Hefei Leaders in Germany to Invite More Companies

From July 3 to 6, a delegation from Hefei headed by Yu Aihua, member of the Standing Committee of Anhui Provincial Committee and Secretary of Hefei Municipal Committee, went to Germany to carry out economic and trade investment activities.

A promotion meeting will be held in Stuttgart to attract more German enterprises to invest in Hefei.

For a long time, Hefei has been widely favored by German enterprises in terms of foreign investment. According to the latest data provided by the delegation, as of May this year, Germany has invested in 40 enterprises in Hefei, including Volkswagen Group and Continental Group. Volkswagen Group is speeding up the construction of a total investment of 23.1 billion yuan in Hefei, In April this year, it announced that it would continue to invest 1 billion euros to build the world’s second R & D center in Hefei,

At the promotion meeting of German enterprises held in Stuttgart, the delegation exchanged views with many enterprises and institutions such as Porsche Management Consulting and the University of Stuttgart. People present said that they are optimistic about China’s economic development prospects, and there are many points of convergence with Hefei’s emerging industries, and plan to visit Hefei to seek cooperation projects. Yu Aihua said that the reason why German enterprises are optimistic about Hefei and invest in Hefei is that they attach great importance to the huge scale, long-term potential and stable development environment of the Chinese market. At the same time, it also proves that the development of the world cannot be separated from China and the prosperity of the world needs China.

In recent years, Hefei has vigorously developed an export-oriented economy, adhering to the combination of “going out” and “bringing in.” It is understood that a number of enterprises from Hefei, such as NIO, Guoxuan Hi-Tech Group, have invested in Germany and made great efforts to strengthen technological innovation and product competitiveness, further promoting the two-way economic and trade cooperation between Hefei and Germany towards a broader space.