Recently, the German Machine Tool Manufacturers Association of Economics and Statistics Department, Gerhard Hein said in an interview that China's economic development provides many opportunities for development for the German machine tool manufacturers.
Although the level of minimum wage increases, but Hein said that investment in China is not entirely from the low-cost reasons, is for market performance and continuously improve implementation of the strategy of regional projects.
German machine tool industry in the production of industrial orders and projects focused on the main production areas in Shanghai and Nanjing, machine tool and mold manufacturing, automobiles and auto parts industry is mainly concentrated in Guangdong Province. Investment decision factors include whether the client structure, as well as industrial parks to provide a favorable investment measures.
Member companies to better serve the investment in China, the German Federation of Machinery and Equipment Manufacturing / Machine Tool Manufacturers' Association, with offices in Beijing and Shanghai. There are currently 60 German member companies in China engaged in the machine, processing system, the production of the metal processing laser technology, component suppliers to get involved in the operations, services, procurement, and production and assembly process to increase their services in many fields.
In 2010, machine tool production in China accounts for about 8 percent of the German machine tool manufacturers overseas production, the number of employees accounted for 12% of overseas personnel.
German companies set up factories in China increased significantly, in particular, to increase local production. Hein believes that China is the winner of the world crisis, made ??a great contribution to the machine tool consumption is shifting to Asia, is expected to China's machine tool consumption in 2015 will reach 45% of the global total.
In 2010, world consumption is 45 billion euros of the world machine tool. The top five consumer countries, China was 15.9 billion euros, an increase of 47%, compared to just 6 percent in 2009, accounting for 35.3% in the global machine tool consumption.
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