"Invest in China" German special promotion event hosted by the Ministry of Commerce of China was held in Stuttgart. More than 300 Chinese and German guests gathered together for a "promise of thousands of miles" Germany's total direct investment in China will reach a record high of 11.9 billion euros in 2023, a year-on-year increase of 4.3%.
Germany is now Tianjin's second largest source of imports, including automobiles, aviation and mechanical equipment parts.