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China has become the largest export market for German machin

Xinhua News Agency, Berlin, May 20 (Reporter Zhu Sheng Zhang Yuhua) The latest data shows that in the first quarter of this year, China replaced the United States as the largest export market for Germany's machinery manufacturing industry.

Data released this week by the German Machinery Manufacturers Association shows that in the first quarter of this year, Germany's exports to China in the field of machinery manufacturing were 4.9 billion euros, a year-on-year increase of 20.3%; exports to the United States were 4.7 billion euros, a year-on-year decrease of 6.8% .

The German Machinery Manufacturers Association believes that the recovery of the global industrial economy is gradually improving the order situation, and German machinery and equipment manufacturing exports have increased. "The positive developments from China are not surprising, with many companies already feeling strong investment momentum in the last year."

Claudia Gruene, an expert from the German Federal Trade and Investment Agency, told reporters that the rapid recovery of German machinery manufacturing shows the attractiveness of Germany as an investment destination in this field.

The German Machinery Manufacturing Association has more than 3,200 member companies and is one of the major machinery manufacturing industry associations in Europe.
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