German machinery industry expects to deepen cooperation with China
pubdate:2021-03-17
Oliver walker, head of East Asia affairs of German machinery and equipment manufacturing association, told Xinhua News Agency on June that German machinery manufacturing industry expects to deepen mutually beneficial cooperation with China.
China is the main export market of German machinery and engineering equipment and the main overseas investment destination of German machinery manufacturing enterprises, Walker pointed out. Meanwhile, Germany has a major customer base of Chinese machinery and equipment in Europe, and it is in the interests of Germany and China to continue this successful cooperation relationship.
German machinery manufacturers not only support the development of China's engineering technology, but also invest heavily in China, and "there is room for further development," Walker said. He stressed that the development of German machinery manufacturing depends on an open market and an economic environment that can provide reliable investment conditions.
German machinery and equipment manufacturing association has more than 3200 member enterprises, and is one of the largest machinery manufacturing industry associations in Europe. At present, there are about 6400 machinery manufacturing enterprises in Germany, and the overall R & D investment accounts for about 10% of the output value, which is the main power source of German innovation.