More foreign companies are increasing their investment in the gigantic market of the world's second-largest economy with optimism about the Chinese economic outlook on the rise.
In January, German luxury carmaker Audi AG launched pre-mass production at its first production base for purely electric vehicles in China.
In March, a Mercedes-Benz and BMW joint venture was established in Beijing, with plans to build at least 1,000 supercharging stations and around 7,000 high-power charging piles by 2026.
Also in March, German optical systems and optoelectronics manufacturer Zeiss' largest Quality Centre of Excellence in China opened in Dongguan city, South China's Guangdong province.
The newly-unveiled Flash Survey by the German Chamber of Commerce in China showed that foreign companies in China are more optimistic about China's economic prospects than they were last year.
Among 186 German companies surveyed, 84 percent expected the Chinese economy to improve or maintain its performance in the next six months. More than half of the surveyed enterprises planed to increase investment in China in the next two years, and 27 percent anticipated to maintain the scale of investment.
