Germany’s Dekra Group plans to invest in a number of Chinese cities, such as Shanghai and Guangzhou, Guangdong province, to build bigger industrial parks and laboratories this year to sustain business growth, a senior executive said.
This decision has been driven by China’s surging export opportunities in sectors such as electric vehicles, household appliances, renewable energy and artificial intelligence-related products, coupled with the country’s efforts to attract multinational corporations to its trade in services industries.
In addition to intensifying investment in Shanghai and Guangzhou, the Stuttgart-based testing, inspection and certification (TIC) group…
