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Blue Book predict 2013 German export will strong grow

large euro-zone recession generally, in 2013 German export remain strong, it is expected the German economy will not fall into recession, will reach 0.4 to 1% of weak growth, which is 10 date from Tongji University and German research Center for Social Sciences Documentation Publishing House published in 2013, "the German Blue Book" reveals the main content.
Manufacturing exports has long been the engine of the German economy, the German Blue Book shows that in 2011 exports accounted for German GDP for 50.2% higher than private consumption the contribution rate. As the world economic situation improves,  German Institute of Economic Research of six authoritative forecasts, in 2013 German exports increased by 3.8% and imports increased by 4.6%.
Blue Book analysis, Germanys’ expansion in China, India, Southeast Asia and other emerging markets contributed to export growth. Emerging industrial countries are in the middle and late industrialization, German and these country are “in same boat” in the international economic so strong trade growth. Currently, Germany's trade with the euro-zone countries has down from 44 per cent in 2007 to 38% in 2012, while to the world's fastest growing economy in Asia's trade increased from 12% to 16%.
Sino-German economic and trade fields, in 2011, China replaced the U.S. to be the largest investor in Germany. Germanys’ currently direct investment in China is about $ 20 billion, China's direct investment in Germany is about $ 2 billion, and rapidly growth in the last two years. Blue Book expects investment activities will further promote the deepening and expansion of bilateral trade between China and Germany.
Blue Book analysis that in second half of 2013, the world economic situation will tend to improve, German companies’ investment activities will begin active, the annual investment will show a slight increase. In the medium term, as the end of the debt crisis, the euro zone economies have succeeded in restructuring, the euro zone will come out of recession, re-enter the growth track, the EU and the German economy in 2014-2015 will reach 1-2% the level of potential growth.

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