Latest News:  
Beijing   Sunny    34 / 23 ℃  City Forecast

English>>China Business

Germany remains most attractive target for investors

By Fu Jing  (China Daily)

13:41, August 29, 2012

At the heart of Europe, the nation's economy has remained strong throughout the euro crisis, reports Fu Jing from Bedburg, Germany.

A 30-minute ride from the German city of Dusseldorf takes you to Bedburg, where there is a road called Sany Allee, along with a bus stop bearing this name.

The road leads to the gate of China's biggest green field investment in Europe so far, the German operations of heavy equipment manufacturer Sany Group Co Ltd.

Work is already in full swing at the No 1 production hall of Sany's factory, which has given a new lease of life to this former mining area in the Ruhr, Germany's industrial heart.

And plans are afoot to build the No 2 production hall at the factory, which mainly manufactures heavy construction equipment for the European and African markets

Involving a total investment of 100 million euros ($125 million), Hunan province-based Sany's factory, which took a year to build, opened for business in 2011.

The group set up Sany Germany Co Ltd in the German city of Cologne as its European headquarters in 2008, its third overseas regional headquarters and investment region after India and the United States. It also has offices in France, Italy, Poland and Turkey


【1】 【2】



News we recommend:
Prices fly for Angry Birds' merchandise Real Economy Faces Real Challenges Spirited into the world of e-commerce
E-shopping fuels domestic consumption Lake cleanup pays off big with tourist dividends China's beauty industry profits from a makeover
Taxing times for China's tax reformers  Experts divided on yuan’s future [Audio]Soccer in China Part III: The Business Side

Email|Print|Comments(Editor:李倩、厉振羽)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Court accused of forging Walmart docs in Dalian

  2. Childhood robbed by war

  3. Lake cleanup pays off big with tourist dividends

  4. China's Taoism shrine to mark 600th anniversary

  5. Nemo 33---The deepest pool in the world

  6. China army watch

Most Popular

Opinions

  1. Red moon threat reflects hollow fears on space
  2. Japanese diplomat in letter mission
  3. Editorial: Erring on side of caution
  4. Commentary: Transition of economy starts
  5. Chinese abroad must have better protection
  6. 'Great China' in the eyes of a Serbian journalist
  7. Italy's bonds sales key to economic strength
  8. Capital market needs clearing up
  9. Public needs to see where tax money goes
  10. Should China boycott Japanese goods?

What's happening in China

Local court accused of counterfeiting withdrawal notice in Dalian Wal-Mart case

  1. Guangzhou to start garbage classification
  2. Schools to offer classes in starting own businesses
  3. Writers, publishers recognized for work on China
  4. Tourists stumped by visa rules
  5. Public demands truth in Peking University scandal

China Features

  1. China no longer simply 'world's factory'
  2. Sharp depreciation of yuan unlikely
  3. Special Coverage: Chinese Valentine's Day
  4. Rare tornadic waterspouts appear in Guangxi
  5. Tips for 'Stopping the Heat' [Special]

PD Online Data

  1. Spring Festival
  2. Chinese ethnic odyssey
  3. Yangge in Shaanxi
  4. Gaoqiao in Northern China
  5. The drum dance in Ansai