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German machinery industry with obtain huge profits leading t

German Federal Ministry of Foreign Trade and Investment Agency has announced that the German machinery manufacturing turnover will hit a record high in 2012, to 209 billion euros, an increase of 2% over last year. The production of the industry will continue to maintain a 2% growth in 2013.
In the Industrial Automation Exhibition held in Shanghai in November 6 -10, 2012, experts from German Federal Ministry of Foreign Trade and Investment Agency note that how Chinese investors benefit from German market in the field of business opportunities. "Although the world economy is in doldrums, but Germany's machinery manufacturing industry leading technology and quality is still favored by Chinese investors. This is currently the most popular areas of investment of Chinese enterprises, they can advantage from the R & D and a strong industrial base profits. "
JeromeHull German Federal Ministry of Foreign Trade and Investment Agency experts said.
German machinery manufacturing growth in the economic crisis,own to its investment in hi-tech and export capacity. German Machinery Manufacturing annual R & D expenditure of more than 11.4 billion euros, it is Germany's most innovative industry. The industry enterprises in Germany put 10% of the turnover in research and development, more than 11% of the R & D personnel engaged in machinery manufacturing. In addition, Germany has remained in the field of export world title.
According to Ernst & Young survey, 57% of enterprises believe that German machinery industry is attractive, many Chinese machinery enterprises have settled in Germany. , Shenyang Machine Tool Factory invest 6 million euros in Berlin to set up its European headquarters and R & D center
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