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The following article was published in our article directory on October 25, 2010.
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Article Category: Business
Author Name: Amanda xzh
This year, most European countries the debt crisis by the euro zone is still difficult road to economic recovery, while Germany is an alarming growth in the global developed economies, "thriving", has thus become the investment of Chinese enterprises in Europe, the first choice .
As Germany's foreign trade and inward investment of official institutions, the German Federal Foreign Trade and Investment Department (Germany Trade & Invest, GTAI) the credit for this, the agency's mission is to make Germany an attractive location for investment and industrial and technology Identification of potential investors interested in Germany.
German FDI in the reserves amounted to 570 million euros
GTAI role is to support foreign investors in China and other commercial activities in Germany and to ensure that their investment success. GTAI projects for investors to provide free coverage of the entire investment process consulting services, including the provision of German investment environment and industrial information, project management support, advice and destination, including tax, investment subsidies, information, and establish links with local agencies and other support services .
Efforts will eventually result: Germany now has become China's enterprises to invest in Europe in the first. More than 800 Chinese companies operating in Germany. According to the German Federal Bank's latest data, China's FDI enterprises in the German reserves have reached 5.7 billion euros, which means that growth in the past 5 years, 264%. These enterprises include the famous China Construction Bank, COSCO Group, Baosteel Group, ZTE, Sany Heavy Industry, China Shipping, China Minmetals Group, Huawei, including some in Germany to seize the opportunity of successful SMEs.
Sharp increase in new investment projects, according to the statistics database FDI Markets, China's investment projects in Germany, 4 from a stroke in 2003 rose to 49 in 2009. Investment from China in terms of the importance of Germany was also significantly improved. The number of investment projects in 2009 rankings from the point of view, the Chinese investment in Germany climbed to second in the world, (behind the U.S. 111.) Meanwhile, the German investment in China in 2009, the number of items in the entire European investment in China accounted for 41% of the number. This shows that Chinese investors favor of Germany. These data do not include mergers and acquisitions, mergers and acquisitions over the past three years is also strong growth.
From the industrial point of view, the investment of Chinese enterprises in Germany are three major industries machinery, electronics and communications software category, which accounted for investment of more than half of three, in which the investment Sany nearly 100 million euros. But recently there is a strong growth of new industrial investment, that is, new energy industries.
From the site perspective, more and more Chinese enterprises will be built headquarters in Germany, to take advantage of Germany's central location in Europe and the brand image as the basis for further expansion in Europe. More and more enterprises have set up centers in Germany, benefiting from Germany's innovative capacity and human resources.
Data show that many Chinese enterprises in the German state of North Rhine - Westphalia, Hamburg, Hesse, Bavaria and Baden - Wuerttemberg, but the best place to be determined by the specific investment projects.
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