During the 25th China International Fair for Investment and Trade, Wang Runyi, Executive Vice President of the German company ZF, a global supplier of automotive components, stated that her colleagues at the company's headquarters in Germany believe that the Chinese market is irreplaceable and is considered a "fitness center" for their company.

Wang Runyi, Executive Vice President of the German company ZF: "Customers in the Chinese market are not conservative and are always willing to try new technologies. They are also willing to experiment with a trial-and-error approach. The Chinese market has a high degree of tolerance regarding the entire technological development environment. Our company headquarters has a motto: 'There is no substitute for the Chinese market.' Now, we have a new motto worldwide: 'China is our fitness center.' We need to build strength in China, creating capabilities that meet the demands of the current era. Only if we are competitive in China will we be competitive in Europe and North America."

CMG