Bettina Schoen-Behanzin, Asia representative of the Freudenberg Group in Germany, a well-known industrial company in Germany, said on the 24th that the group will continue to invest in China to help “Made in China 2025†and provide China with a global technological power. stand by.
In the past two years, individual international manufacturing companies have shifted their Chinese factories to Southeast Asia, where labor is cheaper. The rise of reverse globalization has also led some companies to return to developed countries. Does this mean that China’s ability to attract foreign investment has declined?
According to the German family-owned company Freudenberg, which has more than 160 years of history, the Chinese market is still full of opportunities. Xu Beidi stated that Freudenberg's sales in China have maintained steady growth in the past 10 years. In 2016, sales in Greater China increased by more than 20% to RMB 7.2 billion (RMB, the same below).
The data released on the same day also showed that in 2016, Freudenberg invested 282 million yuan in China, and invested 1.2 billion yuan in China in the past five years. At present, the group has more than 6,300 employees and 24 advanced production bases in China, of which more than half are equipped with R&D facilities.
Not only that, Freudenberg continues to raise the Chinese market. According to reports, the group's Enfu (China) Wuxi plant expansion project is scheduled to be put into use in August this year, thus making the plant area more than 70,000 square meters; the expansion project of the Shenzhen factory of the Freudenberg Medical Group is also completed recently and is expected to Double the production capacity.
Shortly afterwards, the Chinese and German premiers will initiate regular meetings to promote the connection between "Made in China 2025" and the German "Industry 4.0" will continue to be an important part of this meeting.
For "Made in China 2025", Xu Beidi is quite optimistic. She pointed out that the strategy proposes innovation, research and development of high-quality and high-tech products, and vigorously promote automation, digital development, increase production efficiency and productivity, which reflects the Chinese government as always attaches importance to sustainable development.
Dr. Mohsen Sohi, CEO of Freudenberg Europe AG, told the China News Service reporter that the current relationship between China and Germany is booming. "Made in China 2025" and Germany's "Industry 4.0" are closely collaborating. I hope to take this opportunity. Opportunities further promote the flow of technology and trade between the two countries. German companies will continue to pay attention to this opportunity and use their technological advantages to help deepen Sino-German cooperation.
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