The German think tank released a Chinese research report on Wednesday, saying that China intends to compete for the world's high-tech leading position. This will bring challenges to Western industrial countries, and as far as Germany is concerned, economic growth may be curbed. According to German N-TV TV reports, China's new strategy, China Manufacturing 2025, will threaten the status of Western industrial countries. The Mercator China Research Center in Berlin released a research report on China's manufacturing 2025 on Wednesday. According to the report, China's goal is to first update production equipment and then strive to become a high-tech power. Chinese technology will not be acquired by the Chinese company. China's goal is to eventually replace Western technology with Chinese technology. From January to September this year, Chinese investors have invested more than 15 billion euros in EU member states and will approach 19 billion euros by the end of the year. In the first half of this year, China’s investment in the United States exceeded 17 billion euros. The report warns companies not to be fooled. The political and economic circles should not be confused by the short-term business opportunities brought by China Manufacturing 2025, but should carefully examine mergers and acquisitions from China. The EU should follow the example of the United States and conduct a national security review on foreign investment. China’s recent acquisition of German robot manufacturer KUKA, chip equipment manufacturer Ai Siqiang and lighting company Osram has sparked heated controversy. The German "News" said that this is only the beginning of Chinese mergers and acquisitions of foreign companies. However, China’s strategic goals are high and may not be realized. Madkuri, general manager of the German Federal M&A Association, said that as of now, about 200 companies in Germany have been acquired by China. In the first half of this year, the amount of M&A transactions between China and Germany was much larger than in the past. According to data released by the Ministry of Commerce on the 15th, the cumulative foreign investment in China in the first 11 months of 2016 was US$161.7 billion, a year-on-year increase of 55.3%, and the growth rate was more than three times that of the same period last year. Among them, China’s foreign direct investment in November was 15.74 billion U.S. dollars, a sharp increase of 76.5% year-on-year; the newly signed contract amount was 26.95 billion U.S. dollars, a year-on-year increase of 91%. Chinese companies' overseas mergers and acquisitions have almost entered all industries of the national economy, and manufacturing mergers and acquisitions are close to 30%. According to the data of the Ministry of Commerce, from January to November, there were 561 overseas M&A projects of Chinese enterprises, with a transaction amount of US$82.4 billion (including overseas financing), of which the manufacturing industry ranked first with nearly US$23 billion in M&A. After more than one year of shareholding increase and acquisition process, China Midea Group will acquire almost all shares of KUKA in Germany after the successful offer at the beginning of next year. However, since the US launched an acquisition campaign against KUKA, officials from Brussels and Berlin, including the German Minister of Economy (Sigmar Gabriel) and the German Commission of Europe, Guenther Oettinger, have expressed concern because KUKA is One of the key enterprises in the so-called Industry 4.0, German political circles are worried that advanced technology of great significance to the future will be transferred to China. In recent years, Chinese companies have set off a wave of acquisitions in Germany. Old-fashioned forklift manufacturer Kion, cement pump manufacturer Putzmeister and special machinery manufacturer KraussMaffei have been China. Company holding. However, there have been martyrdoms. When China’s Fujian Hongxin Fund acquired the German semiconductor company Ai Siqiang, US President Barack Obama even issued a presidential executive order to declare the acquisition invalid due to security reasons. Under pressure, it eventually led to the acquisition of abortion. The China Manufacturing 2025 Guideline was issued by the State Council in May 2015. The outline proposes the basic policy of innovation-driven, quality-first, green development, structural optimization, and talent-oriented. It adheres to market-led and government-led, based on the current and long-term perspective. , the overall promotion, key breakthroughs, the basic principles of independent development, open cooperation, through three steps to achieve the strategic goal of manufacturing a strong country: the first step, into the ranks of manufacturing powers by 2025; the second step, to 2035 China's manufacturing industry The overall level reached the middle level of the world's manufacturing powers. In the third step, by the time of the founding of the People's Republic of China, the status of China's manufacturing powerhouse has become more consolidated, and its comprehensive strength has entered the forefront of the world's manufacturing power.
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