Home / Business / World Economic Forum

Q&A: What the year has in store

China Daily | Updated: 2017-01-18 08:24

Q&A: What the year has in store

Jiang Zong, general manager of fischer China.

A1 I would expect that China could keep the steady and sustainable growth in economy in 2017. The upgrade of manufacturing and consuming in 2017 would be opportunities for us to promote more good-quality products in the market. The major challenges for China is how to maintain the sustainable economic growth and at the same time to enhance its economic transition in different industries.

A2 Innovation and green growth are our group's strategy for years. It's good to see that in China's 13th Five-Year plan, China will insist on more green growth strategies and pay more attention to human living conditions, which are exactly the same strategies of our group. Since our company mainly focuses on construction, the further urbanization of China will give us more opportunities in the sector.

A3 We would expect to have above double-digit growth in 2017 for our company. Although with more new entrants in the market, the price and profit are not as satisfied as previous years, we still expect a slight increase in our total profit, with a new product launching, innovation and total solutions.

A4 Since we are a German company and most products are imported from Germany or locally produced in China, the stronger US dollar may not have much influence on us. On the contrary, the weaker euro may reduce our costs for the Chinese market. However, we are willing to see a steady currency exchange internationally to reduce any uncertain risk and balance strength from Europe, US and China.

Most Viewed in 24 Hours