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German companies' investment in China focuses on modern manufacturing
In the context of the 'Made in China 2025' plan, German companies' investment in China focuses on modern manufacturing. According to data released by the German Chamber of Commerce in China on June 30, the investment of German companies in China continued to rise. As of 2014, Germany's cumulative investment in China was 48 billion euros. In 2014, Germany invested 2.1 billion euros in China, a relatively large increase compared with 2011, especially the investment in the automotive field increased by 20.5%. The German Chamber of Commerce in China held a press conference in Beijing on the same day to announce the '2015 Business Confidence Report of German Enterprises in China'. The 'Report' shows that modern manufacturing and Ru0026D have become the core elements of German corporate investment. 65% of German companies in China focus their new investments in the manufacturing sector, such as the automotive, machinery and chemical industries. This shows that German companies intend to strengthen their position in modern manufacturing. At the same time, 'more than 50% of German companies engaged in Ru0026D have set up Ru0026D centers in China.' Hermann, chairman of the board of directors of the German Chamber of Commerce in North China and Northeast China and CEO of Siemens, said in response to a question from the 'China Sankei Shimbun' reporter on the same day. , R u0026 D is the way of development of manufacturing enterprises. And German companies regard 'Made in China 2025' officially announced by the State Council in May this year as a huge business opportunity. 'We (in 'Made in China 2025') are very interested. We see that the Made in China 2025 plan belongs to a future strategic plan for the overall development of China's manufacturing industry, and the strategic focus is mainly on the field of innovation... German companies are preparing to actively Participate in the 'Made in China 2025' plan, and the corresponding research and development work is also in preparation.' Herman said. When asked how he viewed 'the difference between 'Made in China 2025' and Germany's 'Industry 4.0' and the challenges brought about by the differenceThe value chain. That is to say, it will involve the entire system and will be presented at different levels of the entire value chain. On the other hand, most German companies already have production capacity with a very high degree of automation. But many Chinese companies It has not yet reached the level of automation.' 'We need to integrate several manufacturing resource groups in China into a high-efficiency group.' Herman said: 'So we have something in common in this field (with the Chinese side), we need to Together, we can achieve this goal faster, and then improve all production efficiency through less resource consumption.' Although China's economy continued to slow down in the first half of this year, Herman said that more than half of the companies still believe that the expected business growth can be achieved. Target. Most companies still maintain healthy growth in turnover and profits. Compared with the overall economic growth rate, companies are more optimistic about the sustainable development of their industries. Although German companies in China have generally shown a positive attitude towards China's investment environment, hidden concerns still exist. According to the 'Report99% of Ru0026D companies face the problem of finding high-quality employees. The insufficiency of the labor market has thus become a difficulty to be overcome in economic transformation. The increase in labor costs and the problem of retaining qualified talents are followed by the second and third challenges faced by German companies. However, in this year's report, corruption, which was previously ranked high, dropped out of the top ten. 'China's anti-corruption work has achieved remarkable results. Most of the interviewed companies believe that China's anti-corruption measures have changed the investment environment.' Herman said. It is reported that the results of the 2015 German Enterprise Business Confidence Survey were collected by the German Chamber of Commerce in China from May 11 to June 12, 2015, by collecting the feedback results of 439 German enterprises in China in terms of business outlook, investment and market environment. derived.