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German companies will be the end of the Chinese market, the main machinery

Posted on July 7, 2014

The first quarter of 2014, the German manufacturing production rose by 2.3%, but exports to China equipment fell 3 percent, but the German Engineering Federation (VDMA) for the second quarter and second half of the exports of machinery and equipment remains optimistic .

Recently, VDMA Beijing Representative Office 10th anniversary press conference held in Beijing, VDMA Chairman ReinholdFestge in his speech pointed out that China has become Germany’s most important manufacturing industry in the global sales market, but the German manufacturing products to enter the Chinese market is facing intellectual property protection the problem, called on the Chinese government not to relax efforts in the fight against piracy.

According to reports, over the past 10 years, China has become the world’s second-largest country in the German manufacturing sector foreign investment. 2004 German machinery manufacturing industry investment of 5.7 billion yuan in China in 2012 has grown to 40 billion yuan. Meanwhile, exports of machinery and equipment is part of the Sino-German bilateral cooperation, when Beijing Representative Office was established in 2004 VDMA, German machinery and equipment Total bilateral trade of about 70 billion yuan, in 2013 this figure had reached 166 billion yuan. Moreover, in 2013 the German Engineering Federation member companies to export to China 141 billion yuan worth of machinery and equipment.

VDMA chief StephanieHeydolph believe that in the next 15 years, China’s population will have 2/3 of the city to settle. China’s urbanization process will inevitably bring about the replacement of technical equipment, mechanical equipment has a huge potential demand, garbage collection, wastewater treatment, urban water supply, food sanitation, urban transport and other issues will be faced with challenges. Germany’s machinery and equipment in terms of hydropower, wind energy, etc. have a proven solution, and is still a leader in the next 10 years. Among them, China and Germany will have good prospects for cooperation in the development of energy and environmental technology, transportation and infrastructure, German companies want long-term development in China, to ensure the high-end market, the need to be clear in order to fight in the end products market strategy.

Currently, the number of German companies to set up branch offices in the United States first in the world, has more than 600 VDMA member companies set up branches in China. ReinholdFestge said the next few years, the German Engineering Federation member companies of the number of branches in China will surpass the United States.

Post: German companies will be the end of the Chinese market, the main machinery
This article was written by Jeawin of The Zhenlihua, a leading china circular knitting machine manufacturer, supplier & exporter. The company was committed to the researching, developing, producing and selling of circular knitting machines. Contact us today to receive the E-Catalogue. Reproductions of this article are encouraged but must include a link back to http://www.circularknittingmachinesale.com/

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