Thales Group, the French industrial conglomerate, will deepen its presence in China by supplying air traffic control solutions and digital security products.
It will increase China investments to build innovation resources over the next five years, said a senior executive.
Demand is surging from airports in China that are keen to upgrade their infrastructure to accommodate wide-body passenger aircraft. Ground transportation players are also seeking to improve their efficiency and make breakthroughs in digital technology, said Pascale Sourisse, president of Thales International.
