The new Chinese five-year plan will further increase technological pressure on Germany and Europe. The plan also offers opportunities for mechanical and plant engineering - but China's current visa policy is not helpful.
"Made in China 2025" leads to intensified competitive pressure in mechanical and plant engineering. A new study examines various scenarios up to the year 2030. Companies in Europe can continue to benefit from the upswing in the People's Republic, but there is a growing danger of falling exports to the Far East.
The recovery from the corona pandemic is highly heterogeneous in developing economies that are very important for the mechanical engineering industry - Brazil, Russia, India, and China (BRIC). The latest VDMA business climate survey provides insights into these important markets.
Ulrich Ackermann, Head of VDMA Foreign Trade, explains why the mechanical engineering industry's view of China as an important trading partner is currently critical and which measures the EU must therefore now initiate.
This month we are updating our privacy statement to better understand what information we collect and why. We have also taken steps to improve our features to protect your information and privacy.
There is no change to your current settings or how your data is processed. We have merely improved the explanation of our procedures and explain to you in more detail what options you have to update, manage and delete your data.
We take the protection of your personal data and their confidential treatment very seriously.
General information about the scope of processing of your personal data and about your data protection rights can be found at www.vdma.org/datenschutz.
You can reach us at the following contact details: