Dell plans to invest $125 billion in China over the next five years, its chief executive said on Thursday, as the company continues to expand in the world's second-largest economy. The compant said the investment would contribute about $175 billion to imports and exports, sustaining more than one million jobs in China.

"The Internet is the new engine for China's future economic growth and has unlimited potential," Chief Executive Michael Dell said.

"Dell will embrace the principle of 'In China, for China' and closely integrate Dell China strategies with national policies," Dell said, adding that the company would continue to expand its research and development team in China.

In January, Dell announced partnerships with state-owned China Electronics Corporation and the municipal government of Guiyang.