Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
News for Outlets

Lanxess: Chinese market will play a significant and positive role in world economy

June 14, 2022


Abstract : "Despite uncertainties, we have great confidence in Lanxess's business in China over the long term, knowing that the Chinese market will play a positive and significant role in the global economy", said Qian Mingcheng, President of Lanxess Asia Pacific.


111.jpg

A worker works at a chemical fiber company in Zunhua, north China's Hebei Province, Jan. 1, 2022. (Photo by Liu Mancang/Xinhua)

BEIJING, June 14 (Xinhua) -- "Despite uncertainties, we have great confidence in Lanxess's business in China over the long term, knowing that the Chinese market will play a positive and significant role in the global economy", said Qian Mingcheng, President of Lanxess Asia Pacific.

Lanxess, a Gernman leading chemicals supplier, achieves the total sales of 7.6 billion euros in 2021. The company sees strong sales growth in Greater China area last year, which accounts for 10 percent of the group's total sales of the whole year.

At present, the company has 5 offices, 13 research and development and production bases with 1,200 employees in China.

In 2021, Lanxess APAC Application Development Center was officially opened to further strengthen its innovation capability in China and Asia-Pacific region and meet the growing market demand for localized products.

China is the world's largest market for chemical production and sales, which underpins global market and stabilizes industrial and supply chains around the world, Qian said.

(Edited by Tian Shenyoujia with Xinhua Silk Road, tianshenyoga0524@163.com)

Scan the QR code and push it to your mobile phone

Keyword: Lanxess chemical industry Chinese market

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial