German company seeking business expansion in China
Fifteen years ago, the world's leading manufacturer of enameled copper wire Elektrisola launched its first production line in Hangzhou, capital of East China's Zhejiang province.
Due to the brisk domestic demand, mature supporting facilities, high-quality workers and friendly business environment, Elektrisola has been deeply rooted in the city after years of development and has decided to further expand its business in China by investing $25.5 million to extend its factory which will come into service at the end of 2019.
As early as in 2003 when Elektrisola turned to the Chinese market, the German company inspected over 50 sites around the country. Finally, it chose Pingyao town of Yuhang district, Hangzhou to accommodate the production base.
