Source: Voice of Germany
The "dynamic clearance" that lasted three years in China once made many companies in Wald.The German government has also called on the economy to reduce its economic dependence on China.However, a lot of German companies such as Volkswagen and BASF seem to be not affected and are still increasing the scale of investment in China.
The Business Daily published a long article that the newly released Chinese economic data is not ideal: the economic growth has dropped to the lowest point in decades, and the population has begun to atrophic.The German government is also developing a Chinese strategy, hoping that the German economy can reduce dependence on the Chinese market.However, there are still many companies doing their opposite ways, and they are still expanding the scale of investment in China.This article entitled by German Economic Treasure China wrote:
"In the past few years, the German automotive industry has been expanding the scale of investment in China. However, in addition to the automotive industry, other German companies are also increasing their investment in China. After allHas become the past.
Jens Hildebrandt, the German Chamber of Commerce in China, said ‘optimism is returning.‘In the annual questionnaire survey of the German Chamber of Commerce recently, half of German companies expressed their willingness to invest, and nearly 80%of the interviewed companies have a positive attitude towards medium- and long -term prospects.Hildebrant said, ‘Although everyone has a sense of risk, after all, China is the most important growth market in the world. No one is willing to give China to competitors.‘
Based on the principle of ‘in China, for China’, German companies hope to further approach Chinese customers by investing in China.The chemical giant BASF has invested 10 billion euros (S $ 14.2 billion) to set up a new production base in Zhanjiang for this consideration. The first batch of equipment has been put into use in autumn.This is also the largest investment plan in the history of BASF in 158 corporate history.BASF President Bridemler said that two -thirds of the future growth will come from China.Adidas has also formulated ambitious plans for Chinese business, although the company had had a heavy loss experience before.
Investment in China in China, its primary purpose is no longer China's sales market.China's status as an innovation center is also increasingly consolidated, and German companies also want to participate.Siemens opened a new project called "Marco Polo", hoping to expand the company's core department 'digital industry'.Bay Pharmaceutical also emphasized recently that in the field of drug research and development, the company will no longer focus on Europe, which is "unfriendly for innovation", but will focus on the United States and China."
The Business Daily quoted the German Enterprise Federation experts to write, reducing the dependence on the economy of China, and cannot be achieved overnight. It can only continue to develop Chinese business while increasing the diversification of enterprise investment.
