According to Xinhua News Agency, Berlin, December 14 (Reporter Hu Xiaobing) A report jointly released by the German Federal Foreign Trade and Investment Agency and the German Chamber of Commerce and Industry on the 14th in Berlin shows that China’s exports and foreign investment have shown sustained growth in recent years.
According to the report, from 2008 to 2013, China’s total export value increased from 1.431 trillion US dollars to 2.209 trillion US dollars, with a growth rate of 54.4%. The global market share of Chinese exports expanded from 1.9% in 1990 to 11.7% in 2013. At the same time, China’s foreign direct investment has increased significantly in recent years. In 2007, China’s share of global foreign direct investment was only 0.6%, and by 2014 it had risen to 2.8%.
According to Jürgen Friedrich, general manager of the German Federal Foreign Trade and Investment Agency, China’s exports in the fields of electronics, chemicals and machine manufacturing pose a challenge to German companies’ exports. In addition, under the impediment of the “going out” strategy, foreign direct investment by Chinese companies in the processing industry has increased rapidly.