China Opportunities | Chinese market open, stable to support foreign investment: Grundfos
Danish international pump manufacturer Grundfos has shown steadfast commitment through ongoing factory openings and increased R&D investment, while expressing high expectations for the Chinese market. Niels Fielsøe Petersen, senior business development director at Grundfos, embodies the company's dedication to pioneering solutions that are propelling China toward a net-zero future. In his video interview with the People's Daily, he shares his insights on the Chinese market from an industrial perspective.
Founded in 1945, Grundfos is one of the world's leading pump and water solutions companies. With sales of 4.6 billion euros in 2023, Grundfos employs around 20,000 people in more than 60 countries and regions and produces more than 15 million units annually. Since entering China's market in 1995, Grundfos has set up offices in 18 cities in China, two production plants and one R&D center, creating more than 1,800 jobs. (Produced by Li Zhuoman, Han Xiaomeng, Shan Xin, Song Ziyu, and Wang Ziyi. Liang Peiyu and Di Jingyuan also contributed to this production.)