The strength of a veteran industrial power, Germany occupies 20%
Release Date : 2021/2/5 2:27:59  Click volume : 1276
German industrial products have always represented precision and high-end since World War II. Today, even when the major developed countries in the world have given up manufacturing and turned to finance, Germany has maintained its domestic industrial structure.

As a representative of global industrial products, Germany is still leading the trend of global mechanical products in today's diversified world economy. Under the impact of the global economic crisis, it still maintains a 20% market share in the global machinery industry.

The machinery and equipment manufacturing industry has always been the most employed industry in Germany. According to data from the German Machinery and Equipment Manufacturers Association, in 2010, 908,000 people worked in more than 6,000 companies in this industry. According to data from the German Machinery and Equipment Manufacturers Association, in the first half of 2011, the industry harvested a turnover of 94 billion euros, a year-on-year increase of 18.5%; exports totaled 68.9 billion euros, an increase of 18.2% year-on-year, of which 9.325 billion euros were exported to China, accounting for 41.5 of the total. %, China has become a large export market for German machinery and equipment, accounting for 13.5% of the market; the number of employees is 923,000; the operating rate of equipment rose to 89.9%. Among the 31 product areas in the machinery and equipment industry, German products are among the top exporters in the world in 21 areas, and almost all rank among the top three in the world in the rest.

German machinery is not without challenges now, although the high-end manufacturing of Chinese products does not pose a threat to it. However, in the relatively low-end low-end product areas, my country's mechanical products have posed a sufficient threat to them. Under the condition of ensuring quality, they are 20% cheaper than similar German products, and there is a tendency to come from behind.
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