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China's bold move to fully open its manufacturing sector to foreign investment has sparked excitement among global industry leaders—especially in Germany. \"This is a game-changer,\" said a senior executive from a visiting German delegation, as 22 top-tier智能制造 (smart manufacturing) firms explored collaboration opportunities in the Chinese mainland this week.
Why it matters: As the world's second-largest economy removes barriers, German companies like Siemens and BASF see China not just as a market, but as an innovation partner. One exec told CGTN: \"Aligning with Chinese tech isn't optional anymore—it's essential for global competitiveness.\"
The numbers speak loud: China's manufacturing output grew 5.3% year-on-year in Q1 2024, outpacing most major economies. With new policies allowing 100% foreign ownership in sectors from EVs to robotics, Berlin-to-Beijing deals are expected to surge.
Pro tip for entrepreneurs: Watch for joint ventures in green tech and AI-driven production—areas where China's scale meets Germany's precision engineering.
\"This is a game-changer,\" said a senior executive from a visiting German delegation, as 22 top-tier智能制造 (smart manufacturing) firms explored collaboration opportunities in the Chinese mainland this week.
Why it matters: As the world's second-largest economy removes barriers, German companies like Siemens and BASF see China not just as a market, but as an innovation partner. One exec told CGTN: \"Aligning with Chinese tech isn't optional anymore—it's essential for global competitiveness.\"
The numbers speak loud: China's manufacturing output grew 5.3% year-on-year in Q1 2024, outpacing most major economies. With new policies allowing 100% foreign ownership in sectors from EVs to robotics, Berlin-to-Beijing deals are expected to surge.
Pro tip for entrepreneurs: Watch for joint ventures in green tech and AI-driven production—areas where China's scale meets Germany's precision engineering. 
