1746-BAS 1746-BAS-T

1746-BAS 1746-BAS-T

Feist G, chairman of the German Federation of machinery and equipment manufacturers, said, we must always be vigilant. Companies must be able to distance themselves from competitors in Asia through innovation." Feist G stressed that German companies must always maintain their advantages. At the same time, we should also increase the middle and low price products to further expand production in the local.

China is already the third largest exporter of machinery
Over the years, China mechanical products in the world market has occupied strong, according to the survey, in 2012, Chinese exports of machinery and equipment has surpassed Japan to become the world's third largest exporter of machinery, occupy the market share of 11%. German machinery products in the international market accounted for 16.1%, is the world's largest exporter of machinery and equipment, the United States occupy the international market of 12.1%, ranking the world's top second.
Feist G said that German machinery manufacturers usually invest 4.5% of their profits in new product development and technical improvements. But quality alone does not guarantee a successful occupation of the international market. Feist G said: "we have to find the right combination to provide customers at all levels with the products they can afford." This goal can be achieved through cooperation with local vendors. In addition, manufacturers can also provide a simple mechanical equipment for their high-end products to establish a protective wall.193W228BAG01
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