Reference News website, February 25 report: According to the Hong Kong South China Morning Post website, February 23 report, German industry has been criticized for its slow transformation, but in one area, German entrepreneurs have observed a rapid shift.
"The speed of China's position shift and the change in views of member companies towards China is called 'China speed'," said Oliver Richter-Berg, director of foreign trade at the German Mechanical Engineering Industry Association.
The report points out that the institution where Richter-Berg works represents more than 3,000 "hidden champions" in Germany. These manufacturers produce components and machinery that support many well-known consumer brands, and have long been the cornerstone of this European economic powerhouse.
However, these manufacturers are now in trouble. Richter-Berg hopes that Mertz will use his first visit to China as German Chancellor to help them solve their problems.
The report says that, in addition to Beijing, Mertz will also visit Hangzhou, a technology center. It is reported that he will lead a business delegation of about 30 people on the visit, which is the largest business delegation accompanying a German leader to China since former Chancellor Merkel's first term.
"China is moving towards the global stage, and we are experiencing it firsthand," Richter-Berg said, "Our workforce is decreasing, and exports are declining."
The report points out that in the context of global instability, some large German companies have increased their investments in the Chinese market.
More and more automotive and chemical giants are starting to produce products for the Chinese market, in order to protect their businesses in China during the trade war. (Translated by Zhu Li)
Original: toutiao.com/article/7610766379465146931/
Statement: This article represents the personal views of the author.