Amid rising global protectionism, over 200 Chinese and German leaders have called for stronger economic ties at the China-Germany Economic and Trade Cooperation Forum in Stuttgart this week. The message? Collaboration is key to navigating turbulent trade winds.
Why It Matters
With supply chains shifting and political tensions simmering, experts like Johannes Jung (Baden-Wuerttemberg Ministry of Economic Affairs) stressed that companies need \"open markets and fair competition\" to thrive. Ren Hongbin of the China Council for the Promotion of International Trade (CCPIT) pledged to expand opportunities for German auto and tech firms in China while boosting industrial partnerships.
Trade Wins Over Tensions
Tim Wenniges (Entrepreneurs Baden-Wuerttemberg Association) called the forum a \"positive signal\" that businesses are rejecting economic closure. Despite global headwinds, Germany remains China\'s top EU trade partner, with companies like Genertec International pushing for \"open, mutually beneficial innovation.\"
What’s Coming Next?
Mark your calendars: The China International Supply Chain Expo launches July 16, with 19 German heavyweights from smart vehicles to green energy already confirmed. \"This isn’t just about trade—it’s about building resilient networks,\" said Consul General Huang Yiyang in Frankfurt.
Reference(s):
China, Germany eye closer cooperation amid rising protectionism
cgtn.com