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The Cooperation between Germany and China for Industry 4.0

Asya Grigorova Tsonkova
University of National and World Economy, Economics of Transport and Energy Department, Sofia, Bulgaria

Abstract—Industry 4.0, which we are currently in, is creating a new type of business environment. Europe is actively changing, which gives rise to the necessity for strong international partners; and it is precisely China that represents the major investor with an active interest in Industry 4.0. Industry 4.0 was created by the Federal German government to preserve the competitiveness of German industry in the long run. It is for precisely this reason that Germany becomes a dream partner for China. The necessity for studying the problems of the emerging close cooperation between Germany and China based on Industry 4.0 is vital not just for the European market but for global business as well because it will have a major influence on future economic and technological changes on a European level and a global level. China and Germany are among the largest economies in the world, but whereas Chinese industry is largely based on significantly low labor costs, German industry is based on continuous technical progress. In recent years Chinese industry has had an urgent need for the development of new and less labor-consuming manufacturing practices, which requires more automated machines and robots to be integrated in autonomous manufacturing structures. "A journey of a thousand miles begins with a single step." (Chinese proverb)

Index Terms—Industry 4.0, Germany trade, China trade, digitalization, industrial software, internet of things, international standards, digital technology

Cite: Asya Grigorova Tsonkova, "The Cooperation between Germany and China for Industry 4.0," Journal of Industrial and Intelligent Information, Vol. 8, No. 2, pp. 27-31, December 2020. doi: 10.18178/jiii.8.2.27-31

Copyright © 2020 by the authors. This is an open access article distributed under the Creative Commons Attribution License (CC BY-NC-ND 4.0), which permits use, distribution and reproduction in any medium, provided that the article is properly cited, the use is non-commercial and no modifications or adaptations are made.


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