Foreign auto brands seize growth opportunities in China
2025-03-31 14:45 Xinhua
“Our enduring partnership with FAW is a strong pillar of our success in China. Aligned with our 'In China, for China' strategy, we are further advancing FAW-VW's product portfolio covering all powertrains, with a strong focus on NEVs, to meet evolving customer needs,“ said Ralf Brandstaetter, chairman and CEO of Volkswagen Group China.
The steady development of the Chinese economy and China's continuous high-level opening-up are the biggest sources of confidence for foreign investment to boost their presence in China, Gao Yuning said.