Dekra Group mulls further expansion in nation

Germany's Dekra Group plans to invest in a number of Chinese cities, such as Shanghai and Guangzhou, Guangdong province, to build bigger industrial parks and laboratories this year to sustain business growth, a senior executive said.

This decision has been driven by China's surging export opportunities in sectors such as electric vehicles, household appliances, renewable energy and artificial intelligence-related products, coupled with the country's efforts to attract multinational corporations to its trade in services industries.

In addition to intensifying investment in Shanghai and Guangzhou, the Stuttgart-based testing, inspection and certification (TIC) group with nearly 50,000 employees worldwide, will also expand existing facilities or build new laboratories in Suzhou, Jiangsu province and Hefei, Anhui province, this year.