Summary: European multinational companies are full of confidence in the Chinese market

Xinhua News Agency, Frankfurt, August 9th: European multinational companies are full of confidence in the Chinese market

Xinhua News Agency reporter He Lili Zhu Sheng

A number of European multinational companies have recently released the financial report in the first half of this year this year. In the context of factors such as repeated crown epidemic, supply chain interruption, and rising energy prices, these multinational companies have achieved revenue growth in the first half of the year. The performance in the Chinese market is particularly outstanding. This continues to expand its investment in the Chinese market.

China's market performance is good

In the first half of this year, European auto manufacturers' sales in the Chinese market are outstanding. Volkswagen Group said that China is its second largest and fastest growing pure electric vehicle market. In the first half of the year, Volkswagen delivered 63,500 pure electric vehicles to Chinese customers, more than three times that of 2021. In addition, BMW's sales in China in the last half of the year increased by 74.8%year -on -year. Mercedes-Benz's financial report shows that the company's global delivery of passenger vehicles in the first half of the year was 985,200, of which a total of 355,800 units were delivered in the Chinese market. The German automotive technology supplier Tou's financial report shows that the company achieved 4.05 billion euros in the Asia -Pacific region led in China in the first half of the year, which performed strongly in profit and free cash flow.

The German chemical giant BASF achieved a turnover of 6.17 billion euros in Greater China in the first half of the year, an increase of 11.5%year -on -year.

In terms of consumer goods, British Fast Corporation said that the growth of the Chinese market has strongly promoted the growth of some disinfection products, and vitamins, minerals, and supplements have also performed well in the Chinese market.

French beauty giant L'Oreal L'Oreal's emerging market sales in the first half of the year are particularly strong, and the North Asian market in China has increased by 10.5%year -on -year.

According to French food company Denone's financial report, sales revenue achieved 13.3 billion euros in the first half of the year, an increase of 7.4%year -on -year. In the second quarter, the Chinese market's infant formula milk powder business achieved medium and high -digit growth.

Continuously invest in the Chinese market

While China's huge consumption capacity, comprehensive manufacturing cluster, and reasonable resource factor allocation, while helping European multinational companies to achieve performance growth, it has also enhanced its confidence in investment in the Chinese market. force.

Ke Haozhe, director of ZF Group, said: "The Group's fourth R & D center in China -Guangzhou Technology Center broke the soil this spring. In addition, we also launched a number of key projects in various fields in the first half of the year."

In July this year, the BASF Group made investment decisions to comprehensively promote its integrated base project located in Zhanjiang City, Guangdong Province. The project is steadily promoting on schedule. By 2030, the investment will reach 10 billion euros. The Group predicts that by 2030, two -thirds of global chemical production will come from China.

Standard Chartered Group said that China's business revenue in the first half of this year is the best performance of the same period, and China will provide important strategic opportunities for Standard Chartered in the next few years. Standard Chartered will seize the opportunity and continue to invest in the Chinese market.

German large discounted retailer Ao Lezi said in July that he was considering further expanding its business in China and plans to open at least 100 new stores. Roman Racthiger, Managing Director of Olezi China, said: "China is now one of the most attractive markets." Personalized services, digital marketing, diversified channels and fast delivery provided by the online market in China Wait for him to impress him.

(He Lili Zhu Sheng)

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