Economic Watch: Germany's Bosch to launch strategic commercial vehicle project in China

NANJING, Oct. 17 (Xinhua) -- German multinational giant Bosch Group signed an agreement Wednesday evening to set up its strategic commercial vehicle China headquarters in the city of Wuxi, east China's Jiangsu Province, indicating its bullishness on China's new energy vehicle and smart driving industries.

The agreement was inked between the company and Wuxi high-tech district during a ceremony celebrating the 20