Wuhan becomes hub for French firms
In the past 15 years, the French company Electricfil, a manufacturer of automotive engine and powertrain sensors, has seen its business blossom in Wuhan, capital of Hubei province. The company also serves as a good example of China's cooperation with its home country.
Established in 2004, Electricfil Engine Components (Wuhan) Co was the first branch in China of the company founded in 1936. In the past five years, the Wuhan company has seen annual revenue growth of 20 percent, rarely matched by other company branches, said Li Cheng, the branch's general manager.
The Wuhan company initially made components for auto engines, and has now expanded to sensors, intelligent actuators, gearboxes and related equipment. It works to meet the demand of the Chinese market and is focusing on emissions reduction and helping automakers increase fuel efficiency, Li said.
