At the CNC Machine Tool & Metalworking Exhibition and Industrial Automation Exhibition held in Shanghai recently, Marko Kolbe, an expert from the German Federal Foreign Trade and Investment Agency, said: "At present, the German machinery manufacturing industry is developing very well, and investors will benefit from Germany's strong industry. The foundation and excellent engineers, especially in the field of machine tools and automation, will bring more opportunities for Chinese investors. It is reported that this year, the German machinery manufacturing industry has developed vigorously. Among them, the growth rate of machine tool turnover is 30%, and the growth of machinery automation will reach 37%, which makes the industry continue to be the investment field favored by Chinese companies. Following the establishment of a factory in Sany Heavy Industry's investment of 100 million euros, Shenyang Machine Tool Plant announced that it will establish a European headquarters in Berlin in 2012. This is a new move by the company to enter Germany again after acquiring the German Heath machine tool factory.
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