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Driven by China's economy, German industry is optimistic about its development prospects in 2021

       The German Association of machinery and equipment manufacturers predicts a 7% increase in production in 2021, compared with a 4% increase in the autumn, according to German business daily on April 12 local time. The German Association of electrical engineering and electronics industries is also optimistic about the development prospect in 2021, and its output is expected to increase by 5%. For the industry as a whole, the Federation of German industries expects production to increase by 8% in 2021.

       "When we can't go back to the normal mode, we can get a balance only by taking the epidemic as a new opportunity for innovation," federal Economy Minister Peter altmeyer said in an interview Nevertheless, the economy has not yet passed the critical peak, such as the continuous delivery of electronic parts, steel and metal products in the field of mechanical engineering. Export is very important in all industries, especially in China and other countries. In 2020, despite the severe impact of the epidemic in other industries, the export of the electrical industry to China will continue to grow by 6.5%. "Despite the epidemic, China has played a key role in German exports," said Gunther Kegel, head of the German Association of electrical engineering and electronics industries (CCTV reporter Li Changhao)

   2021/4/15
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