German engineering giant Bosch — the leading global supplier of technology and services in mobility, home, industry and trades — recently said it had invested over 60 billion yuan ($8.43 billion) in China over the past decade.
"Our investment shows our belief in the potential of the Chinese market," said Johannes Sommerhaeuse, regional president of Bosch Global Business Services Asia Pacific, during an interview at Bosch's China headquarters in Shanghai's Linkong Business Park.
Bosch moved its offices to the park in 2021, attracted by its convenient location in the Yangtze River Delta or YRD region.
The park is close to the Hongqiao transportation hub, offering easy access to downtown Shanghai, other cities in the YRD and international destinations.
Over the past 14 years, Bosch has grown significantly in China, opening 35 factories and 26 technology centers, with more than 80 percent of its operations and employees in China based in the YRD.
Recent projects in the region include a new energy and autonomous driving base in Suzhou, a commercial vehicle park in Wuxi and an expanded powertrain plant in Taicang, all located in Jiangsu province.
Adding to that, Bosch is focusing on developing key technologies like hydrogen fuel cells, smart cockpits, and advanced driver assistance systems in China.
By partnering up with local companies, Bosch is aiming to bring Chinese innovations to the global market. The group's latest driver assistance systems are being tested in Germany and France, with plans for production by early 2026.
