Featured in Brave new world – 01-2012

Settling down in China

Foreign investment: Low production costs used to be the driving force behind foreign investment in China. Now the country’s domestic market is becoming the key driver, as the examples of Coveme and other manufacturers show.
Eckhart Gouras
By
Eckhart Gouras

When the Italian photovoltaic backsheet manufacturer Coveme opened its wholly-owned Chinese subsidiary Coveme Engineered Films Zhangjiagang Co., Ltd. in Jiangsu Province on November 16, it became the first European PV components manufacturer to set up an operation in China. The investment spans two different rationales for setting up a production base in China. The conventional …

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