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German Center Taicang to open in June

chinadaily.com.cn | Updated: May 24, 2016

The German Center Taicang, Jiangsu, will be inaugurated reported the Taicang Daily.

It is one of the projects undertaken since 1995 by the German government aimed at providing a springboard for small and medium-sized German companies to venture into international markets.

The new center is located in Dongting Mansion, with an area of 8,500 square meters in five floors.

The German Center chose Taicang as its location, despite the neighboring German Center in Shanghai, on the basis of the feedback of Taicang's over 80 German companies – Taicang is attractive, and the local government is friendly and experienced in dealing with them, said Xia Jian’an, CEO of the Shanghai center.

He added that the German Center Taicang will be a bridge helping both German businesses enter Chinese markets and Chinese enterprises to reach European markets.

Ma Tisi, managing director of the German Center Taicang, told reporters that non-first-tier cities will become the future of the Chinese market.

Currently, 12 German companies have decided to settle in the center. Most of them are engaged in service businesses like auditing and recruitment.