Germans like to use the recent “King” (XL) to describe this year to Germany’s surging economy. 2.2% in the second quarter of this year the growth has been the delight of the Germans, the recent economic situation in a range of agencies and unanimously forecast that the German economic growth this year will reach more than 3%. Report that next year even if the slowdown, growth will be above 2%. While the German model of economic development continued to be suspicious whether the long-lasting, but the economic crisis for Germany is the past. Germans believe that Germany’s economy is taking the broad road in a sunny, while Germany’s manufacturing industry is an achievement, “king” of the main driving force.

6, International Monetary Fund, fall 2010 release, “World Economic Outlook” report on the euro-zone economy less optimistic forecast of economic growth next year, only 1.7%, respectively, and 1.5%, of which the “exception” is Germany. As a leader in doing my part of the euro zone economy, Germany’s economic growth this year will reach 3.3% next year, will also be more than 2%. Major force driving economic growth of natural or export. Germany’s export growth this year, 16.75%, next year will increase on this basis, about 8%. The business community was also very high. A study of 700 enterprises in the survey in Germany showed that 58% of enterprises believe that the fourth quarter of this year, will continue to improve, 2 / 3 of the business prospects for the next 12 months, expressed optimism. Thriving manufacturing sector led the labor market active. This year, Germany’s unemployment rate decreased month by month. According to the German Institute for macroeconomic forecasting and economic prosperity, the number of unemployed fell this year, 20 million people, 320 million or so next year may be reduced to 290 million.

While export-led model of economic development out of the financial crisis the German shadow quickly, but other economies in Europe and America on the German model of discontent and even let the Germans to heart attacks, the greatest criticism of the German model is that the German economy to export The weak domestic demand has been driven. Latest data show that Germany’s investment and consumption is also a rising trend, which the Germans very excited. Improved the employment situation, income growth is expected to improve, and German consumers finally dare to spend money. German Institute for Economic Research reported that Germany’s domestic demand growth this year is 2.25%, 1.25% next year. From the figures show that domestic demand is far lower than the export growth, but substantial growth in exports during the financial crisis is a sharp drop in the relatively low base caused by the emergence of domestic demand and relatively stable growth of the German economy is significant. All economies in the next year, economic growth may slow down the case, the growth of domestic demand will support the sustained economic development in Germany, the Germans had retorted thus emboldened.

“Large number” of the German economy is the fundamental driving force “in Germany”, and “Germany” firm is “able to tap into a common metal that shocked the world of technological wonders.” It has been predicted that China is Germany’s manufacturing sector, “Terminator”, but the fact is, China, India and other emerging countries for the German manufacturing industry with an unprecedented, high-growth markets. Moreover, customers are willing to “Made in Germany” products are paid a premium is steadily growing. Even those who criticized the German export patterns of countries, it is still willing to buy German products. Information, Germany to the United States the world’s largest importer of export growth, since China since the late 1990s, twice. German economist Hermann Simon said, “China may be the world’s factory, but the German company is the maker of the world’s factory.”

It was also predicted that globalization will make the traditional German way longer than high-wage economies, not on the sick day, because the future belongs to high-tech and service industries, rather than old-fashioned manufacturing. However, the views of ordinary people to subvert the German, adhere to its own development model for other economies, has provided valuable experience.

Author Bio: We are high quality suppliers, our products such as car care manufacturer, china bus truck wash machine for oversee buyer. To know more, please visits car wash suppliers, and more.

Category: Business
Keywords: car care manufacturer, china bus truck wash machine,car wash suppliers,