"Injecting New Energy into German China Economic and Trade Cooperation" Germany | Delegation | China Economic and Trade Cooperation

Not long ago, a delegation from the city government of Dusseldorf, the capital of North Rhine Westphalia in Germany, returned to China after more than three years and visited cities such as Shanghai and Shenzhen. "Many of our companies have business dealings with China," said Mayor Keller of Dusseldorf. "My trip to China is very important to me."

In China, Keller met with representatives of several German companies in China, including Henkel Group and Rheinland Metal Group, and visited places such as Shanghai New International Expo Center and Shenzhen Mawan Smart Port. "We are exploring current opportunities and challenges, as well as further cooperation and investment opportunities with our Chinese partners," Keller said. "China is now and will continue to be an important trading partner for Germany."

The closer friends get, the deeper cooperation becomes. Since February this year, Chinese business delegations from Zhejiang, Jiangsu, Guangxi, and Liaoning have successively visited Germany, held investment, exchange, and promotion activities, and signed multiple cooperation agreements. German politicians and business figures interviewed by our reporter stated that the exchange of visits between German and Chinese business delegations provides a more direct opportunity for economic and trade cooperation between the two countries. We look forward to deepening cooperation and adding new impetus to the development of bilateral relations.

In late March, at the Yangzhou City Industry Promotion Conference held in Dusseldorf, Noigart, Director of the North Wales International Commerce Agency, stated that cooperation between North Wales enterprises and Chinese partners is constantly deepening, with bilateral trade volume reaching nearly 48 billion euros. In terms of attracting Chinese investment, North Wales ranks first in all of Germany, with thousands of Chinese companies including Huawei, China Minmetals, Sany Heavy Industry, and Shanggong Shenbei settling here. "During the COVID-19, Chinese enterprises continued to expand their investment in North Wales. In the future, we look forward to strengthening cooperation with China in new energy, tackling climate change and other fields, so as to inject new impetus into Germany China economic and trade cooperation."

The President of the Dusseldorf Chamber of Commerce, Schmitz, stated that the more than 50 years of diplomatic relations between Germany and China have shown that both sides can benefit from trade and investment relations. "The Dusseldorf Chamber of Commerce is committed to creating a fair competitive environment in the international market and promoting economic relations between Germany and China through this.". He specifically mentioned that China is one of Germany's most important partners in sustainable energy production of raw materials and components. "We have generated synergies in many fields and must continue to cooperate in a pragmatic manner."

In late March, in Munich, the capital of Bavaria, guests from China and Germany jointly attended the China Germany High end Equipment Manufacturing Industrial Park Industry Cooperation and Exchange Conference, and witnessed the successful signing of numerous projects such as the China Europe Digital Alliance Digital Transformation and Enhancement Project and the German Kaiyuan Zhouyou Group Cultural and Tourism Cooperation Project.

Rita Loida, Director of China Affairs at the Munich Bureau of Labor and Economic Development, stated that Shenyang and Munich, as industrial hubs, have been vigorously promoting industrial transformation in recent years, and both sides have held many exchange activities. China is currently one of the most important trading partners of Bavaria, and many companies in Munich are active in the Chinese market. "In this challenging era, dialogue and communication are becoming increasingly important."

"Shenyang has many attractive policies and is also my second hometown. We share common goals, trust each other, and work together to promote high-quality development." Muller, Vice President of Non Production Procurement at BMW Group, has worked and lived in China for many years. He introduced that since 2010, BMW's cumulative investment in China has reached 94.5 billion yuan, and the Shenyang factory has become one of BMW's most important production bases in the world. BMW has proposed a strategy of "in China, for China, and for the world", actively improving the relevant industry chain in China. Currently, there are 429 suppliers in China, with an annual procurement amount of approximately 73.5 billion yuan.

Chinese Consul General Du Chunguo in Dusseldorf stated that China has announced multiple measures that are beneficial for foreign companies to invest in China. I hope that China and Germany can further deepen economic and trade cooperation, promote mutual benefit and win-win results, bring more benefits to the people of both countries, and make greater contributions to the healthy development of bilateral relations between China and Germany.

Friedman Hofiger, Chairman of the German Federation of Small and Medium Enterprises in the Lewandowski region, said, "Strengthening economic and trade exchanges between Germany and China is of great significance, and strengthening cooperation will help promote economic growth between the two countries. As long as both sides have the same vision, they will be able to work together and achieve coordinated development."