November 2024
ZVEI Foreign Trade Report Special: China
The Chinese electro market is by far the largest in the world. From 2010 to 2023 its volume nearly trippled. However, in view of the structural challenges facing the Chinese economy (including low consumption, the real estate crisis and demographics), it can be assumed that China has probably embarked on a lower growth path. This is also reflected in the growth rates expected by the ZVEI for the Chinese electro market.