Since the beginning of this year, the pace of foreign-invested enterprises setting up R & D centers in China has accelerated significantly, which has also become a new trend in foreign investment in the China market. China has transformed from being a world factory to paying equal attention to R & D and manufacturing. More and more multinational companies are increasing investment in R & D in China and accelerating the development and implementation of new technologies and new products.

Recently, the German Bosch Group and Suzhou Industrial Park signed an agreement to invest 10 billion yuan in five years to build innovative projects in the intelligent driving control industry. The new project will help the automotive industry to intelligently upgrade and export technological achievements to the global market by developing and producing advanced full-stack intelligent driving system solutions and smart cabin software related products.

Bosch Intelligent Travel Group China Region Executive Vice President of Business:If we want to remain competitive in the global market, we must also remain competitive in China. Our smart cockpit platform currently has more than 100 projects in mass production or R&D stage, and has also established a close cooperative relationship with some leading Chinese automobile manufacturers. These are the directions we are working on.

In the 26 years since Bosch settled in Suzhou, it has developed from the early production of single technology products such as braking systems to seven business divisions, covering important innovation centers in cutting-edge technology fields such as intelligent driving and control and industrial Internet. "Investing 10 billion yuan within five years" is another strategic decision made by enterprises to be firmly optimistic about China in the future.

Bosch Intelligent Travel Group China Region Executive Vice President of Business:More and more solutions are independently developed locally and first applied in China. For example, our smart cockpit platform and Urban area driving assistance solutions. Suzhou and even China are not only important manufacturing centers, but also gradually become key innovation bases.

Focusing on research and development in China, serving the global market, is becoming the consensus for multinational enterprises to invest in China. Roche Diagnosis from Switzerland announced that it will invest 3,8 million Swiss francs in China to build a brand new reactor and instrument equipment production and development base, which is Roche Diagnosis¡¯ largest single investment project in China.

Lan Kairui, General Manager of Roche Diagnostics Asia Pacific Production Base and R&D Center:We will continue to expand our product pipeline in China by continuously investing in local innovation, improving the industrial chain and building infrastructure.

The Ministry of Commerce, the Ministry of Science and Technology, etc. have issued policies to further encourage foreign investment to set up R & D centers in China, support scientific and technological innovation, improve R & D convenience, encourage the introduction of overseas talents, and improve the level of intellectual property protection, providing a good policy environment for the development of foreign R & D centers. So far, in Suzhou, Jiangsu alone, there have been 317 recognized foreign-funded R & D centers. The Suzhou Commerce Department implements "one enterprise, one policy" for foreign-invested projects, provides precise services, and guides a number of foreign-invested enterprises to transform into "manufacturing + R & D + services + headquarters". In the first eight months of this year, Suzhou actually utilized US$5.208 billion in foreign investment, a year-on-year increase of 4.8%.

Gu Xi, Director of Foreign Investment Division of Suzhou Municipal Bureau of Commerce:We will develop long chain, complementary chain, strong chain, help them to invest in better industries, export the innovative results of our China's application scenario, and share the results of China's development with their partners in other regions of the world.

China¡¯s international giant has increased its earnings 10 times in 20 years

Danfoss is an international industrial giant focused on electrification, digitization and smart manufacturing. Danfoss recently opened its global manufacturing base in Zhejiang, Zhejiang, with its new investment in China, which is also the 10th increase in local investment by the largest Danish industrial group in the last 20 years.

The total investment of 2.7 billion yuan in the first phase of the Danfoss Sea Salt Park, located in Zhejiang, has deeply integrated innovative technology and smart operations, introduced more advanced energy-saving technologies, products and solutions, according to the president and chief executive of the Danfoss Group, the Danfoss Sea Salt Park will become a new set of research and development, testing, production, and display as a future factory and zero-carbon industrial park.

Danfoss Group President and Chief Executive Officer:China has always been our "second home market." Currently, China is vigorously promoting green transformation and high-quality development. Therefore, we choose to invest here to bring the innovation, speed and sustainable solutions needed to achieve mutual benefit and win-win results.

From the initial 800-page conceptual design outline including 14 major items such as civil engineering, architectural design and electrical engineering, to the landing acceptance of the first phase of the second park project, Danfoss has put forward detailed requirements for every building material and every piece of equipment, which puts forward higher requirements for Haiyan County, the agent builder of the factory.

Shen Wenhua, Director of Village and Town Construction Office of Wanghai Street, Haiyan County:We formed a strong team, similar to the overall operation, with a weekly video connection first, and then increased to two times a week with a "permanent team + video connection" to solve a number of professional issues.

The more deeply we understand China, the more firmly we believe in China. In 2005, Danfoss first entered Haiti in the form of a merger of local enterprises, and in only three months the factory transformation and related approval was completed. It was the stable investment environment and efficient professional service that allowed Danfoss Group to continue to rooted in China over the past 20 years, achieving the "10 series of investments".

Cao Weiyi, Director of Haiyan County Commerce Bureau:In terms of green power procurement, we assisted Danfoss in signing agreements with green power supply companies. Building the second park will leave planning space for the enterprise in the next 20 years.

Danfoss Group President and Chief Executive Officer:In the construction of this new park, the government provided all-weather and all-round services, which impressed us deeply. Next, we plan to continue investing, and maybe new investment projects will land soon.

The rapid growth of Guangxi Free Trade Pilot Zone

In the first eight months of this year, the actual use of foreign investment in the Guangxi Pilot Free Trade Zone was 2.24 billion yuan, a year-on-year increase of 270.3%, and the growth rate of investment introduction ranked among the top in the national Pilot Free Trade Zone. As a free trade pilot zone that connects both the coast and the border, and connects the Greater Bay Area and ASEAN, how to turn its location advantages into investment promotion? Let's take a look at the reporter's report.

In Guangxi Free Trade Pilot Zone, Chingzhou Port Zone, this foreign-owned enterprise in the field of new energy manufacturing, Guangxi's area and industrial chain advantages, after investing more than $ 300 million in the construction of battery-grade lithium hydrogen oxide projects, this year continued to increase investment, this investment is focused on upgrading the expansion production line.

General Manager of Guangzhou Lithium Industry Limited:In order to meet the production and operation needs of the company, we recently increased our registered capital by US$160 million for technological transformation. Currently, we are implementing a technical transformation project of flexible conversion capabilities for lithium hydroxide and lithium carbonate production as planned. The first phase is scheduled to be completed and tested by the end of 2025.

Not long ago, Guangxi introduced an action plan to stabilize foreign investment, which focused on encouraging foreign investment to invest in advantageous industries such as new energy vehicles. To this end, Guangxi Pilot Free Trade Zone gives full play to the advantages of open platform, innovates and opens up investment channels, focuses on "whole-process" services, establishes fast service channels for major projects, and focuses on solving problems such as factor guarantee.

Wang Xinhua, full-time deputy director of the China (Guangxi) Free Trade Pilot Zone Work Office:Regularly hold round-table meetings for foreign-funded enterprises, establish a service specialist mechanism for major projects, and help enterprises solve problems in time. In the next step, we will comprehensively benchmark international high-standard economic and trade rules, take advantage of our ASEAN-oriented advantages, boldly explore in the fields of artificial intelligence, digital economy, service trade, etc., and promote high-quality investment through institutional openness.