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Germany sees surge in FDI projects from China: report

Tan KW
Publish date: Thu, 16 May 2024, 08:08 AM
Tan KW
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BERLIN, May 15 -- Germany saw a surge in foreign direct investment (FDI) projects from China in 2023, according to the latest FDI report by the Germany Trade & Invest (GTAI), released on Tuesday.

The report revealed a 42-percent year-on-year increase to 200 projects, marking a new high since 2017. Investments by Chinese companies in Germany's renewable energy sector increased substantially, constituting one-fifth of their total FDI projects and tripling their numbers from 2022.

 


  - Xinhua

 

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