NANJING - Chinese investment in Germany jumped to $10.8 billion in the first half of this year, nearly twice the total volume of the past decade, an official with China's Ministry of Commerce said Monday.
Chinese investors invested $5.9 billion in Germany from 2005 to 2015, said Yi Yang, deputy director of the ministry's Investment Promotion Agency, during the 2016 China-Germany Investment and M&A Forum in East China's Kunshan, Jiangsu province.
Germany is China's largest trade partner in Europe. Trade between the two countries exceeded $160 billion last year, accounting for one third of the total volume between China and the European Union.
Germany's direct investment in China topped $40 billion in 2015, with over 8,200 companies opening branches in China. In the meantime, China has expanded investment in Germany, with over 2,000 companies operating in Germany.
"From the previous one-way investment from Germany to China to today's two-way investment, it is a major upgrade in trade relations between the two countries," Yi said.
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 130349 
