Machinery exports drove Germany's exports to China in 2009 to grow by 7%

Statistics released by the German Federal Statistical Office on the 22nd show that Germany's exports to China in 2009 increased by 7% to 36.5 billion euros (about 49.4 billion US dollars).

The data shows that Germany's machinery exports are the main driving force behind last year's growth in China's total exports. In 2009, German machinery exports to China increased by 4.3% to 11 billion euros. This was followed by the export of German cars and auto parts, which increased by 18% to 6.4 billion euros.

Although exports to China have increased, due to the financial and economic crisis, Germany’s total export volume in Europe’s largest economy last year fell by 17.9% to 808.2 billion euros.

The German Chamber of Commerce also issued a report on the same day that 37% of German companies surveyed said they had plans to invest in China. This ratio is higher than the 32% surveyed last year.  

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