Mr. Yu Jianhua. Deputy Secretary of the CPC Leadership Group of the Ministry of Commerce, China International Trade Representative, met with Stephan Wollenstein, Chairman of the German Chamber of Commerce in China and CEO of Volkswagen Group (China), and exchanged views on the development of VW's business in China and the exchange of business personnel between China and Germany.

Mr. Yu Jianhua said that China welcomes Volkswagen to continue to expand its investment in China and is willing to facilitate German business personnel to visit China under the premise of proper prevention.

Mr. Stephan Wollenstein expressed that Volkswagen Group has benefited a lot from China's economic development and reform. Volkswagen will further expand its investment and operation in China and increase its R&D and production in the field of electric vehicles.