Amid China's drive to pursue high-quality growth, executives of two German companies have spoken to Xinhua about their efforts in innovation and fostering further expansion in China. #GLOBALink You may like Domestic brands shine at 4th CICPE in S China's Hainan A look at photos taken from ...
China has emerged as the most important market for German "hidden champion" companies, reinforcing Simon's confidence in the future of the Chinese economy. Highlighting the immense potential of the Chinese market, he said that while Germany currently hosts approximately 1,500 hidden champion companies...
Bilateral trade between China and Germany has grown in the first three quarters of 2022. And big companies as well as small and medium-sized enterprises have enjoyed the deepening pragmatic cooperation. In the past decades, German businesses have been big beneficiaries of China's refor...
many brands which we are supplying to our customers, to our industrial customers. so all our customers are industrial companies and we bring the same concept here to china. we have a warehouse here in china. we
SFC Markets and Finance: Could you provide an overview of German companies in China, such as the number of companies, the scale of their investments, and the industries they are primarily involved in? Maximilian Butek: We have around 5000 German companies in China. I think it reflects the in...
to our industrial customers. So all our customers are industrial companies and we bring the same concept here to China. We have a warehouse here in China. We have been active in China now for over ten years, growing every year double digits together with the modernization of the Chinese ind...
The enormous size of the Chinese consumer market, advanced supply chain infrastructure, and status as an increasingly strong innovator make China one of the most important markets for many German companies, Hildebrandt said. The German Ch...
In 2022, the company supplied 1.8 million tires for NEVs, and this figure surged to 2.9 million in 2023, showing a significant increase, he added. While German companies expand their investments in China, a growing number of Chinese enterprises are seizing new opportunities in Germany by strength...
Eastern China's TaicangCity, known as the "hometown of German companies in China," is attracting an increasing number of companies from the European country to set up shop, Yicai Global reported on November 18. The number of German enterprises in the city ineastern China'sJiangsu province has...
Q:What is the company's vision for the future development in China? A:What we basically provide to China and to our customers globally as you already mentioned simplicity. Companies in China are increasingly how do you say calls driven are increasingly modernizing. I visited recently Hongqi in...