China News Agency, Berlin, November 19 (Reporter Peng Dawei) The latest report released by the international consulting giant KPMG on the 18th shows that Germany is favored by Chinese investors due to its excellent geographical location and unique positioning.

The report believes that major trends such as digitalization, environmental protection and sustainable development provide a wide range of market opportunities in Germany, especially for Chinese investors.

　　The report entitled "2022 Business Destination: Germany" is based on KPMG's survey of 360 corporate chief financial officers (CFO).

These CFOs represent the largest subsidiaries of international companies in Germany (Inbounds), including the subsidiaries of 30 Chinese companies.

The survey will be conducted from June 14 to August 16, 2021.

　　The report shows that although the epidemic is still ongoing, 43% of Chinese companies in Germany describe their economic conditions as "good" or even "very good".

57% of CFOs of Chinese-funded enterprises expect their economic conditions to improve in the short term, and 53% of them have a consistent view on the medium-term (about 5 years) situation.

43% of Chinese companies in Germany rated Germany as one of the top five regions supporting innovation in the EU.

　　Among companies in various countries, Chinese companies use Germany as their European headquarters (67%) more frequently, as compared to their activities in non-European countries (60%).

The report shows that the export share of Chinese companies in German subsidiaries is 55%, which is also the highest among all countries.

　　Andreas Glunz, the author of the report and the managing partner of KPMG’s international business in Germany, said that Germany is the most economically powerful country in the EU, and because of its very good overall assessment as a business destination, and Germany With its strategic logistics position in the center of Europe, Germany is a "beacon of leading the way" for Chinese investors who wish to enter the European Union and continental European markets.

He also pointed out that it remains to be seen whether Chinese companies will increase their investment in Germany because of Britain’s “Brexit”.

　　"Chinese companies CATL and Honeycomb Energy's multi-billion-euro investment in new battery plants in Saarland and Thuringia shows that Chinese investors are absolutely welcome in Germany." In response to Germany's attitude towards Chinese investment, Andrei Yas Grenz pointed out that if Chinese companies intend to build production facilities in Germany from scratch (the so-called "greenfield investment"), invest in future technologies and create jobs, they will obviously be encouraged.

"However, there is no doubt that people's views on mergers and acquisitions are more demanding." (End)