President Jiang Addresses German Business Representatives

Home>>World

Last updated at: (Beijing Time) Thursday, April 11, 2002

President Jiang Addresses German Business Representatives

Chinese President Jiang Zemin, speaking at a banquet hosted by the Asia-Pacific Committee of German Business, said that China welcomes businesses of all countries to enter into various forms of economic and technological cooperation with China so as to achieve a win-win result.

DISCUSSION

CHINESE

SEND TO FRIEND

Visiting Chinese President Jiang Zemin said Wednesday (April 10) in Berlin that German business and banking institutions are welcome to further cooperate with China to boost economic and trade relations between the two countries.

Jiang, speaking at a banquet hosted by the Asia-Pacific Committee of German Business, said the two countries have enjoyed a political relationship of mutual trust and a good economic and trade relationship, adding that broad potential exists for them to expand cooperation in various fields.

He said that China welcomes businesses of all countries to enter into various forms of economic and technological cooperation with China so as to achieve a win-win result.

China wishes more active cooperation

Jiang noted that Germany has advantages to cooperate with China in the fields of agriculture, transportation, telecommunication and energy industry.

He expressed the hope that German business and financial circles will take a more active attitude toward cooperating with China with their advanced technologies.

With a trade volume of 23.5 billion U.S. dollars, Jiang said, the two countries have scored remarkable progress in bilateral economic and trade ties, with Germany being China's largest trade and technological partner in Europe and China being one of the most important economic and trade partners in Asia.

In recent years, he said, the two sides have reached agreement on a series of major cooperation projects and Germany is expected to become Europe's largest investor in China. He added that such cooperation has brought about practical benefits to both sides.

So long as both sides are forward-looking and stick to the principle of mutual benefit, their economic and technological cooperation will surely improve further, Jiang said.

Jiang arrived here Monday afternoon for his second state visit to Germany, since his first in July 1995. Germany is the first leg of Jiang's two-week five-nation trip, which will also take him to Libya, Nigeria, Tunisia and Iran. He is scheduled to leave for Libya on April 13.

China and Germany

I. Political Relations

China and the Federal Republic of Germany established diplomatic relations on October 11, 1972, after which the bilateral relations have developed very smoothly.

II. Economic and Trade Relations

Germany is China's largest economic and trading partner in Europe. The bilateral trade volume reached a record US$14.35 billion in 1998 as opposed to only US$ 273 million in 1972.

III. Exchanges in Other Fields

China and Germany inked an inter-governmental Agreement on Scientific and Technological Cooperation back in October 1978. In 1993, the two countries signed the "Joint Statement on Conducting Cooperation in the Fields of Environment and Development between the Governments of China and Germany" and "Summary of Talks" aimed at furthering the inter-governmental cooperation in science and technology.

For more information, please visit the Ministry of Foreign Affairs

Questions?Comments? Click here

Chinese President on Ways to Maintain World Peace and Promote Common Development

Jiang: Development of Sino-European Ties Promising

Jiang Calls for Closer China-Germany Cooperation

>> Full Coverage