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The German machinery industry looks forward to cooperation with China

source:Update time:2020-04-14 14:18:44The number of clicks:608timeFont size:T | T

Oliver Wacker, Head of East Asia affairs of the German Association for The Manufacture of Machinery, told Xinhua on September 6, 2019 that the German machinery industry looks forward to deepening mutually beneficial cooperation with China.

China is a major export market for German machinery and engineering equipment and a major overseas investment destination for German machinery manufacturers, Wacker noted.At the same time, Germany has a major customer base of Chinese machinery equipment in Europe, and it is in the interests of both countries to continue this successful partnership.

German machinery manufacturers are not only supporting the development of Engineering technology in China, but also investing heavily in China, and "there is room for further development," Mr. Wack said.He stressed that the development of German machinery manufacturing depended on open markets and an economic environment that provided reliable investment conditions.

With more than 3200 member companies, THE Association is one of the largest machinery manufacturing associations in Europe.At present, There are about 6,400 machinery manufacturing enterprises in Germany, and the overall R&D investment accounts for about 10% of the output value, which is the main source of innovation in Germany.

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