国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Business Focus

TüV Rheinland Looks Closer at China Market

By Wei Tian (chinadaily.com.cn) Updated: 2014-09-17 11:22

TÜV Rheinland Looks Closer at China Market

Lutz Frankholz, chief operating officer of TüV Rheinland Shanghai, China. [Provided to chinadaily.com.cn]

German testing and certification company TüV Rheinland is focusing more on China's domestic market as the world's second largest economy shifts away from an export-oriented growth mode.

Lutz Frankholz, chief operating officer of TüV Rheinland Shanghai, said domestic market now accounts for about 20 percent of the company's revenue in China, up from nearly zero two decades ago, and the share of the domestic part is expected to grow even larger in the years to come.

TüV Rheinland has achieved total revenue of $1.78 billion China in 2013. The company currently has 25 branches in Chinese mainland, Taiwan and Hong Kong, and 69 laboratories nationwide.

The larger domestic share is in line with a weakening foreign trade growth faced by the country. Frankholz said TüV Rheinland used to be heavily dependent China's outbound products, but this strategy is changing in the wake of a transformation of Chinese economy.

On the other hand, China's domestic demand remains robust, as social consumption maintains a double-digit growth.

"China's domestic Product certification market used to be closed to foreign testing companies, but now we're seeing positive changes," said Frankholz.

Premier Li Keqiang said in a meeting earlier that the country will encourage outsourcing of testing and certification businesses, which suggests huge potential for private and foreign companies in the sector.

As government shows its determination and in opening the domestic market, TüV Rheinland is also actively taking part in some government procurement program, and has secured the first several projects with some local authorities in East China.

By the end of 2013, there are more than 28,000 testing organizations in the country, among which government-owned institutions accounts for more than half.

As China gradually opens the testing and certification market, Frankholz said there will be greater potential for cooperating with domestic counterparts.

China has become a pillar market in TüV Rheinland's global strategy. While maintaining our leading position in export certification market, we will carefully select domestic partners, and steadily explore the domestic market, he said.

In the meantime, although exports remain a dominating share in TüV Rheinland's China business, there has been a change in the structure as well.

"China's export used to be mainly consumer products such as textile, but that part is under pressure, since some production facilities move to other countries." Frankholz said. "As Chinas products climbs up the value chain, testing and certification is growing for higher-value added products such as medical apparatuses, or international approval for systems used in transportation and in industrial manufacturing," he said.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
武威市| 鞍山市| 中江县| 陇川县| 太白县| 陇川县| 赤水市| 清远市| 常德市| 深圳市| 太和县| 富阳市| 汉沽区| 青神县| 绥芬河市| 宜兴市| 靖州| 简阳市| 衢州市| 岢岚县| 贵阳市| 金湖县| 仁寿县| 和林格尔县| 新安县| 喀喇沁旗| 尼木县| 永吉县| 梁平县| 绥中县| 昌都县| 盖州市| 北海市| 买车| 定南县| 萨迦县| 万全县| 烟台市| 安宁市| 涿鹿县| 乾安县|