Sino -German investment in 10 cooperation projects is nearly 200 million euros

China and Germany signed 10 commercial cooperation projects on Thursday (July 7), covering the fields of intellectual electric vehicles, new medicine, equipment manufacturing, new materials, etc., with a total investment of nearly 200 million euros (about S $ 285 million)Essence

According to Pengbai News, the Changzhou Municipal Government of Jiangsu and the German Chamber of Commerce in China in the "Dialogue Germany -Jiangsu German Cooperation and Exchange Conference" held by the German and German Chamber of Commerce in Changzhou (Changzhou) Innovation Industrial Park, 10The Sino -German Cooperation Project has a centralized signing of the contract, covering intellectual electric vehicles, new medicine, equipment manufacturing, new materials and other fields, with a total investment of nearly 200 million euros.

Changzhou Mayor Sheng Lei said in his speech that this year Changzhou has added four foreign -funded projects with a total investment of over 100 million US dollars this year.11.4%, reflecting the strategic vision of foreign investment in the context of complex and severe macro environment.

Shi Mingde, president of the China -Germany Friendship Association, said that in the 50 years since the establishment of diplomatic relations between China and Germany, the trade amount has increased from less than 300 million US dollars throughout the year to more than 240 billion euros in 2021. China has become Germany for six consecutive years in a row.The biggest trading partner.German companies' investment in China has promoted the improvement of China's industrial structure and scientific and technological innovation. China's rapid development also provides market opportunities for foreign companies including German companies.Germany is becoming a hot land for Chinese -funded enterprises, which not only shortens the supply chain, but also creates employment and taxation.He described China -German cooperation in the past 50 years as "a successful story of mutual achievement."

Data show that at present, more than 250 German investment enterprises have been established in Changzhou, mainly distributed in the fields of automotive electronics, machinery and equipment manufacturing, new materials, new energy, energy saving and environmental protection;Project.