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BEIJING Custom Boston Red Sox Jerseys , Sept. 18 (Xinhua) -- Novozymes, the world's largestproducer of industrial enzymes, is upbeat on growth opportunitiesin China.


The Denmark-based biotech giant will increase investment inChina, including in production and customer-facing activities, asthe company's local business grows, according to Peder HolkNielsen Cheap Boston Red Sox Jerseys , president and chief executive officer of Novozymes, duringa trip to Beijing Monday.


With a 48 percent market share in industrial enzymes, Novozymesprovide biological solutions for producers of ethanol, bread,detergent and textiles in 130 countries.


In the first half of 2017, Novozymes posted better-than-expectedfinancial results Pedro Martinez Red Sox Jersey , with its China market being "a positivesurprise," according to Nielsen.


In his eyes, huge changes have taken place in China in the pasttwo decades, and so has the company's business here.


"Compared with over 20 years ago, when there were hardly anycars in Beijing and few high rises on the northeastern third ringroad, Novozymes' business in China is much larger and matters moretoday Bill Lee Red Sox Jersey ," Nielsen said in an interview. "Any strategy that goes on inNovozymes today will have an element of China to it, which was notthe case 20 years ago, simply because the opportunities in Chinaare so large and impressive."


"The main growth opportunities in China are in sectors likehousehold care, including laundry and cleaning products, as well asfood and beverage, as China's shift from a global manufacturingcenter to a domestic consumption-led economy means more demand forsuch products Carlton Fisk Red Sox Jersey ," Nielsen said. "China's detergent market is growingvery fast, both liquids and powders. That's something we takeinterest in."


He believes that ethanol fuel is another market area to watch,and that despite currently being a small player in the biofuelmarket, China will hopefully become a much bigger market with itslarge fleet of cars, significant gasoline consumption and recentplans to expand ethanol fuel use.


The government last week announced a plan to push nationwide useof bioethanol gasoline by 2020 to cut emissions and fossil fuelconsumption.


"The 2020 ethanol plan for China is exciting for Novozymes. It'salso exciting for the world," Nielsen said. "It needs to get offthe paper and become something that's real."


"The country's quest for sustainable solutions not only createsopportunities for Novozymes but also is changing businesses allover the world Wade Boggs Red Sox Jersey , because the Chinese market is a large driving forceof growth for many foreign companies," he said.


Meanwhile, he expected to see better practice of rules inprotection of intellectual property rights, though there has beenimprovement in this field.


With over 1,000 employees in China, Novozymes has grown from asingle office in Beijing in the early 1990s to a network ofresearch and development Roger Clemens Red Sox Jersey , production, sales and marketing in sixChinese cities. Enditem


HANOI, Sept. 18 (Xinhua) -- A total of 1,234 cars and sport utility vehicles (SUVs) branded Mercedes-Benz are being recalled from now to September 2020 to fix a fault which can lead to overheating, even fires, Mercedes-Benz Vietnam said on Monday.


The recall covers certain C-Class Fred Lynn Red Sox Jersey , E-Class and CLA cars and GLA and GLC SUVs produced by German firm Daimler between February 2014 and February 2017.


The German automaker announced in March that it would recall about 1 million Mercedes-Benz cars and SUVs worldwide because a starter part can overheat and cause fires.


The firm said for some reason, the engine and transmission would not turn over, a current limiter in the starter motor could overheat from repeated attempts to start the vehicles, which could cause the current limiter to overheat.


In a worst-case scenario, overheating of the starter current limiter could cause surrounding components to melt and potentially create the risk of fire.


Panama's president, Chinese FM inaugurate Chinese embassy in Panama City


Interview: Egypt pins hope on China to revive ailing tourism industry: official


Pianists perform at concert of BRICS Cultural Festival


Brunei's Sultan cautions army of cyber-related threats


Special snacks displayed during 14th China-ASEAN Expo


Scenery of paddy fields in Baicheng Carl Yastrzemski Red Sox Jersey , NE China's Jilin


China Focus: World's oldest panda dies aged 37


Scenery of terraced fields at Wuyishan in SE China's Fujian

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