{"id":607472,"date":"2025-12-02T13:38:21","date_gmt":"2025-12-02T13:38:21","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/607472\/"},"modified":"2025-12-02T13:38:21","modified_gmt":"2025-12-02T13:38:21","slug":"buy-china-trend-price-wars-push-german-industry-to-localise-seeing-rivals-as-leaders","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/607472\/","title":{"rendered":"\u2018Buy China\u2019 trend, price wars push German industry to localise, seeing rivals as leaders"},"content":{"rendered":"<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">German companies are accelerating efforts to partner with Chinese rivals, conceding in fresh survey results that the local competitors appear poised to seize the lead in global innovation.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">While business sentiment among surveyed German firms in China has seen a slight uptick, optimism has been tempered by fierce price competition and a nationalist \u201cBuy China\u201d push, according to findings from the German Chamber of Commerce\u2019s 2025\/26 Business Confidence Survey.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">About 56 per cent of surveyed firms were planning to deepen engagement with Chinese partners, showing a \u201csharp\u201d increase from the last time the question was included in the survey in 2021, said Martin Hofmann, chairman of the chamber\u2019s North China chapter, at a press conference in Beijing on Tuesday, referring to when only 40 per cent of polled companies were planning to do so.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cIt shows very clearly that the German companies are reaching out to their [Chinese] partners to benefit from innovation, from strategy shifts, and also from the speed of implementation,\u201d he said, noting that strategic cooperation is the main way that companies are planning further engagement.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The annual survey polled 627 members of the German chamber in China, across sectors including machinery, automotive and business services, between September and October.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">With an eye on the next five years, a record 60 per cent of companies viewed Chinese rivals as current or future innovation leaders, continuing a shift in which domestic firms are seen as setting the technological pace.<\/p>\n","protected":false},"excerpt":{"rendered":"German companies are accelerating efforts to partner with Chinese rivals, conceding in fresh survey results that the local&hellip;\n","protected":false},"author":2,"featured_media":607473,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[3801,2574,51,190148,1395,28901,26314,1700,12726,39659,10026,1824,132392,84092,15396,16,15,23576,143851],"class_list":{"0":"post-607472","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-beijing","9":"tag-berlin","10":"tag-business","11":"tag-buy-china","12":"tag-china","13":"tag-chinese-companies","14":"tag-chinese-market","15":"tag-economy","16":"tag-ev","17":"tag-german-chamber-of-commerce","18":"tag-german-companies","19":"tag-germany","20":"tag-huawei-technologies","21":"tag-johannesburg","22":"tag-li-qiang","23":"tag-uk","24":"tag-united-kingdom","25":"tag-volkswagen-group","26":"tag-xpeng"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115650252506233074","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/607472","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=607472"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/607472\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/607473"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=607472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=607472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=607472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}