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German firm eyes China's opening up in Lin-gang Special Area

| Updated: 18, 2023 L M S

Lenze Drive Systems (Shanghai) Co Ltd, the second global headquarters of German engineering company Lenze, has been observing China's high-level opening up over the past decade.

Lenze Drive Systems (Shanghai) Co Ltd's presence in Lin-gang Special Area. [Photo/WeChat ID: lgqyfwj]

The group specializes in industrial automation and has been based in the Lin-gang Special Area of the China (Shanghai) Pilot Free Trade Zone for nearly 17 years.

As one of the pioneering foreign-funded enterprises in Lin-gang, Lenze Drive Systems (Shanghai) Co Ltd has a substantial clientele comprising leading domestic and international robotics and new energy battery companies.

The company has transformed from a production site into the group's second global headquarters, in addition to its main headquarters in Germany.

At the sixth China International Import Expo, the company signed on-site contracts worth 20 million yuan ($2.82 million) and established invaluable connections with potential customers in central and western cities across China.

Xie Weidong, president of Lenze Asia and general manager of Lenze China, recently emphasized the company's deep integration with the local innovation supply chain.

Xie Weidong, president of Lenze Asia and general manager of Lenze China. [Photo/WeChat ID: lgqyfwj]

Over the past 17 years since its establishment in Lin-gang, Lenze has gradually transitioned from being "in China for China" to "in China for the world."

Xie said that this transition has been driven by China's unwavering commitment to high-level openness, with a particular focus on system-based opening to the outside world.

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