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Anhui Province and Lower Saxony to Strengthen Cooperation in Automotive Sector

Pub Date:24-05-30 10:53 Source:english.anhuinews.com

One is a major automobile manufacturing province in China, and the other is Germany's leading automobile state. How can they achieve mutual benefit and win-win results through strengthened economic and trade cooperation? On May 29, the 40th Anniversary Celebration of the Friendship between Anhui Province and Lower Saxony and the China-Germany (Anhui) Economic and Trade Cooperation Exchange Promotion Conference were held in Hefei.

It is understood that Germany is Anhui's most important economic and trade partner in Europe, with more than 110 German enterprises investing and operating in Anhui and 34 Anhui enterprises operating in Germany.

As early as 1984, Anhui Province and Lower Saxony officially established a friendly provincial-state relationship, becoming the first pair of friendly provincial-state relations between China and Germany. Over the past 40 years, the two sides have continuously reached new heights in exchange and cooperation. Lower Saxony is the most important source of investment in Anhui from Germany and is also a relatively concentrated area for large Anhui enterprise projects in Germany.

Anhui is one of China's important innovation and manufacturing centers, particularly emphasizing the development of the automobile and its supply chain industries. A relevant leader of Anhui Province stated, "We hope that car companies and upstream and downstream enterprises in the automobile industry chain, such as Volkswagen Group and Continental, will further increase their investment in Anhui. We will also fully support Anhui's automobile industry in accelerating its investment layout in Lower Saxony."

"Volkswagen Group has been in China for 40 years, and China has become Volkswagen's second home. Over the past 40 years, Volkswagen Group has rapidly developed alongside China's automobile industry, gaining support and affection from more than 50 million Chinese consumers," said a relevant person in charge of Volkswagen (Anhui) Co., Ltd. They also expressed a commitment to continue contributing to the development of China's automobile industry in the future.

Founded in 1871 and headquartered in Hanover, the capital of Lower Saxony, Continental Group has nearly 30 years of development history in Anhui Province, having established an automotive electronics factory and an electronics R&D center in Wuhu. "Since Continental Group began developing in Anhui, it has received strong support from local governments at all levels. Thanks to Anhui's good business environment, Continental Group's development in Anhui has been thriving," said a relevant person in charge of Continental Group China, expressing anticipation for more fruitful cooperation in the future.

During the event, a collective signing ceremony for projects and enterprise matchmaking activities were held on-site, providing a platform to facilitate in-depth exchanges between enterprises from both countries.

Source: anhuinews.com

Editor:Zheng Chen

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