(Yicai) Oct. 15 -- German companies remain broadly confident about the Chinese market’s potential and capacity to innovate and plan to stay put in spite of short-term geopolitical and tariff concerns, according to a senior executive at the German Chamber of Commerce in China.

German businesses plan to maintain their presence in China, Maximilian Butek, executive director of the German Chamber of Commerce in East China, said at the chemical industry gathering AchemAsia 2025 in Shanghai yesterday, noting that China is still the world’s second-largest economy.

Against the backdrop of the push for carbon neutrality and digitalization worldwide, Asia is not only the largest market for chemical production and consumption but is also emerging as a crucial testing ground for innovations in sustainable chemical production, Butek also noted.

An increasing number of Chinese companies and talent are leading technological advances in the global chemical and manufacturing industries, he pointed out, adding that German firms in China seek to deepen their integration into local innovation networks and through cooperation enhance their competitiveness in the Chinese and international markets.

German achievements in pump and valve gear, mixing and separation technologies, chemical and pharmaceutical equipment, digitalized instruments and meters, are all on show at the three-day AchemAsia, a major regional exhibition and conference for the chemical processing industry.

The event which takes place every three years, has been held in China 11 times. AchemAsia 2025 has drawn 265 companies from 14 countries and regions.

Editors: Tang Shihua, Martin Kadiev