German company increases investment in Chinese market

In 2015, Scherdel, a German-based worldwide leader in the field of technical springs, opened its manufacturing base in Huzhou, East China's Zhejiang province.

Three years on, the company has made two additional investments in Huzhou within a short period. According to the development plan of the company, the floor area of its Huzhou base is expected to double to 12,000 square meters by 2019.

"It is obvious that we have placed a great emphasis on the Chinese market. We have 42 manufacturing bases in 11 countries around the world, but it's not common to see so many additional heavy investments within a short run," said Saskia Metz, general manager of Scherdel in Huzhou.