Companies go on the hunt for international partners

Strategic cooperation seen as key factor for groups to achieve better growth

Companies in the Weifang Hi-tech Industrial Development Zone are looking for international partners in order to strengthen their long-term development, and officials and business leaders there said they were making good progress.

Chinese equipment manufacturer Weichai Group, headquartered in the zone and currently in a key phase of its business upgrade and transformation, hosted the first suppliers gathering there since it was established, aiming to deepening cooperation with companies overseas.