CCI Business Barometer for the General Election 2017 - DIHK clarifies economical challenges and requirements

25/09/2017

How competitive is Germany as a business location? What should the newly elected federal government deal first from the point of view of the companies? What does they think about the future question of Education and Digitalisation?   The DIHK evaluated round 1,800 responses in their CCI Business Barometer for the General Election 2017. The survey took place from September 6-13, 2017.

 

The Main Results of the CCI Business Barometer for the General Election 2017:

• In the long run, growth and prosperity can only be realized by means of well-trained skilled employees. In the assessment of companies the vocational training system remains the guarantor of this. In comparison, the quality and practical suitability of university qualifications is falling somewhat short from the point of view of industry. In spite of the high quality: Businesses are very concerned about the reduced availability of skilled employees.

• Furthermore, the companies’ assessments of the framework conditions for business investments show a number of weaknesses of the domestic location. The corporate taxation system is becoming less competitive in international comparison and is no longer up-to-date from point of view of industry. The worst rating by businesses is awarded to the bureaucratic processes in Germany – and that by far.

• Therefore, in the view of companies, the most urgent task of the new federal government is to reduce bureaucracy – and thereby create more room for manoeuvre in terms of entrepreneurship. Small companies are particularly negatively affected by the high level of controls and monitoring. Here it is important to take advantage of the digitalisation of administrative services in order to relieve the bureaucratic burden. Moreover, full consideration should be given to EU law with respect to the bureaucratic brake of "one-in-one-out".


• Digitalisation is in second position in the list of priorities. The majority of companies are calling for the new federal government to focus in particular on digitalisation topics such as improving broadband networks, e-government and IT security. An across-the-board fibre-optic infrastructure is required by 2025. The hundred most important administrative services should be digitalised as soon as possible.

• Companies also consider the regeneration and expansion of the traffic infrastructure to be an urgent concern (third priority for the new federal government). The poor condition of roads, railways and waterways is an obstacle to the business of many companies. The funds for the transport infrastructure therefore need to be permanently increased and the planning capacities adjusted accordingly.

• Nine out of ten companies state that the level of acceptance of commercial activities is declining and that society does not really appreciate economic activity. Investments and expansion efforts by companies often receive a negative assessment in the regions. And yet they are the precondition for the creation of jobs and prosperity.

 The full report and analyse you can find below.