CATDOLL : CATDOLL: German economic structure or Italian economic structure

CATDOLL: German economic structure or Italian economic structure

Germany is a highly developed industrial country, with the largest economic power in Europe. Germany is a major exporter of goods, with half of its industrial products sold abroad. Germany's export volume now ranks second in the world. Nearly one-third of German employees work in the export industry. The main export products are automobiles, mechanical products, electrical appliances, transportation equipment, chemicals and steel. The main import products are machinery, electrical appliances, transportation equipment, automobiles, oil and clothing. The main trading partners are Western industrial countries.

The government pursued a policy of rectifying the national finances, reducing the budget deficit, carrying out tax reform, stimulating personal investment, further implementing privatization, reducing state intervention, and giving full play to the role of the market mechanism, so that the German economy continued to grow steadily. At the same time, it actively took measures to promote the development of information technology and adjust the economic structure. Natural resources are scarce. In addition to the abundant reserves of hard coal, lignite and salt, the country relies heavily on imports for raw material supply and energy. Two-thirds of primary energy needs to be imported.

Germany's industry is mainly heavy industry, with automobiles, machinery manufacturing, chemicals, and electrical equipment accounting for more than 40% of the total industrial output value. Food, textiles and clothing, steel processing, mining, precision machinery, precision instruments, optics, and aviation and aerospace industries are also well developed. There are many small and medium-sized enterprises, and the industrial structure is well-balanced. Products can meet 80% of the country's needs. The manufacturing, tourism, and transportation industries are well-developed. Germany is a major beer producer, and its beer output ranks among the top in the world. It is also the first country to successfully develop magnetic levitation railway technology. The high-speed train technology is perfect and the operation is safe and reliable. It is one of the countries in the world that has successfully developed high-speed trains.

Agriculture is dominated by small and medium-sized family farms, which are the foundation of German agriculture. There are obvious differences between farms in the east and west, with the share of agriculture declining, but animal husbandry continuing to grow. The agricultural-industrial complex and the integration of production and marketing guarantee the status of agriculture in industrial society. Farmers in northern Germany are more engaged in planting, while in the south, animal husbandry is more developed. In the planting industry, grain crops account for more than half of the cultivated land.

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