in China produces and exports glass. More such plants are likely to be set up in South America and elsewhere across the world in the years to come, according to senior company executives.
The company is said to have provided insurance to about 50 percent of Hollywood blockbusters such as the James Bond movies and the Fast and Furious series of films, to ensure their production is completed without a hitch despite possible emergencies, according to Allianz.
The company will collaborate with the China Children and Teenagers' Fund to jointly intervene in the problem of infant developmental retardation in China, planning to provide nutrition education programs for over 5,000 grassroots medical workers and seeking to help over 10,000 pairs of mothers and children in the next three years, the company's statement said.
The company said also that its coffee unit, Nespresso, is also moving Swiss jobs to Spain and Portugal.
The company said it will further absorb more wind and solar power during the second half.
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The company said it cut subsidies after the deal with its rival; drivers confirmed their incomes suffered as a result.
The company said it was brought into the C919 project at the very beginning and has been working with COMAC throughout the design, build and first flight stages of the jet.
The company launched business operations in Indonesia earlier this year. Within a short time, G-Net's performance exceeded that of foreign competitors to grab the top position in market shares. Its products showed better adaptation to Indonesia's network environment.
The company-also founded by seven retired soldiers in what was then rural Wuxi-began by making hemp rope for ships plying the Yangtze. It evolved to become one of China's first fiber-optic-cable manufacturers.