Sign in Subscribe
Foreign ministers

China and Germany Celebrate 50 Years of Diplomatic Relations

Strategic Insights

— 1 min read

Vice Foreign Minister Deng Li met with representatives of the German Chamber of Commerce in China and German companies to celebrate the 50th anniversary of diplomatic relations between China and Germany. The meeting highlighted the significant progress made in economic and trade cooperation between the two nations. German companies such as Volkswagen and Daimler have made substantial contributions to the Chinese market, and the German Chamber of Commerce has played a crucial role as a bridge between China and Germany.

Key Takeaways:

  • China and Germany celebrate 50 years of diplomatic relations, marking a significant milestone in their economic and trade cooperation.
  • German companies such as Volkswagen and Daimler have deeply cultivated the Chinese market, making positive contributions to the development of Sino-German relations.
  • The German Chamber of Commerce in China has maintained close exchanges and cooperation with China for a long time, serving as an important communication bridge between the two nations.
  • Last year, nearly 60% of German companies in China achieved business growth, and more than 70% plan to increase investment in China in the next two years, demonstrating confidence in the Chinese economy and market.
  • The German side expressed gratitude for China's long-term support to German companies, highlighting the importance of these relations for their business growth.
  • China hopes to continue deepening China-Germany and China-EU pragmatic cooperation, introducing the vitality and potential of the Chinese market to Europe and Germany.

Statistics:

  • Over the past 50 years, economic and trade cooperation has been a stable factor in Sino-German relations.
  • Since the outbreak of the novel coronavirus pneumonia, the "fast lane" between China and Germany has become the most stable and safest air route between the two countries.
  • Last year, nearly 60% of German companies in China achieved business growth.
  • More than 70% of German companies plan to increase investment in China in the next two years.
  • Volkswagen and Daimler are two leading German companies that have made significant contributions to the Chinese market.

Sources:

  • Vice Foreign Minister Deng Li's meeting with Feng Sihan, Chairman of the German Chamber of Commerce in China.
  • European Chamber of Commerce in China (ECCC).

Read more