Hessen favorite destination for Chinese investors

As Chinese investors head for Europe in search of new opportunities, Germany's wealthiest state of Hessen is being viewed as a key target.

Official figures show nearly half of the state's newly opened enterprises are Chinese, and local investment authorities expected the momentum to continue.

More than 500 Chinese companies, including Huawei and Haier, have already invested there, while it is believed that around 700 of Hessen's registered German companies now have an interest in China.