The "2024 Foreign Investment Report" recently released by the German Federal Office for Foreign Trade and Investment shows that a total of 1724 foreign direct investment projects settled in Germany in 2024, with foreign companies investing a total of 23.2 billion euros in Germany. The report also shows that the investment scale of Chinese enterprises in Germany will remain stable in 2024, ranking third, only slightly lower than that of the United States and Switzerland. Overall, foreign companies in Germany have relatively large investments in key strategic industries, with a combined investment in digitalization, energy and raw materials, electronics, and automation accounting for 48% of the total foreign investment in Germany in 2024. The German government has established multiple economic parks and free trade zones, implemented policies and measures such as tax incentives, simplified approval processes, and optimized business environment to actively attract foreign investment. It also encourages enterprises to innovate in technology and management by providing research and development subsidies and intellectual property protection. Robert Hermann, Chief Operating Officer of the German Federal Office for Foreign Trade and Investment, believes that the stable policy framework, leading innovation capabilities, and advantages of being the largest consumer market in Europe are important reasons for Germany to maintain strong foreign investment attraction. As the agency of the German Federal Government for foreign trade and domestic investment, the German Federal Foreign Trade and Investment Agency specializes in providing consultation and support to foreign companies entering the German market, and assisting enterprises established in Germany to enter foreign markets. Once investors determine which federal state in Germany to invest in, the agency will transfer the relevant consulting services to the corresponding local investment promotion agency. Attracting investment is one of the main tasks of local investment promotion agencies. Germany is an EU member state that attracts more investment from Chinese companies. Specifically, Chinese enterprises continued to be active in the field of renewable energy last year, with 31 investment projects. Electronic products and automation, transportation and logistics are also major investment areas. From the perspective of business types, marketing and sales projects account for 41%, while production and research and development projects account for 26%. Chinese companies have continued to invest in many new projects in Germany. ”The report's author and expert from the German Federal Office for Foreign Trade and Investment, Thomas Boyan, stated that China ranks among the top source countries for German investment, and Germany is also one of the biggest beneficiaries of China's investment layout in Europe. He introduced that more Chinese enterprises are focusing on emerging fields such as renewable energy, battery supply chain, automotive, medical technology, robotics, especially software solutions for these industries. This strong investment trend not only exists in Germany, but also around the world. Sino German investment is a two-way process. According to a recent survey conducted by the German Chamber of Commerce in China, 50% of companies plan to increase their investment in China in the next two years, and over one-third of the surveyed companies are accelerating localization in China. In April of this year, 36 companies in Huade jointly submitted a proposal to the then incoming German government, proposing that "Germany needs to increase investment in China instead of reducing it in order to maintain its important position in the economy. (New Society)