it is, above all, the three largest industries in china, consisting of mechanical engineering, automotive industry and business services, the current year and the previous year less optimistic expectations on the development in its industry as not fulfilled see. " we have an absolute reduction of neuwagenabsatzes 2018 in china. although the country is still the world leader for autoabsätze, but after the high rates of growth in the past few years, we can see a cooling off since the beginning of the year, "said dr. stephan wöllenstein, president of the gacc of north china and future ceo for the operational business of vo lkswagen in china.
german companies are continues to lead

china is not only one of the largest markets of german automakers since 2016, china is germany's major trading partner, and china's main trading partner is germany 'in the eu. but for the present report, there are a number of reasons, some have been criticised. for example, bureaucracy, administrative barriers, uncertainty and unclear regulatory framework to the classics, which runs like a thread through the year's 38 pages long survey.

but there is also a high confidence in their own ability to innovate. while in summer, 43 percent of the firms surveyed the european chamber of commerce in china expect that in the next two years, with increased competition from domestic manufacturers would have to fight, people are german companies in this respect now, growth apparent. only 35 percent expect the chinese competitor in the next five years, leaders in their industries, could rise to six percentage points less than last year. in addition, 43 percent of respondents, german companies have this as unlikely.

dissatisfaction with economic increase
but china's economy is by beijing planned reforms in change and is becoming more and more of an investment and export driven economy to a service-oriented. according to the beijing statistics 400 million strong middle class in china fueled this through their life, and especially with their use. in the past year, this already made more than 60 per cent of gross domestic product. however, the economic recovery of the past 40 years, the contribution that a third of the population of china's middle class, is closely connected with china's opening up under deng xiao ping, to an unprecedented and successful economic development. zen of foreign and chinese enterprises equally led to.
"german companies have created a million jobs in china," freudenberg manager bettina's behazin, chairman of the ahk shanghai, the fairer conditions of competition requires. about 50 per cent of the respondents ahk china members believe in the commitment of the chinese government to further market opening, but dissatisfaction with the economic reform is increasing. especially on the trade disputes with the us in the business environment. although the majority of ahk members not directly affected, since only a fraction of the german companies in china to export their products, but also produce primarily for the local asian market. however, they also indirectly by the low intention to use drugs of the chinese population.(徳囯ASK电容器)