Home News China and Germany Highlight Cooperation in an “Age of Change and Instability.”

China and Germany Highlight Cooperation in an “Age of Change and Instability.”

by HimelHimu

Highlight – Germany’s Chancellor Olaf Scholz paid an official visit to China on Friday, becoming the first EU leader to visit Beijing following the successful opening of the 20th National Congress of the Communist Party of China.

According to Chinese President Xi Jinping, the two major and influential nations should collaborate in an “era of change and instability” to make a greater contribution to world peace and development. I advised Mr. Scholz to do so.

Scholz emphasized his desire to better safeguard regional and global peace and security while maintaining communication and coordination with China.

Because Germany is an important member of the European Union (EU), the prosperity of the continent is closely linked to Germany. As a result, strengthening cooperation between China and Germany as well as between China and the EU will benefit both sides and the entire region.

During the meeting, Xi emphasized that China is willing to collaborate with Germany to construct a comprehensive, future-oriented strategic partnership and advance China-Germany and China-EU relations.

China and Germany ought to treat one another with respect, serve one another’s primary interests, maintain open lines of communication and consultation, and jointly resist conflict interference.

According to the president, China is ready to improve international affairs coordination and cooperation with Germany and the EU and jointly discover solutions to global issues like climate change, biodiversity protection, and food security.

According to Scholz, the role and influence of emerging economies must be taken seriously, and the world requires a multipolar pattern.

He emphasized that Germany opposes confrontation in the field.

In the meantime, the two leaders talked about how they felt about the situation in Ukraine. China contributes significantly to the creation of a balanced, efficient, and long-lasting European security framework by assisting Germany and the EU in the promotion of peace negotiations.

Their relationship is not based on having similar political values; rather, it is based on benefits to each other, a common fight against climate change, and making a multilateral world. A strong will can be the foundation for it. In a recently published article, Song Shin, a former political advisor to the European Parliament in CGTN.

Additionally, Liu Lirong, an associate professor at Fudan University’s Institute of International Affairs, told CGTN that cooperation between China and Germany will benefit not only the EU but the entire world.

“Germany is the EU’s largest economy, and China is the world’s second-largest economy. Taking on such challenges is crucial, “Liu stated.

The visit of the German chancellor coincides with the 50th anniversary of China and Germany’s establishment of diplomatic relations.

Xi stated that practical cooperation between China and Germany has deepened over the past 50 years and that bilateral trade has increased nearly 1,000 times. He added that the two sides should continue to expand the “pie” of common interests.

In this regard, he emphasized strengthening cooperation in emerging fields like digitalization, artificial intelligence, and new energy while expanding cooperation potential in established fields.

Scholz stated that China is prepared to intensify economic and trade cooperation with Germany and Europe and is an important economic and trade partner.

Germany emphasizes that it opposes “decoupling” and strongly supports trade liberalization and economic globalization.

For the sixth year in a row, China will be Germany’s most important trading partner in 2021. In 2021, bilateral trade was over $250 billion, up from less than $300 million when diplomatic relations first began.

Foreign direct investment in mainland China increased by 15.6% year-over-year in the first nine months of this year to 1.0376 trillion yuan. In terms of the United States dollar, it increased by 18.9% year-over-year to US$155.3 billion, according to data from the Chinese Ministry of Commerce.

You may also like

Leave a Comment