Jiaxing becomes key destination for German investment
Jiaxing, a key destination for German investment in East China's Zhejiang province, is witnessing significant growth driven by its German enterprises.
One standout example is Grenzebach's Jiashan plant, where smart vehicles and robotic arms operate around the clock, and first-quarter orders are already fully booked. According to General Manager Shang Cheng, the company's three core products each hold more than a 50 percent market share in China.
Jiaxing, with its strong manufacturing base, complete supply chain, and excellent logistics network, has become home to 202 German enterprises, including industry giants like Thyssenkrupp, BASF, Metro, and ZF. These companies have invested nearly $3 billion in the city, with actual foreign investment exceeding $800 million. In 2025, Jiaxing accounted for more than 60 percent of the province's total foreign investment from Germany.
Hella is also operating at full capacity. The company produces LED headlights for major automakers such as Volkswagen and BMW. Since its establishment in 2012, Hella has invested a total of $120 million.
The rapid growth of German investment in Jiaxing is supported by high-level platforms such as the Zhejiang Sino-Germany (Jiaxing) Industrial Cooperation Park. Established in 2015, this park houses over 30 European and North American enterprises and has attracted industries such as high-precision machinery and key automotive components.
With its robust industrial ecosystem and efficient government services, Jiaxing is emerging as an increasingly attractive destination for German companies.


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