Chen Weikang, industrial service vice president of TÜV Rheinland China at a conference. [Photo provided to chinadaily.com.cn] |
"There is a big gap between Chinese and foreign countries in risk elimination," Chen added.
Chinese companies are adapting to the economic growth of recent years and are required to strengthen competitiveness.
Chen said Chinese business operators have to change their mindset and focus on quality enhancement.
"Chinese companies try to achieve growth in size, while foreign companies may not be big but have strong competitive advantages," Li said. "Those foreign companies know quality is much more important than size".
China is implementing "Made in China 2025" and "Internet Plus" strategies to support the industrial upgrade.
TÜV Rheinland will spare no efforts to support China's economic transformation.
It has arranged trips to Germany for business groups so they can better understand Germany's Industry 4.0, on which China's "Made in China 2025" is said to be based.
Li said TÜV Rheinland has strengthened ties with online business giants such as Alibaba to provide creditability testing services for online traders.