GE moving X-ray unit HQ to Beijing

US-based General Electric (GE.NYSE) will relocate the headquarters of its X-ray devices unit to Beijing to better exploit growth in the country’s health-care market, the Wall Street Journal reported. According to statements made by Anne LeGrande, vice president and general manager of GE Healthcare Global X-Ray, the subsidiary has already begun transferring senior management, and expects to complete the transition by year’s end. GE Healthcare Global X-Ray has 120 employees in the US, but management said the transition should not impact its US employment footprint. It did not say how many employees it will hire in China. The company expects its health-care revenue in China to rise 20% annually through 2015, from about US$1 billion in 2010. The company did not disclose revenues for GE Healthcare’s X-ray business in China or globally.