German Chancellor Friedrich Merz has arrived in Beijing for an official visit to China. It's Merz's first trip to the country since taking office. During the past few years, German companies have been doubling down on investment in China. Marc Wiese, the Commercial General Manager of Waelzholz New Material in Taicang city, Jiansu Province shares his insights with CGTN on why Taicang has become a premier hub for German businesses, earning a reputation as the "Hometown of German Companies". He also explains the key factors driving German firms to expand their investments in China despite global uncertainties.
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