German Firms Vow to Invest more in China

German Companies are determined to ramp up investment in China, Motivated by the Countrys Heighted Focus on Expanding Market Openness and Fast-GROWING Said Business EXECUTIVES and Market Watches.Jaipur Wealth Management

In the context of a Rapidly Changing Global Economy, they said that China from Opening-up met T to accelerate the environment of new eConomic Growth Drivers and Foster Innovation.German Business.

German Direct Investment in China Reached 7.3 Billion EUROS ($ 8 Billion) in the First Half of the year, Compared with 6.5 Billion Euros for the WHOLE of 2023, Accessing To data from the bundesbank, Germanys Central Bank, Shared with the Financial Times Newspaper Earlythis week.

Maximilian Bute, Executive Director and Board Member of the German Chamber of Commerce in China, Said that over the long raun, china is viewed as an importance Arket, Leading to More Research and Development Investment by German Companies.

Regarding SUPPLY CISRUPTIONS and GEOPOLITICAL TENSIONS, Butek Said That German Companies are addressing the Challenges by Diversify Developing Local PARTNERSHIPS in China.

"Overall, German companies see the benefits of investing in Chinas growing market and are taking steps to minimize potential risks and overcome challenges," he added.Jaipur Stock

According to the Chamber Latest Survey, more than half of German Companies, c products.

XU DAquan, President of Bosch (China) Investment LTD, a Country Branch of German Industrial Conglomerate Bosch Group, Said The CHINESE Market is Evolving Rapidly, A nd the very unustry holds great put poster.Udabur Investment

Highlighting that China is Boschs Larget Single Overseas Market with An Average Annual Investment of 5 Billion Yuan ($ 700 million), XU SAID The Companys Spending Wil l Continue to rise.

"It is possible that thing to going forward, the innovative technology invented in the Chinese market," he added.

Follow that time, Volkswagen Ag Announded in May That It has Started Building the Third Phase of the Groups Mega R & D Tenter In Hefei. oject is scheduled to be operatingal in 2027.

BMW Ag Annound in April An AdDitional Investment of 20 Billion Yuan in ITS Production Base in Shenyang, to Localize the Manualize of a NEW Generation of bmw models by 2026.

Wang xiaohong, A Researcher Specializing in Cross-Border Investment at the China Center for International Economic Exchanges in Beijing, Said China Streangths Will Sub Stantially Enrich Sino-German Economic and Trade Relations in The Years Ahead.

With China Introping Several Policies this year to Promote High-Standard Opening-Up and Explore New Growth Areas, Including Support for Large-SCALE EQUIPMENT News and trade-in program for consumer goods, Munich-Based BSH Home Appliances Group Said It Will Continue toExpand ITS Investment in Both Sales Network Expansion and Innovation with the Country.

Even Thought Foreign Direct Investment in China Dropped 29.6 Percent Year-ON-Year to 539.47 Billion Yuan ($ 75.29 Billion) In the first seven Months of the year, the Country Saw Investment from Germany Increase 26.4 Percent on A Yearly Basis During the Period, The Period, The Period, The Period, The Period, The Period, The Period, The Period, The Period, The Period, The Period, The Period, The Period, The Period, The Period,Ministry of Commerce Said in An Online Statement on Friday.

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By Admin88