China's first ultra-American to become Germany's largest importer of electronic products

Reporter 23rd from the German Federal Foreign Trade and Investment agency learned that, according to the German Electrical and Electronic Industry Association (ZVEI) statistics, 2014 China for the first time to surpass the United States, to become the most imported electronic products from Germany countries.

Last year, China imported 12.3 billion euros worth of electronic goods from Germany, up 15.9% from the previous year, according to Zvei. Among them, the main imported products are Automation technology, industrial control and switching equipment, metering technology and electronic components. The United States followed, with imports increasing by 3.2% to 11.3 billion euros. France ranked third.

Despite global economic slowdown, exports from Germany's electronics sector, including re-export, rose by 3.9% to 136.8 billion euros last January to October. The actual production of the electronics industry in Germany grew by 2.4% from January 2014 to November.

The industry association predicts that German electronics prices will rise by 1.5% in 2015. Sales will increase to 174 billion euros.

German electronics industry makers have made encouraging achievements in the face of last year's tough environment, according to the German Federal Foreign Trade and Investment agency, Max Milbredt, which shows the strength of the German electronics industry.

In addition to being the largest importer of German electronics, he added that China was also the country with the largest number of investment projects in the German electronics industry, and that this was a testament to the close cooperation between the two countries in that area.

To promote industrial upgrading, Chinese authorities have paid more attention to the importation of High-tech products in recent years. The executive meeting of the State Council, held on September 29, 2014, proposed to implement an active import promotion strategy, strengthen imports of technology, products and services, and encourage the expansion of the import of advanced technology equipment and key components, and adjust the catalogue of encouraged imports of technology and products. Finish)