Upbeat, local German firms to invest more: survey
By Crystal Hsu / Staff reporter
German companies in Taiwan are significantly more optimistic about the economy this year and, encouraged by the growth potential in digitalization, healthcare and biomedicine, many plan greater investment, the German Trade Office Taipei said on Thursday, as it released the results of its annual confidence survey.
A record 63.3 percent of respondents expect the economy to gain momentum this year, up from 25.8 percent last year, the trade office said.
Asked how certain they were that the economy would perform well over the next three years, respondents among the 251 German companies operating in Taiwan scored a confidence level of 65.4 percent.
German firms express record-high confidence in Taiwan s economy
02/04/2021 11:47 PM
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Minister of Economic Affairs Wang Mei-hua (left) and Axel Limberg (right), executive director of the German Trade Office in Taipei posing for a photo at the press conference Thursday.
Taipei, Feb. 4 (CNA) A record-high percentage of German companies in Taiwan - 63.3 percent - have predicted that the country s economy will improve in 2021, according to the German Trade Office Taipei (GTO) on Thursday.
The poll results indicated that German companies are significantly more optimistic about Taiwan s future economic development than in the previous five years, the report said. The confidence rate a year ago was 25.8 percent.