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Stronger Sino-Germany cooperation expected


08:42, April 24, 2012

BEIJING, April 23 (Xinhua) -- When Klaus Taafel decided to start a solar energy joint venture with his Chinese partner in east China's Shandong Province more than ten years ago, he saw huge potential in the domestic market and was eager to introduce German solar technology to China.

The Sino-German partnership has proven successful in the time since. Linuo Paradigma, a joint venture between the Chinese Linuo Group and Taafel's German Paradigma Group, has turned into a clean energy giant with a registered capital of 60 million yuan (9.52 million U.S.dollars).

"The first four years were not easy," said Taafel. "To bridge our differences, both sides had to learn more about each other's culture. This mutual trust and learning has been the key to our success."

The joint venture is now one of the largest solar technology providers in Asia, with four production centers in China and one in Cuba.

Like many German investors and entrepreneurs, Taafel is confident about the company's future expansion in China and the global market.

"With our extensive product portfolio and deepening ties between China and Germany, all doors are open to us," he said.

Technology has become a key player in cooperation between both nations, which have become each other's largest trade partners. A continued rise in mutual investment and technological exchanges are expected to boost ties between both countries, as it has in previous years.

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