65% of German enterprises in China are focused on the growth of investment in manufacturing

Almaty. July 1. Silkroadnews - Under the influence of the fall of economic growth in China, German companies have lowered profit forecast values, but are optimistic about the prospects of China's manufacturing industry. This is stated in the report of the Sino-German Chamber of Commerce, informs the newspaper "People's Daily".
The report noted that 65% of German enterprises in China are focused on the growth of investments in the manufacturing industry, ie sectors such as automotive, mechanical engineering and chemical industries. In comparison with the low cost sectors and low levels of technology they prefer technical capacious industry.
According to 82.4% of the surveyed representatives of German companies, the biggest challenge for them is the lack of skilled workers as well as increasing cost of labor and retention of professionals.