STORY: We plan to step up investment in China: CEO and CFO of Brose Group
SHOOTING TIME: Aug. 22, 2024
DATELINE: Aug. 28, 2024
LENGTH: 00:01:14
LOCATION: SHANGHAI, China
CATEGORY: ECONOMY

SHOTLIST:
1. various of the factory of Brose Group
2. SOUNDBITE (English): PHILIPP SCHRAMM, CEO and CFO of Brose Group

STORYLINE:

Philipp Schramm, CEO and CFO of Brose Group, said in an interview with Xinhua that the company plans to step up investment in China to embrace more opportunities the Chinese market has to offer.  

Brose Group is an automotive parts manufacturing company based in Germany. 

SOUNDBITE (English): PHILIPP SCHRAMM, CEO and CFO of Brose Group
"The (new) quality (productive) forces are something which is changing how we approach the market in a different way. It means that we also expand our capabilities in China, which we have done already in the past. It will bring technology to China, but also technology from China to the world.
The support of your country, this new change and opening-up for foreign investments is the next step. This is something which we embrace. This is something which we encourage. And this is something which helps us. Brose is ready to step up in regard to invest(ment). It's also ready to invest in technology, in the associates in China. And this is something which brings new technology to China and to the world."

Xinhua News Agency correspondents reporting from Shanghai, China.
(XHTV)