BERLIN, July 9 (Xinhua) -- About 90 percent of Chinese companies in Germany are satisfied with the German investment environment and have positively predicted the development prospects, according to the latest report released by the Chinese Chamber of Commerce in Germany(CHKD).
According to the report, 87.5 percent of Chinese-funded enterprises have “confidence” or are “very confidence” in their development in Germany; 46.3 percent of the respondents indicated that their parent companies will further increase investment in Germany in 2018, also expand production, R&D and sales business.
The report said that Chinese-funded enterprises have shown sufficient strategic and sustainable investment in Germany. Duan Wei, from CHKD, said that the overall performance of Chinese-funded enterprises in Germany has been stable, and the turnover and tax payment have risen steadily. Chinese-funded enterprises have maintained highly localized operations. The proportion of their German employees exceeds 85 percent. More than 60 percent of these companies have seen increases in employees in the past three years.
The report also pointed out that Chinese-funded enterprises still face many difficulties and challenges in investing in Germany. Nearly 90 percent of the respondents indicated that they lack access to information and are blocked by the German R&D system. About 30 percent of the respondents regard foreign investment review as an important factor in the investment and operation of Germany.
CHKD issued its annual report for the fourth consecutive year. A total of 80 Chinese-funded enterprises operating in Germany participated in the survey. (Edited by Ma Xin, maxin11@xinhua.org)
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