On the morning of March 13, deputy mayor Liang Yibo met with Kazuaki Kotani, president of Nabtesco Co., Ltd., and his delegation. Shi Xuyong, member of the Standing Committee of CPC Wujin District Committee, deputy secretary of the Party Working Committee of Wujin National High-tech Industrial Zone (WIZ) and deputy director of the Administrative Committee of WIZ, was present at the meeting. Liang Yibo expressed his welcome to the visit of Kazuaki Kotani and expressed his gratitude to Nabtesco for its contribution to the development of Changzhou’s robot industry. He stated that the municipal government will continue to support the development of Nabtesco’s projects in Changzhou. Kazuaki Kotani thanked the municipal committee of CPC and municipal government for supporting Nabtesco’s development in Changzhou. He said that Nabtesco will pay more attention to the development of environmental protection while contributing to the high-quality development of Changzhou. Nabtesco Corporation is headquartered in Tokyo, Japan. The precision reducer for robots produced by Nabtesco is one of the core components of the robot, with a global market share of over 60%. At present, Nabtesco has invested in three companies in the WIZ, with a registered capital of 80 million US dollars, a total investment of over 240 million US dollars, and a total sales income of over 770 million yuan in 2018.
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