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Interview: China's wider opening-up benefits all: EU chamber of commerce chief - Buz & Tech News

2021-04-20 09:20:54 GMT2021-04-20 17:20:54(Beijing Time) Xinhua English
by Xinhua writer Zhou Qianxian
BEIJING, April 20 (Xinhua) China s wider opening-up will benefit European Union (EU) companies as well as domestic customers, EU Chamber of Commerce in China President Joerg Wuttke told Xinhua.
There s a lot of potential in the Chinese market, in which competition will steer more innovation, he said, expressing the hope that China will take bigger steps in its opening-up.
China s gross domestic product hit 24.93 trillion yuan (about 3.83 trillion U.S. dollars) in the first quarter, up 18.3 percent year on year, recent data from the National Bureau of Statistics shows. ....

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China Rhyming » Blog Archive » RAS Beijing – 24/3/21 – Mar.24, BASF in China: the First 130 Years – Jörg Wuttke

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an RASBJ in-person talk by Jörg Wuttke, followed by QA
WHAT: “BASF in China: the First 130 Years”, an RASBJ in-person talk by Jörg Wuttke
WHEN: Wednesday March 24
WHERE: The German Embassy, 17 Dongzhimenwai Dajie.
In 1885, BASF established an organization in Shanghai to boost the sales of its products, especially aniline dyes. But this business model had to be adapted to the Chinese market; while French, British, North American and German textile processors needed large batches of BASF dyes, the users in agrarian China were more likely to buy in small volumes. Getting the merchandise from Ludwigshafen to low-volume consumers in remote and hard-to-reach places, was quite laborious. Yet, by 1913, China represented 14% of the global sales of BASF. ....

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