Basf(US:BASFY) Huan Qiu Wang·2025-11-13 01:37Core Viewpoint - BASF's CEO emphasizes the critical importance of investing in China for the company's future growth, highlighting China's status as the largest chemical market globally and a key manufacturing powerhouse [1][3]. Group 1: Investment Strategy - BASF is constructing a comprehensive chemical park in southern China, indicating a strategic move to tap into the growth potential of the Chinese market [3]. - The CEO asserts that to be a growth-oriented chemical company, it is essential to seek development opportunities in China [3]. Group 2: Political Context - The CEO notes that the German government has not yet sent strong positive signals towards China, advocating for improved working relations between Germany and China [3]. - A Chinese Foreign Ministry spokesperson highlighted that an increasing number of foreign enterprises are investing in China, reflecting confidence in China's stable high-quality development and commitment to opening up [3]. Group 3: Policy Environment - China is advancing institutional openness and has introduced the "2025 Action Plan for Stabilizing Foreign Investment," which includes revisions to encourage foreign investment in high-end manufacturing and digital economy sectors [3]. - The spokesperson also welcomed more foreign companies to establish a presence in China, aiming for mutual benefits in the context of new productive forces and technological innovation [3].