"China is an Important Source of Innovation" (Witnessing China's Opportunities) Economy | Automotive Industry | Opportunities

Release time:Apr 14, 2024 02:47 AM

"China's continuous expansion of opening up to the outside world has provided good opportunities for foreign-funded enterprises to develop in China, and the automotive industry is a good example." Gao Le, President and CEO of BMW Group in Greater China, recently stated in an interview with our reporter that China's adherence to opening up has promoted the development and growth of the automotive industry and cultivated a strong supply chain system. BMW Group will continue to increase technological innovation and actively integrate into China's high-quality development.

Gaole stated that as China continues to optimize its business environment and relax foreign market access, the attractiveness of the Chinese market continues to increase, bringing important opportunities for many multinational enterprises, including BMW Group, to expand their business in China. He introduced that since 2010, BMW's Shenyang production base has received a cumulative investment of nearly 100 billion yuan; The contract of the joint venture BMW Brilliance has been extended until 2040; In May of this year, BMW's sixth generation power battery project fully started construction, with a total investment of 10 billion yuan... A series of measures fully reflect BMW's determination to deeply cultivate the Chinese market.

China's high-quality development has enhanced the level of international cooperation and attracted various business entities, including multinational corporations, to participate. Gao Le said, "China's continuous expansion of opening up to the outside world has brought about mutual benefit and win-win results. This not only helps cultivate a strong market, but also helps promote high-quality economic development. BMW Group is committed to achieving mutual creation and win-win with local partners in the process of participating in high-quality development in China." Currently, BMW Group has more than 460 local suppliers in China. On the one hand, BMW Group actively supports the development of local industrial clusters in Shenyang, promotes employment, and promotes technological innovation through technological cooperation; On the other hand, fully leveraging China's development advantages in electrification, digitization and other fields, promoting technological innovation and high-end intelligent manufacturing, and achieving continuous development of the group. BMW Group has established the largest R&D and digital system outside of Germany in China, including four innovation bases in Beijing, Shanghai, Shenyang, and Nanjing. In the past three years, the number of BMW Group's R&D team in China has tripled. Currently, there are over 3200 designers, engineers, new energy vehicles, and software experts working closely together to create cutting-edge innovative technologies, all of which reflect our high-quality development in innovation.

Gao Le stated that sustainable development and green economy are becoming increasingly important and bring more opportunities. Circular economy is one of the areas for cooperation and win-win outcomes between Germany and China. The first BMW China Sustainable Development Report recently released by BMW Group shows that in 2022, the water resource consumption per domestically produced model of BMW Brilliance China was 1.77 cubic meters, a decrease for five consecutive years; Through cooperation with Chinese partners, we have achieved closed-loop recycling of retired domestic power battery raw materials for the first time; BMW Shenyang Production Base has been rated as a national level green demonstration factory in China for six consecutive years... Gao Le stated that BMW Group will integrate sustainable concepts throughout the entire product lifecycle, and through the concept of circular design, innovative materials and technology empowerment, significantly increase the proportion of renewable and recyclable materials used in new products, with a focus on reducing carbon emissions throughout the product lifecycle.

"The growth of the Chinese automotive industry reflects the process of China's economic transformation. The Chinese market is no longer just a sales market, but also a pioneer market for innovation." Gao Le said that China has become the world's largest new energy vehicle market, leading the world in battery manufacturing, electric vehicle components, and other aspects. In recent years, the cooperation between Germany and China in the automotive industry has been good, and the cooperation between the two countries' enterprises in the field of new energy vehicles has continued to deepen. BMW Group will offer 11 pure electric products in the Chinese market this year, and it is expected that at least 50% of BMW Group's sales will come from pure electric models by 2030.

"In the past 30 years, BMW Group has adhered to the 'home in China' strategy, grown together with the Chinese market, and made positive contributions to deepening cooperation between Germany and China." Gao Le said that the Shenyang production base has become the largest production base of BMW Group in the world. "For BMW Group, China is an important source of innovation. We will fully leverage China's leading position in innovation, continuously promote technological innovation, and truly achieve 'in China, for China, for the world'."

Two women were stabbed to death and reported to have committed a crime 4 days before the follow-up visit for schizophrenia. Suspect of a bloody murder case in a Hong Kong shopping mall appeared in court today. Male | Last Friday | Murder case
Two women were stabbed to death and reported to have committed a crime 4 days before the follow-up visit for schizophrenia. Suspect of a bloody murder case in a Hong Kong shopping mall appeared in court today. Male | Last Friday | Murder case

According to Hong Kong's Wen Wei Po, a bloody knife stabbing case occurred at Hollywood Square in Diamond Hill last Friday. The police arrested a 39 year old man on suspicion of stabbing two young women, one of whom was stabbed over 30 times. The suspect appeared in the Kwun Tong Magistrates Court this morning. The police at the Kwun Tong Magistrate's Court temporarily charged the suspect with two counts of murder last Sunday. The suspect appeared in court this morning at the Kwun Tong Magistrate's Court. Acting Chief Magistrate Zheng Jihang, after listening to the opinions of both the prosecution and defense, decided to postpone the hearing for two weeks until 9:30 am on June 19th, waiting for two psychiatric expert reports to be obtained. The defense did not object. Zheng Jihang approved the application, and the defendant needs to be temporarily detained at Xiaolan Mental Hospital. When the suspect appeared in court, he wore black framed glasses, a light gray shirt, and camouflage green shorts, and was able to answer the judge's questions normally. accordingly

