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German machinery export to China reached to 141 billion in 2

German machinery and equipment manufacturing industry association said that in 2013, t German machinery industry exports to China reached 141 billion yuan. Although exports fell by 3.7% but China is still Germany most important sales market.
Germany is currently China's largest trading partner, machinery and equipment exports are only part of the bilateral trade cooperation. In the past decade, German machinery manufacturing industry to China’s directs investment from 5.7 billion yuan to RMB 40 billion. After the United States, China is a most important stage of German companies in overseas branches. What is certain is that in the next few years, German machinery and equipment manufacturing industry association member companies in China will exceed the number of branches number of United States.
German machinery and equipment manufacturing industry federation, referred to as "VDMA, founded in 1892, has 120 years of history. VDMA is Europe's largest industrial association, has more than 3100 member companies, mainly represents the German industrial small and medium-sized enterprises in the industry, in the summer of 2004 VDMA set up representative offices in Beijing, there are currently more than 600 VDMA member companies set up branches in China.

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