BERLIN, Oct. 3 (Xinhua) -- "German investments in China reached a new record in the first half of 2024, continuing the upward trend from 2023, when investment levels also set new benchmarks," Hermann Simon, a prominent German economist known as the father of the "hidden champions" theory...
* Some German entrepreneurs see China's market as a "gym" where multinational companies can experience rapid growth through both competition and cooperation. * German investment in China accounted for 10.3 percent of the country's total overseas investment in 2023, the highest since 2014, reported...
Rapid growth in investment into China by German companies in the first half of the year was a corporate response to the complex geopolitical situation and a normal market decision, showing that German companies value Chi...
China has been Germany's largest trading partner for eight consecutive years, followed by the United States and the Netherlands. In 2023, Germany's direct investment in China increased by 4.3 percent year-on-year to 11.9 billion euros ($12.7 billion), a record high, according to Deutsche Bund...
BMW is confident of China's economic prospects and will scale up its investment in the country, said Oliver Zipse, board chairman of the German carmaker. ▲A BMW Vision Neue Klasse is displayed next to the company's log...
Collaboration between China and Europe in the automotive sector continues to gain momentum. In 2022, European investment in China reached 12.1 billion U.S. dollars, up 70 percent year-on-year, with the automotive sector remaining a major hotspot. During the same period, China's investment in ...
German automaker Volkswagen signed late May a contract with the Hefei Economic Development Zone in east China's Anhui Province, announcing an investment of around 1 billion euros (1.1 billion dollars) to launch a new company in early 2024, which is expected to bring together 2,000 R&D and pur...
According to Hauer, the sound development momentum of the Chinese market and the country's favorable business environment have encouraged Fresenius Kabi to expand investment in China. China's gross domestic product growth is among the highest in the world, making its market increasingly appealing. I...
China's high-tech industries attracted 423.34 billion yuan of foreign direct investment in 2023, accounting for 37.3 percent of the country's total utilized FDI, data from the Ministry of Commerce showed. Source丨China DailyContent Editor:宋基金Managing Editor:王全Editor-in-Chief:张倩...
the second phase of its Taicang branch in early July. With a total investment of 1.5 billion yuan, the 56,000-square-meter new project is scheduled to complete construction in the second quarter of 2023, by which time the annual sales revenue of UAES Taicang will come in at 6 billion ...