He agreed to faster industrial reforms to preserve the environment, and wished the called "tier-four technology" with clean emissions can benefit Chinese cities as soon as possible just like in west Europe, the United States and Japan.
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"High quality and high productive equipment along with independent dealer organization for the daily customer services helped Caterpillar take a large market share," Oberhelman said.
Preserving intellectual property is another necessary reform for China to focus on, and the country cannot be a leading power in the world without internal intellectual property protection, he added.
Caterpillar's global sales and revenue in 2013 were $55.66 billion, down 16 percent year on year. The decline was primarily driven by a drastic drop in sales of new machines for mining, according to its official report.
However, the company's the total sales and revenues in China stood at about $3.5 billion last year, up over 20 percent from 2012.
Caterpillar so far has established 28 manufacturing facilities and 4 dealers covering 27 Chinese provinces and municipalities with about 10,000 employees in China.
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