Contrary to speculation about foreign firms retreating, German companies are deepening their commitment to the Chinese mainland, according to Oliver Oehms, executive director of the German Chamber of Commerce in North China. In an interview with CGTN's Michael Wang, Oehms emphasized that "nobody's leaving China—</span>we're here to stay," reflecting robust confidence in the region's economic resilience.
Oehms noted that German enterprises are "sparing no effort" to adapt to evolving market demands, with significant investments in innovation and localized operations. The chamber's outlook aligns with China's role as a critical hub for global supply chains and consumer growth, particularly in advanced manufacturing and green technologies.
The remarks come amid broader debates about diversification strategies, but Oehms stressed that German businesses prioritize long-term engagement. "Maintaining competitiveness here isn't optional—</span>it's strategic," he said, highlighting collaborations in automation and sustainability as key drivers.
Reference(s):
German commerce chamber: Nobody's leaving China, we're here to stay
cgtn.com