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FRANKFURT, May 18-- Although growing protectionism and economic uncertainty are disrupting world trade, Volkmar Denner, chief executive officer (CEO) of Bosch Group, remains optimistic about his company's future growth. As the sales revenue in China accounted for about 20 percent of Bosch's total sales income of 78.5 billion euros (87.57 billion U.S. dollars) in 2018, he foresaw long-term growth potential in the Asian giant, the largest overseas market for the German engineering and technology company. Keeping a close eye on the development and economic prospects of China, the CEO of the industrial magnate told Xinhua that he is upbeat about China's economic performance in the long run, and that Bosch will further benefit from higher-quality growth in China. Beyond Bosch, many European enterprises, particularly multinational giants, tend to see China as a stable and reliable "harbor" for overseas investment and business operations amid current global headwinds, and are participating in China's economic transformation and upgrading, as China-EU economic and trade ties become increasingly stronger. KEY MARKET FOR BUSINESS GROWTH Beating market expectations to advance 6.4 percent year on year in the first quarter of 2019, China's economy got off to a good start. For many European companies, the stable and resilient economic growth in this key market is recognized as a significant drive for businesses, which is reflected in their recent annual or quarterly reports. | 
