Yesterday, the “French Automotive Industry Delegation†consisting of 8 French auto parts companies negotiated with more than 20 related companies in Wuhan to seek suitable suppliers, agents and investment projects.
The delegation was organized by the Chamber of Commerce and Industry of Lyon, France. The eight company's products are related to automotive precision parts, injection molding systems, movable frames, and statistical software. This is also the first time that SMEs in the Lyon region are looking for business opportunities in Wuhan. Barbert, CEO of ARVE, who is engaged in software design, said that he had never known China and Wuhan before, so he was taking a wait-and-see attitude toward entering China and Wuhan. This is also the idea of ​​many French SMEs. After three days of visits to Dongxihu and Zhuankou, I feel that Wuhan has a good investment environment and the timing for this investment is ripe. The ARVE company decided to set up a representative office in China and set up a branch company.
According to reports, French companies currently invest more than US$2 billion in E, accounting for 42% of China’s total investment. Most of them are invested by large companies such as Citroen and Peugeot, and a small number of SMEs are also directly subordinated suppliers of these two companies.
Lyon Nichols, Asia Pacific regional manager of Lyon Chamber of Commerce and Industry in France, said that French SMEs would like to enter the Chinese market, the premise is to find a suitable market and stable customers.
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