Ministry of Commerce: China highly values economic and trade cooperation with Germany, and will promote high-quality development of China-Germany economic and trade cooperation through practical actions.

On February 24th, a spokesperson for the Ministry of Commerce answered questions from reporters on the situation of Sino-German economic and trade cooperation. The spokesperson stated that Germany has always been China's largest trading partner and source of foreign investment in Europe, with deep integration of industries between the two countries and a continuously consolidated foundation for cooperation. In recent years, the trade volume between China and Germany has remained above 200 billion US dollars, and the total bilateral investment exceeds 65 billion US dollars, accounting for nearly a quarter of the overall scale between China and the EU. China attaches great importance to economic and trade cooperation with Germany, and is actively preparing for activities such as the Sino-German Economic Advisory Committee meeting to provide a platform for communication and dialogue for enterprises from both sides to offer advice and suggestions and to seek cooperation. The original text is as follows: Spokesperson for the Ministry of Commerce answers questions on the situation of Sino-German economic and trade cooperation A reporter asked: German Chancellor Angela Merkel will pay an official visit to China from February 25th to 26th. What activities are planned in the economic and trade field, and what achievements are expected? How do you evaluate the current development and future prospects of Sino-German economic and trade relations? In the more than 50 years since the establishment of diplomatic relations between China and Germany, bilateral economic and trade cooperation has deepened continuously. Germany has always been China's largest trading partner and source of foreign investment in Europe, with deep integration of industries between the two countries and a continuously consolidated foundation for cooperation. In recent years, the trade volume between China and Germany has remained above 200 billion US dollars, and the total bilateral investment exceeds 65 billion US dollars, accounting for nearly a quarter of the overall scale between China and the EU. During this visit, German Chancellor Angela Merkel will lead a high-level delegation of economic and trade representatives to China, with about 30 top executives from leading German companies in industries such as automobiles, chemicals, biopharmaceuticals, machinery manufacturing, and circular economy accompanying the delegation, fully demonstrating Germany's strong desire to deepen bilateral economic and trade relations. China attaches great importance to economic and trade cooperation with Germany, and is actively preparing for activities such as the Sino-German Economic Advisory Committee meeting to provide a platform for communication and dialogue for enterprises from both sides to offer advice and suggestions and to seek cooperation. This year marks the beginning of the "14th Five-Year Plan". We welcome German companies to seize the new opportunities brought about by China's high-level opening up to the outside world, continue to consolidate cooperation in traditional areas with China, and explore the cooperation potential in emerging areas such as clean energy, intelligent manufacturing, biotechnology, and industrial digitization. We hope to turn "cooperation opportunities" into tangible "cooperation achievements". China is willing to work with Germany to deepen mutual understanding and trust through dialogue and communication, support free trade, uphold a rules-based multilateral trading system, and promote high-quality development of Sino-German economic and trade cooperation through practical actions, effectively playing a role as a "ballast" and "propeller" for China-Germany and China-EU relations. This article is selected from the official website of the Ministry of Commerce. Editor: Jiang Yuanhua.