Yu Hongsheng, vice governor of Hunan Province, met in Changsha with Haryono Lim, president and chairman of BASF Greater China, on July 29.

Vice Governor Yu welcomed Haryono Lim and his delegation. He pointed out that Hunan is making every effort to build "three hubs." The province has been attaching great importance to economic and trade cooperation with Germany, improving the mechanisms for promoting investment and the policies for attracting German investors. He expressed the hope that both sides would work together to plan new projects in artificial intelligence, advanced materials, and new energy, and to turn the BASF Shanshan Battery Materials Co., Ltd. into a leading enterprise achieving an annual output value of 10 billion CNY at an early date. He also hoped to support the upgrading of BASF's battery materials R&D center in Changsha into its global new materials R&D center, and to bring in more German companies to invest in Hunan.

Haryono Lim thanked Hunan for its strong support, expressing firm confidence in the Chinese market and Hunan's strengths in science, technology, and talent. He stated that BASF would consolidate its R&D and production capacity layout in China, aligning with Hunan in its efforts, to explore cooperation in such areas as artificial intelligence and new energy and strive to achieve new collaborative outcomes.

BASF ranks 191st among the world's Fortune 500 companies.

This article is from Hunan Provincial Government. www.enghunan.gov.cn.
 
Translator: Pang Yuehui
 
Chinese source: hunan.gov.cn