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Business/Finance See other Business/Finance Articles Title: Germany's biggest investor country for 2014 is China Want... China became the biggest investing country in Germany in 2014 with a record number of investment projects, an official report showed on Monday. Last year, China invested in 190 greenfield projects in Europe's biggest economy, outpacing the United States and Switzerland which ranked the second and third with 168 and 130 projects respectively, said Germany Trade & Invest (GTAI), Germany's official economic promotion agency. Compared with the previous year, the number of greenfield projects from China increased by 37% in 2014. "China is a very important investment source country for Germany," said Achim Hartig, the investment chief of GTAI, "More and more Chinese companies plan to expand their European market by investing in Germany and to strengthen the influence of their brands." "With an investment amount of more than €200 million (US$217 million), Chinese companies created over 17,00 new jobs in Germany last year," said Cao Yi, Senior Manager of Public Relations in GTAI. According to the report, electronic and semiconductor, mechanical engineering, financial service, information and telecommunication technology and software were the leading sectors that attracted the most Chinese capital. While 51% of the Chinese projects were settled for sales and market support, nearly 10% of them were invested for manufacturing, research and development. Xinhua 2015-04-28 14:45 (GMT+8) A China booth at the Hannover Messe in Germany, April 14. (File photo/Xinhua) A China booth at the Hannover Messe in Germany, April 14. (File photo/Xinhua) China became the biggest investing country in Germany in 2014 with a record number of investment projects, an official report showed on Monday. Last year, China invested in 190 greenfield projects in Europe's biggest economy, outpacing the United States and Switzerland which ranked the second and third with 168 and 130 projects respectively, said Germany Trade & Invest (GTAI), Germany's official economic promotion agency. Compared with the previous year, the number of greenfield projects from China increased by 37% in 2014. "China is a very important investment source country for Germany," said Achim Hartig, the investment chief of GTAI, "More and more Chinese companies plan to expand their European market by investing in Germany and to strengthen the influence of their brands." "With an investment amount of more than €200 million (US$217 million), Chinese companies created over 17,00 new jobs in Germany last year," said Cao Yi, Senior Manager of Public Relations in GTAI. According to the report, electronic and semiconductor, mechanical engineering, financial service, information and telecommunication technology and software were the leading sectors that attracted the most Chinese capital. While 51% of the Chinese projects were settled for sales and market support, nearly 10% of them were invested for manufacturing, research and development. Post Comment Private Reply Ignore Thread
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