China’s in­vest­ment in Ger­many surges

China Daily (USA) - - BUSINESS -

Chi­nese in­vest­ment in Ger­many jumped to $10.8 bil­lion in the first half of this year, nearly twice the to­tal vol­ume of the past decade, a top of­fi­cial with theMin­istry of Com­merce said. Chi­nese in­vestors in­vested $5.9 bil­lion in Ger­many from 2005 to 2015, said Yi Yang. The deputy di­rec­tor of the min­istry’s In­vest­ment Pro­mo­tion Agency made his com­ments dur­ing the 2016 Chi­naGer­many In­vest­ment and M&AFo­rum in Kun­shan, Jiangsu prov­ince. Ger­many is China’s big­gest trade part­ner in Europe. Trade be­tween the two coun­tries ex­ceeded $160 bil­lion last year, ac­count­ing for one third of the to­tal vol­ume be­tween China and the Euro­pean Union. VadoHold­ing op­er­ates the Vado Reefer Ter­mi­nal in north­west Italy, one of the largest reefer ter­mi­nals in the Mediter­ranean re­gion, with an an­nual han­dling ca­pac­ity of 300,000 TEUs (20 Foot Equiv­a­lent) in ad­di­tion to 600,000 pal­lets. ex­pand its prod­uct range, es­pe­cially SUVs and newen­ergy ve­hi­cles, to meet grow­ing cus­tomer de­mand. per­cent gain for in­dus­trial pro­duc­tion last month. Man­u­fac­tur­ing out­put, the big­gest com­po­nent of over­all in­dus­trial pro­duc­tion, rose 0.2 per­cent in Septem­ber, re­vers­ing its de­cline in the pre­vi­ous month. week reached 1.343 mil­lion in the Septem­ber quar­ter, up 91,000 from the same pe­riod last year, ac­cord­ing to Sta­tis­tics Korea. It was the high­est level since the read­ing touched 1.54 mil­lion in the third quar­ter of 2011.

REUTERS

A vis­i­tor tries a vir­tual real­ity de­vice at the on­go­ing China Im­port and Ex­port Fair in Guangzhou, cap­i­tal of Guang­dong prov­ince.

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