chinadaily.com.cn
    left corner left corner
    China Daily Website

    German, Chinese economy depend on each other

    Updated: 2013-03-20 10:31
    ( Xinhua)

    BERLIN - The rapid growth of bilateral trade and the increasingly closer economic ties between Germany and China during the past 20 years has led the two countries'economic interdependence to an unprecedented level, a study showed on Tuesday.

    The study, conducted by the research institute Prognos with the entrustment by the Bertelsmann Foundation, centered on a comprehensive analysis of German-Chinese trade relations.

    "The Germany-made machinery products play a key role for China's industry, while China is the most important supplier of consumer goods to Germany," said Helmut Hauschild, director of the Germany and Asia Program under the Bertelsmann Foundation.

    "This high level of interdependence gives a strong impetus to the governments of both countries to make even greater efforts to forge closer cooperation to create the market's openness and equal condition of competition for both German and Chinese firms," said Hauschild.

    According to the study, the Chinese industry has relied heavily on the import of German machinery.

    The study noted that the Germany-China interdependence has reached such a high degree that the Chinese economy would face difficulties if some of its strategically-needed machinery products from Germany fall in short supply, since many of the German machines are used in industries which account for a large proportion of China's production of exports.

    In the meanwhile, Germany counts more and more on the import of China-made textiles and clothing, as the market share of China's textile has climbed to over 31 percent by now, in comparison to mere 7 percent in 1992.

    Germany's dependence on China-made computers, laptops and other business items has also kept increasing drastically, with its share in Germany's market rocketing to current 44 percent, from less than 1 percent in 1992.

    Looking ahead into the future, the study anticipated some changes to Germany-China trade relations and patterns, as Chinese firms continue with their drive to reach the world's top level in high-tech sectors. The intra-industry trade will play an important role in German-Chinese trade, according to the study.

    The trend means that more and more German firms will directly face competition from their Chinese counterparts. To maintain their success in the Chinese market, German companies should keep their technological advantage and diversify their business sphere, said Hauschild.

    "The study shows that the German economy needs to invest more in research and development so as to survive in the long run in the face of the competition from China," said Hauschild.

    8.03K
     
    ...
    ...
    ...
    亚洲AV中文无码乱人伦下载| 亚洲激情中文字幕| 99精品人妻无码专区在线视频区| 东京热无码av一区二区| 中文字幕一区视频| 国产精品无码a∨精品| 免费无码中文字幕A级毛片| 无码H肉动漫在线观看| 人妻少妇久久中文字幕| 无码丰满少妇2在线观看| 亚洲国产午夜中文字幕精品黄网站 | 日本中文字幕免费看| 久久亚洲精品无码AV红樱桃| 最好看的中文字幕2019免费| av无码播放一级毛片免费野外| 欧美成人中文字幕在线看| 蜜臀精品无码AV在线播放| 中文字幕丰满伦子无码| 色噜噜综合亚洲av中文无码| 69ZXX少妇内射无码| 日韩av无码免费播放| 久久亚洲精品中文字幕| 99无码人妻一区二区三区免费| 十八禁视频在线观看免费无码无遮挡骂过 | 日韩中文字幕在线| 丰满人妻AV无码一区二区三区| 无码日韩人妻精品久久蜜桃| 中文字幕无码第1页| 亚洲日韩精品无码专区网址 | 视频二区中文字幕| 中文字幕精品亚洲无线码二区 | 中文字幕乱码免费视频| 日韩少妇无码喷潮系列一二三| 久久无码av三级| 精品人妻系列无码人妻免费视频 | 无码8090精品久久一区| 狠狠精品干练久久久无码中文字幕 | 久久ZYZ资源站无码中文动漫| 日韩中文字幕视频| 白嫩少妇激情无码| 亚洲AV无码专区亚洲AV伊甸园|