Lederer Receives Large Order from China
Ennepetal-based Lederer GmbH will, for the undercarriage construction of 85 state-of-the-art trains, deliver fasteners like screws, nuts and DIN and standard parts with a value of almost EUR 1 million over the next two years. Read more
China Plans Global Leadership in E-Vehicles
China’s automotive industry is bypassing further refinement of the combustion engine and is instead aiming to blaze the trail for electric and hybrid vehicle technology. To reach this goal, the government is counting on massive tax incentives and subsidies. Read more
72 Percent of All Imports from Europe
In 2008 German companies imported goods to the value of 818.6 billion euros, 72.0 percent of which came from Europe (589.3 billion euros). Read more
Strengthening Commitment to China
90 percent of multinational corporations (MNC) remain committed to China despite rising costs, declining rates of domestic growth and decreased demand for Chinese exports. Almost 50 percent even plan China to become their major production site. Read more
Technology Imports from China Down Slightly
From January to November 2008 Chinese commodities at a value of 54.3 billion euros were imported to Germany. This is an increase of 5.6% compared with the corresponding period 2007. Exports rose by 14.3% to the amount of 31.3 billion euros. Read more
Management Training in China
Executives from EU-based small and medium-sized enterprises and non-governmental organisations (NGOs) have the opportunity to apply for a fully-funded training scheme that will qualify them as China experts in 2009. Applications for the EU-China Managers Exchange and Training Programme (METP) can be submitted until January 4, 2009. Read more
Europe needs to know China better
“The Hamburg summit: China meets Europe” is running until tonight in Hamburg. Former chancellor Helmut Schmidt said on the first day of the international economic conference: “A lack of knowledge regarding China’s historical achievements is one reason for the lack of respect paid by the West to China.” European readers of newspapers, TV watchers and Internet bloggers were able to understand and assess the huge progress made by China during the past thirty years only if they knew about Chinese history. Schmidt called on both sides, not to look down upon each other, but instead to learn from each other: “There were times, when the Chinese were ahead of the Europeans, and there were times, when the Europeans had an advance – evidently, the intelligence quotient seems to be equally spread on both parts of the earth.” Read more
