General Electric is expecting to see handsome double digit sales growth in China in this year and that too for a long period of time in spite of their revenues falling short of expectations as stated by chief executive Jeff Immelt.

Mr Immelt, while speaking to the Financial Times after meeting Chinese President Hu Jintao in Washington with other US and Chinese chief executives, stated that he was very happy with the progress, GE's business has made in China.

He repeated the call that he had made in the last year for China to open its markets further, and stated that their long standing and the amount of commitment they made in China have earned them the right to comment when they don't agree with something.

The biggest industrial group of the Us in terms of market value has announced in this week that a string of deals with Chinese groups have been made that will be able to sustain or create about four thousand five hundred jobs in America including the formal signing on Friday of a joint venture treaty with Avic or Aviation Industry Corporation of China for setting up a fifty/fifty joint venture for providing avionics for the new Chinese C919 airliner.

General Electric will be reporting its full-year results on Friday and the company has fallen short of its 2008 desire to make ten billion dollars of sales in China in 2010. The actual figure is expected to have been six billion to six and a half billion dollars. Total group revenues generated were about one hundred and fifty billion dollars. .

In spite of every thing, Mr Immelt stated that the numbers not mean that sales for its industrial businesses in China had been depressing.