Wilo is very confident about the Chinese economy, and has a long-term commitment to the Chinese market and will enlarge its investment in China, said Grant Rong, director of government and public affairs at Wilo China Ltd, in an exclusive interview with China Daily Website on a roundup of 2023 and outlook for 2024.

With more than 150 years of history, Wilo, a hidden champion focusing on water pump manufacturing, entered China in 1995 with two factories in Beijing and Changzhou, Jiangsu province.

"The company is very encouraged by China's resolution to continue to open up, and we have seen that the business environment of China has kept improving," he added.

Check this video and see what else he had to say.