Report shows a record high number of foreign companies investing in Germany last year
Xinhua News Agency, Berlin, May 12 (Reporter Zhu Xi Li Meng) A report released by the German Federal Foreign Trade and Investment Agency on the 12th shows that the number of foreign companies investing in Germany in 2018 reached 2,062, a record high. Among them, Chinese companies ranked third in terms of investment projects in Germany.
According to the report, in 2018, the number of US companies investing in Germany was 345, ranking first; the number of Swiss companies investing in 229 was second. The number of Chinese companies investing in Germany last year was 188.
According to the report, the investment projects of the Chinese enterprises are mainly concentrated in the industries of business and financial services, machinery manufacturing and equipment. The business scope mainly covers sales and market support, manufacturing and R&D, retail and commercial services.
Thomas Bojan, an expert of the German Federal Foreign Trade and Investment Agency, said that the scale of investment by Chinese companies in Germany has gradually expanded over the past decade. Since 2010, the number of Chinese companies investing in green space in Germany has exceeded 1,600.
Robert Herman, general manager of the German Federal Foreign Trade and Investment Agency, said that Germany is one of the most popular investment destinations for foreign investors, and its market size and geographical location have attracted many investors.
The German Federal Foreign Trade and Investment Agency is the German government’s specialized agency for foreign trade and internal investment. It mainly provides advice and support to foreign companies entering the German market and assists companies established in Germany to enter foreign markets.
(This article is from Dongfang.com)
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