Shanghai holds roundtable for German enterprises

en.sww.sh.gov.cn | Updated:Jun 13, 2022

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An online meeting takes place between the Shanghai government and German companies with business operations in the city. [Photo/WeChat account: scofcom]

Shanghai's seventh government-enterprise roundtable meeting – for German companies – convened online in East China's Shanghai on June 9, and was chaired by Vice-Mayor Zong Ming.

The meeting aimed to effectively resolve challenges faced by businesses that are in the process of resuming work and production after implementing COVID-19 epidemic prevention and control measures.

It also sought to increase enterprises' faith in the city, encouraging them to invest and actively participate in its development.

During the meeting, Gu Jun, director of the Shanghai Municipal Commission of Commerce, gave a briefing on the city's policies for accelerating the recovery and revitalization of its economy.

Senior executives from the AHK Greater China and six German groups – Covestro, Bosch, Schaeffler, Boehringer-Ingelheim, BASF and Wurth – participated in the online discussions.

Zong Ming said that Germany is the leading European country in terms of being exporter and investing in China, and China has been Germany's largest trading partner in the world for six consecutive years.

German-funded enterprises have become an important force in Shanghai's urban development, Zong added.

Zong said that Shanghai was making every effort to bring production and life back to normal. She hopes German groups will retain their confidence and take a proactive role in the city's economic revitalization.

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