Mainland will focus on investing in Asian markets in the coming years

On October 10th, 2011, the reporter learned that Heinz-Gerhard Wente, member of the board of directors of Continental Group, Europe's second-largest component supplier, said that Continental Group will focus on investing in Asian markets in the next few years.

Wente said in an interview that the European market is still the largest market for the Continental Group, but due to the economic slowdown caused by the European debt crisis, it may have a negative impact on the Continental Group. Wente said that the mainland expects to achieve greater growth in the Asian market in the next few years, so it will invest heavily in Asian markets, especially India and China. However, he did not disclose the specific investment plan. Sales in the Asian market accounted for 21% of the Continental Group's global sales. The recovery of the global auto industry caused the mainland group to step out of the financial crisis. The mainland has achieved relatively high sales profits in the past three years.

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