Many German chemical giants have resumed production in China and have full confidence in the Chinese economy.
Release Date: 2020-04-13   |   Concen: 362

China News Agency, Berlin, April 9 (Reporter Peng Dawei) The reporter learned from the business office of the Chinese Embassy in Germany on the 9th that at present, many large German chemical companies have achieved resumption of production and production projects in China. I have full confidence in China's economic development prospect after the epidemic.

It is reported that the German chemical companies BASF, Evonik and LANXESS have recently released their 2019 financial reports. In interpreting the financial report data, these companies mentioned the development in the Chinese market without exception, and clearly expressed their confidence in China. The above-mentioned enterprises believe that the new outbreak of pneumonia at the beginning of this year has brought great challenges to chemical companies. However, judging from the current situation, China has made positive achievements in responding to the outbreak of new pneumonia. The Asia-Pacific market led by China is undoubtedly a new opportunity for enterprise development.

Bo Mule, executive chairman of the world's largest chemical company BASF Europe, said that BASF plans to invest 23.6 billion euros in the next five years, of which 41% will be allocated to the Asia-Pacific region, which is higher than Europe's 34% investment. Ke Diwen, President of BASF's Greater China Region, also said that the company stands firmly with its employees, customers, communities and all relevant parties in China, and believes that it will eventually win this epidemic war. China is BASF's third largest market after Germany and the United States, and it is also the main growth market for the company's business. BASF is fully confident of the long-term development of the Chinese economy.

Chen Jinqiu, general manager of Evonik Specialty Chemicals (Shanghai) Co., Ltd., said that Evonik has been developing in China for decades and has long been closely linked with China. The epidemic will make 2020 different, but it will not shake Evonik ’s determination to develop in China. Chen Jinqiu said that the company's investment projects in China will proceed normally, and I believe that China will soon overcome the new crown virus and build a safe, healthy and better future together.

Ku Leman, the new president of the German Chemical Industry Association and CEO of Evonik Industries, said that China is currently one of Germany's most important trading partners, and the relationship between the two countries has risen to an unprecedented level. At present, the raging of the new coronavirus has brought huge challenges to China and European countries, as well as countries around the world. Under the current situation, the chemical industries of both Germany and China have a special historical mission. They should jointly promote sustained economic prosperity and continuous innovation to promote the process of digitization and globalization. He looked forward to the continued development of good cooperative relations between the two countries, especially in the chemical industry.

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