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China is not only a manufacturing center but also an innovation engine - Interview with Stefan Hartmann, Chairman of Bosch Group Board of Directors

2025-04-03   

Today's China is not only a manufacturing center, but also a global innovation engine, "Stefan Hartmann, Chairman of the Board of Directors of Bosch Group in Germany, said in an interview with Xinhua News Agency at the Hanover Industrial Fair. In the wave of global industrial transformation, China is promoting intelligent manufacturing, digital transformation, and green technology innovation at an unprecedented speed, which will not only reshape the local industrial landscape, but also provide new impetus for global industrial transformation. On March 31st, Stefan Harten, Chairman of the Board of Directors of Bosch Group in Germany, was interviewed by Xinhua News Agency at the Hanover Industrial Fair. According to Ha Tong, China has shown strong development momentum in areas such as new energy vehicles, autonomous driving, and industrial intelligence. We have seen Chinese companies continuously breaking through in technological innovation, and the speed of industrial upgrading exceeds expectations. For companies like Bosch, the Chinese market is not only a sales growth point, but also an important driving force for technological research and industrial transformation. In 2024, Bosch's sales in China reached 142.8 billion yuan, while continuously increasing its investment in China. Ha Tong introduced that in 2024, Bosch will establish a new energy vehicle core component and autonomous driving R&D and manufacturing base in Suzhou. Its joint venture company, United Automotive Electronics Co., Ltd., will put into operation the third phase of the factory in Taicang. Bosch will also cooperate with local enterprises in Nanchang to build a production base for commercial vehicle electric drive systems. Through these key layouts, Bosch has not only accelerated the landing of technology in the Chinese market, but also further integrated with the local industrial chain. We firmly believe that localized innovation is the key to maintaining market competitiveness, "said Ha Tong. Bosch has established close cooperation with Chinese vehicle manufacturers, providing comprehensive solutions from intelligent driving, electrified powertrains to in car central computers. Many cutting-edge technologies were first developed and implemented in the Chinese market. These experiences not only help Bosch develop in China, but also assist Bosch in responding more quickly to global market demands. At this year's Hanover Industrial Fair, Bosch highlighted its hydrogen energy technology. Ha Tong stated that China has enormous potential in this field, not only as an important application market for hydrogen energy technology, but also as a key research and production center. Currently, global trade uncertainty is intensifying, posing new challenges to the manufacturing industry. Hatong stated that Bosch has always supported free and fair trade, and excessive trade barriers not only increase operational costs for businesses, but may also hinder global innovation cooperation. If tariffs continue to be imposed between countries, the global supply chain will become more complex, which may have a negative impact on the long-term development of the entire industry. Faced with the constantly changing trade environment, Bosch has established a complete production and research and development system in major global markets to ensure supply chain stability and market adaptability. Hatong emphasized that global collaboration is crucial for technological progress. In some key technological fields, cooperation between different markets can accelerate the implementation of innovative applications. If the global market is excessively fragmented, it may affect the speed of technology promotion and slow down the pace of global industrial upgrading. Looking ahead, Hatong believes that the biggest driving force for technological innovation comes from global cooperation, rather than the closed development of a single market. China's efforts in promoting technological innovation, industrial upgrading, and optimizing the business environment have brought more opportunities to global enterprises. We look forward to deepening cooperation with more local Chinese enterprises to jointly promote the development of intelligent manufacturing, new energy vehicles, and digital industries

Edit:Lin Bodan Responsible editor:Li Yi

Source:XinHuaNet

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