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The following article was published in our article directory on November 22, 2010.
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German Companies Generally Optimistic About the Chinese Market

Article Category: Business

Author Name: xia zihui

The global automation industry leading equipment manufacturers - Germany Pepperl + Fuchs Inc. today announced that its process automation (PA) set up China headquarters in Beijing, the future will take this as the core base, and increase efforts to expand their business in China. The Volkswagen company also recently announced its huge investment plans in China. These examples show that China's large market is still booming in Germany, including many multinational companies have a tremendous appeal.

Germany Pepperl + Fuchs is the world's leading automation industry automation equipment maker, which owns two business divisions - Process Automation (PA) and Factory Automation (FA). One, FA headquarters on China in Shanghai was inaugurated in 2005. The establishment of Pepperl + Fuchs (Beijing) Co., Ltd. is a process automation control equipment Pepperl + Fuchs Process Automation wholly-owned company established in China, but also Pepperl + Fuchs Process Automation division headquarters in China. It was set up two business units Pepperl + Fuchs marks both in the Chinese camp.

"The Chinese market in the global strategy plays a decisive role." Asia-Pacific Pepperl + Fuchs Pepperl + Fuchs, president and chief executive, chairman of Shin Ping said Beijing, China is a rapidly growing Asia Pacific market, China constantly in the oil, gas and chemical industry to maintain a high investment. In these areas there will be a lot of automation projects. This is the Pepperl + Fuchs products market. "We see the near future, these investments will continue, and we will lock in this market."

Similarly, Europe's largest carmaker Volkswagen AG 19, announced that in order to achieve sales and profit margins in the car on the goal beyond the Toyota Motor Corporation, Volkswagen cars in the next five years to invest 51.6 billion euros business. It is noteworthy that, Volkswagen also announced in the next five years ending in 2015, the company's joint venture in China, an additional investment of 10.6 billion euros.

The industry said that multinational corporations continue to increase investment in China, and the international financial crisis, the Chinese economy under the sustained and stable development are inseparable. Many large German companies optimistic about China's economic growth, even as a haven investment in China. Information shows that in January-August 2009, China newly approved investment projects in China, Germany, Germany, the actual investment rose 3.2%. According to the Federation of German Industry and Commerce in Germany earlier this year, industrial enterprises of 9000 a survey conducted shows that most German companies are confident that investment in China, of which 37% of companies plan to invest in China, increased by 5% over last year .

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