German machinery China

Quality assurance and Compliance in the machinery sector in China

By Richard Hoffmann, ECOVIS Beijing When asked about the biggest challenges while doing business in China, European machine builders particularly often mention two terms: The assurance of quality as well as cultural differences in business practices/compliance. Situations and business practices which are...

Increasingly fierce competition for European machinery companies in China

By Richard Hoffmann, ECOVIS Beijing China changes and develops on a daily basis. Same applies for the country's machinery industry. Within the last decade, the market grew by approx. 9% YOY, and now amounts to €66.2 billion. With a share of 30%...