Secretary of the Provincial Party Committee: The focus of Henan's "summer harvest" has shifted to agricultural machinery in the northern region of Henan Province. | Support | Science | Organization | Province | Northern Henan | Summer Harvest | Rush Harvest
Secretary of the Provincial Party Committee: The focus of Henan's "summer harvest" has shifted to agricultural machinery in the northern region of Henan Province. | Support | Science | Organization | Province | Northern Henan | Summer Harvest | Rush Harvest

Currently, the highly anticipated summer harvest work in Henan has shifted its focus to the northern region of Henan. According to the Henan Daily client, on June 4th, Lou Yangsheng, Secretary of the Henan Provincial Party Committee, presided over a special video scheduling meeting on the "Three Summers" work in the province, listened to the situation report, analyzed and judged the situation, and arranged and deployed the next steps of work. Governor Wang Kai made specific arrangements. On the evening of May 31, 2023, in Xiafutou Village, Xuliang Town, Boai County, Jiaozuo, Henan Province, villagers braved light rain in the wheat fields to harvest wheat. Visual China Map Lou Yangsheng pointed out that the current summer harvest battle in the province has entered the decisive stage. Doing a good job in summer harvest in northern Henan Province is related to the summer grain yield and seed safety. We should focus on seizing opportunities and make every effort to organize the wheat harvesting work in the northern Henan region, minimize losses, and protect the interests of farmers to the greatest extent possible. Accurate forecasting is essential

Xinhua All Media+| Welcome home! What innovative technologies are protecting the return journey of Shenzhou 15? Spaceship | Shenzhou | Technology
Xinhua All Media+| Welcome home! What innovative technologies are protecting the return journey of Shenzhou 15? Spaceship | Shenzhou | Technology

On June 4th, the return capsule of the Shenzhou-15 manned spacecraft successfully landed at the Dongfeng landing site. Astronauts Fei Junlong, Deng Qingming, and Zhang Lu all safely and smoothly exited the spacecraft, and the Shenzhou-15 manned flight mission was a complete success. What innovative technologies are there to safeguard the return journey of Shenzhou 15 in this mission? On June 4th, the return capsule of the Shenzhou-15 manned spacecraft successfully landed at the Dongfeng landing site. Xinhua News Agency reporter Lian Zhen photographed that "the sky and the ground" ensure the high-precision return of spacecraft. For the Shenzhou series spacecraft, the return and re-entry GNC technology is directly related to the life safety of astronauts. Taking the success of this return mission as a symbol, China has comprehensively upgraded its GNC system since the Shenzhou-12 manned spacecraft, which features autonomous rapid rendezvous and docking, autonomous adaptive prediction and re-entry return guidance, and has completed a comprehensive update and replacement

The Chinese naval fleet has arrived! Assembly | Navy | Chinese Fleet
The Chinese naval fleet has arrived! Assembly | Navy | Chinese Fleet

At noon today, a Chinese naval fleet consisting of Zhanjiang and Xuchang ships arrived at the assembly area of the "Comodo-2023" multinational maritime joint exercise. It is understood that the assembly anchorage for this exercise is 3 nautical miles long and 1.5 nautical miles wide, capable of anchoring up to 50 ships. Naval vessels from various countries participating in the exercise will also arrive at the anchorage today to complete the assembly of the "Komodo 2023" multinational maritime joint exercise, which is held every two years by the Indonesian Navy. This year is already the fourth edition of the exercise. The exercise will be held from June 5th to 8th in the city of Jakarta, South Sulawesi Province, Indonesia, including the port and sea phases. In the coming days, participating navies from various countries will participate in ship reading style search and rescue exercises, maritime interception and damage management exercises, aerial exercises, and other course objectives exercises

New comment: Donkey like "morale" limit pulls US debt "bomb" fuse hard to dismantle US | debt | morale
New comment: Donkey like "morale" limit pulls US debt "bomb" fuse hard to dismantle US | debt | morale

On the evening of June 1st, the US Senate passed a bill on the federal government's debt ceiling and budget, and the flame of the US debt bomb was temporarily extinguished at the last moment. The two parties in the United States have staged an extreme tug of war over the US debt bomb. Some experts believe that the US debt crisis is the result of the reckless politics promoted by the US dollar hegemony, and the underlying cause of this crisis is the highly polarized political system of the US. Since the end of World War II, the US Congress has adjusted the debt ceiling more than a hundred times. The recurring debt crisis will not only have a catastrophic impact on the US economy and people's livelihoods, but also continuously erode the value of US dollar assets such as government credit and US bonds, bringing significant and far-reaching impacts to the global economic landscape. 【