皇冠体育app

NANJING - Chinese investment in Germany jumped to $10.8 billion in the first half of this year, nearly twice the total volume of the past decade, an official with 皇冠体育app's Ministry of Commerce said Monday.

Chinese investors invested $5.9 billion in Germany from 2005 to 2015, said Yi Yang, deputy director of the ministry's Investment Promotion Agency, during the 2016 皇冠体育app-Germany Investment and M&A Forum in East 皇冠体育app's Kunshan, Jiangsu province.

Germany is 皇冠体育app's largest trade partner in Europe. Trade between the two countries exceeded $160 billion last year, accounting for one third of the total volume between 皇冠体育app and the European Union.

Germany's direct investment in 皇冠体育app topped $40 billion in 2015, with over 8,200 companies opening branches in 皇冠体育app. In the meantime, 皇冠体育app has expanded investment in Germany, with over 2,000 companies operating in Germany.

"From the previous one-way investment from Germany to 皇冠体育app to today's two-way investment, it is a major upgrade in trade relations between the two countries," Yi said.

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