CHINALUX Event – Luxembourg Companies and Their China Stories

Despite the rainy weather, CHINALUX successfully hosted the event “Luxembourg Companies and Their China Stories” at the Bank of China Luxembourg. The event drew an impressive turnout, with more than 100 participants gathering to explore the business narratives between Luxembourg and China. Ms. Wang Yuan, Mme la Chargée d’Affaires ad interim of the Embassy of China to Luxembourg, honored the event with her presence. This event was sponsored by CHINALUX founding member Bank of China Luxembourg.

The event began with a heartfelt welcome speech from Ms. Xie Zhujun, President of CHINALUX. She elaborated on the growing cooperation between China and Luxembourg in areas such as finance, logistics, and technology, expressing confidence in Luxembourg companies’ successful investments in China. She expressed her gratitude for the support of everyone present.  Following this, the stage was taken by Mr. Xu Chen, General Manager of Bank of China Luxembourg. Mr. Xu Chen underscored the collaborative efforts between Luxembourg and China, emphasizing the importance of fostering strong relationships between businesses, governments, and communities.

Mr. Frank Thome, Member of the Executive Board of Ceratizit, stepped forward to present Ceratizit’s ventures in China. With depth and clarity, he shared compelling stories of business mergers, the establishment of production sites, and the challenges and opportunities encountered along the way. Mr. Thome also offered a positive perspective on the future of conducting business in China, emphasizing the encouraging outlook amid the challenges.

Continuing the momentum, Mr. Oliver Brück, Head of Marketing & Sales / C⋅A⋅T of Waagner-Biro Luxembourg Stage Systems, captivated the audience with a presentation on their innovative stage systems and their global footprint, particularly in China and its market potential. He illuminated how their cutting-edge technologies were widely embraced and utilized across various projects in the country, showcasing the significant success achieved by Luxembourg companies in the country.

The Q&A session was moderated by Mr. Jacques Bortuzzo, Vice President of CHINALUX. The audience actively participated, posing questions including cultural differences, legal perspectives, and M&A activities in China. The session fostered a dynamic exchange of ideas and knowledge, enriching the collective understanding of Luxembourg-China business dynamics.

In closing, we would like to express our gratitude to all attendees, speakers, and participants for their active engagement and insightful contributions. Thank you for coming, and we look forward to seeing you at next CHINALUX events!