Multinational companies are still optimistic about the development prospects of the Chinese market

Recently, BASF Care Chemicals (Shanghai) Co.
, Ltd.
, a Fortune 500 company with a total investment of about 280 million yuan, has signed a cloud contract for the technological transformation project of high-end skin care and beauty products; BASF Integrated Base (Guangdong) Co.
, Ltd.
with a total investment of 55.
362 billion yuan The integration project also passed the EIA.
.
.
Although the sudden epidemic in Shanghai has affected the operations of foreign-funded enterprises, foreign-funded enterprises still have firm confidence in the prospects of China's economy
.

Ding Hongyu, senior vice president of 3M Global and President of China, said that 3M is confident in its long-term development in the Chinese market
.
China's advantages in the industrial chain still exist, and a booming middle-class consumer market is still growing
.
After 38 years of continuous investment in China, China has become an important strategic market for 3M's global business development
.
In the future, they will continue to invest and develop the Chinese market and grow together with the Chinese market
.

Heraeus is a German company with a century-old history.
The company focuses on semiconductor, environmental protection and other fields, providing one-stop service for precious metals and a variety of industrial materials
.
Today, it has more than 20 companies and nearly 2,700 employees in China
.
"As China continues to expand the breadth and depth of market opening, improve the business environment, improve laws and regulations, and implement national treatment for foreign-funded enterprises, we hope to bring more international advanced technologies to China
.
We will simultaneously develop the total amount of money in many places in China.
We will deepen cooperation with Chinese customers and go hand in hand with an investment project of up to US$200 million,
" said Ai Zhouping, President of Heraeus Greater China
.

The two manufacturing companies under Huntsman, which has always been rooted in China, are among the first batch of "whitelists" for resumption of production in Shanghai.
Huntsman's Asia-Pacific headquarters and Asia-Pacific R&D center are also located in Shanghai
.
Pan Lumin, president of the Asia Pacific region of Huntsman Group's polyurethane business unit, said that its Minhang plant has resumed production recently, and its production capacity is gradually recovering
.
At the same time, since the Minhang factory is a raw material supplier at an important node in the automotive industry supply chain, they are also expediting processing of urgent orders from customers in the automotive industry, and the overall situation of resumption of work and production is improving
.
In the next step, they will launch more innovative polyurethane solutions based on circular economy in China to empower the industrial upgrading of downstream industries such as automobiles and thermal insulation building materials in China
.

"Bayer is rooted in China and has made a lot of local investments.
Currently, there are 6 production bases and 2 R&D centers
in China.
China's efforts have been fruitful and strengthened the confidence of multinational companies in China, including Bayer
.
" Chief Bayer Greater China Financial Officer Ulrich Stefer said that in 2022, the company will increase local investment and cooperation, seize the opportunities brought by China's expansion of opening up, and jointly write a wonderful future with China
.

As China further expands its opening up, DSM and other foreign-funded enterprises will have a broader space for development
.
Zhou Tao, President of DSM China, said: "DSM will start from the needs of the Chinese market, take root, and give back to the Chinese society with high-quality products and innovative solutions to help achieve the goal of 'two carbons'
.
"