CCTV News: It is not only foreign-funded enterprises in Taicang, Jiangsu that have increased their investment in China and taken root in China. China's technological innovation capabilities in artificial intelligence, 5G, new energy and other fields are attracting foreign-invested companies to expand their R&D investment in China.
The German BMW Group, which has been deeply involved in China for more than 30 years, recently jointly announced the deepening of strategic cooperation in China, focusing on cutting-edge technology fields such as AI big models and intelligent voice interaction, and providing a smarter and more convenient driving experience.
Technical innovation has become the core driving force for foreign-funded enterprises to deepen their cultivation in the Chinese market. In Wuhan, Hubei, Valeo, a company from France, has built the world's highest intelligent car light production line, with a daily production capacity of more than 1,400 sets.
Through three expansions and increase production in China, Valeo has now settled its global software technology center and the world's largest R&D center in China. Valeo is currently expanding from the research and development of a single automotive lighting product to autonomous driving, automobile interconnection and other fields, fully realizing localized design and manufacturing of high-end technologies, and the R&D results are also sold back to the European and American business departments.
