Bosch invested more than 50 billion yuan in China, and its sales volume increased by 5.2% year-on-year

In the past decade, Bosch's total investment in China has exceeded RMB 50 billion, with an average annual investment of RMB 5 billion. In 2023, as China's automobile production and sales hit a record high, Bosch China's sales also rose, up 5.2% year-on-year to nearly RMB 140 billion. Xu Daquan, the newly appointed president of Bosch China, said that Bosch's sales in China accounted for about 20% of the entire Bosch Group, showing the importance of the Chinese market to Bosch.