Did you know that China has been Germany's most important trading partner for the eighth year in a row in 2023? 🤝 That's right! This year also marks the 10th anniversary of the all-round strategic partnership between these two global giants. 🌍
German Chancellor Olaf Scholz embarked on a three-day visit to China on Sunday at the invitation of Chinese Premier Li Qiang. And guess who's tagging along? Top executives from some of Germany's most renowned companies, including Siemens, Bayer, Mercedes-Benz, BMW, and Zeiss! 🚗💡
Zhou Hong, deputy chair of the Academic Division for International Studies at the Chinese Academy of Social Sciences, shed some light on this powerhouse delegation. "His visit aims to strike a balance in Germany's China policy. Companies, especially the big ones, are actually against de-risking or decoupling from China and believe China is one of the most reliable trade partners and economic partners, although they are also worried about the negative impact of geopolitical tensions and the United States' demonization of China," Zhou told CGTN. 📈
With Germany's GDP growth rate slowing down, German companies are eyeing China's booming economy as a beacon of opportunity. "German companies are optimistic about China's economic prospects, which is important to Germany," Zhou added. 🚀
So, why is China-Germany economic cooperation such a big deal? For starters, it's a win-win situation! Both countries stand to gain from strengthened ties, boosting trade, innovation, and global influence. Plus, in a world filled with uncertainties, solid partnerships like this one are more crucial than ever. 🌟
Stay tuned, amigos, because this collaboration is just getting started! The future is bright for China-Germany relations, and that's something to get excited about! 🎉
Reference(s):
cgtn.com
