2024.02.26 16:32 GMT+8

German pump provider opens new plant in Changzhou, expects more growth in domestic market

Updated 2024.02.26 16:32 GMT+8
CGTN

Foreign manufacturing companies are increasing their presence in the Chinese construction sector, taking advantage of new opportunities. Wilo Group, a renowned German manufacturer of pump systems, has recently opened a new facility in east China's Changzhou City. Significant sales and growth in key areas have followed. With the growing importance and potential of the Chinese market, the group has further invested in research and development to increase its product portfolio in China as part of the company's 2025 strategy. By investing in the new factory, Lyman Tu, vice president of Wilo Group, told CGTN the group wants to write another successful chapter in its China story.

Copyright © 

RELATED STORIES