In 2014, Siempelkamp (Qingdao) Machinery Equipment Co., Ltd. was the first German-funded enterprise that settled in Qingdao Sino-German Ecopark. In the past 10 years, the enterprise has grown together with the park by increasing investment four times, and it will launch its fourth stage of expansion project and achieve localization of production soon. On January 2nd, China Daily released a bilingual interview report in both Chinese and English, focusing on the work, life, and thoughts of Kosta Karakolidis, CEO of Siempelkamp (Qingdao) Machinery Equipment Co., Ltd. in China, allowing more people to understand the foreign friend, as well as to see the development and attraction of Qingdao Sino-German Ecopark, and to have a more comprehensive understanding of China's commercial potential.

Kosta stated in an interview that China is a populous country with a continuously expanding market size. Here, he has spotted boundless business opportunities and economic potential.

From his first visit to China to his putting down roots in Qingdao, Kosta marveled at the awe-inspiring transformation on both societal and industrial levels over the past two decades: the speed of infrastructure construction has amazed the world, and the great achievements in technological development have attracted worldwide attention.

Talking about the development plan of Simpelkamp (Qingdao), Kosta revealed that the company is about to launch the fourth stage of the project and plans to achieve localization of production. This move exemplifies China's transition from low-tech to high-tech manufacturing.

Kosta believes that China is a country brimming with innovation and opportunities. "If your company is seeking business development, productivity improvement, and expansion of potential markets, then just come to China."

Note: The "New era in China" series of videos is launched by China Daily, focusing on the foreigners working and living in China, and telling their experiences, feelings and stories in the new era of China. Many foreign friends who work and live in Qingdao Sino-German Ecopark have participated in the interview and shooting of the series. The park's official account of Wechat will release relevant reports and information in due course. Welcome to keep concerned.