Ex­pert says goals are com­ple­men­tary

China Daily (Hong Kong) - - XI'S VISIT -

ex­change, she added.

This year marks the 45 th an­niver­sar y of the es­tab­lish­ment of China-Ger­many diplo­matic ties. Dur­ing Xi’s first state visit to G er­many, the coun­tries lifted bi­lat­eral re­la­tions to a comprehensive strate­gic part­ner­ship.

Bi­lat­eral trade vol­ume reached $151.3 bil­lion in 2016, and China be­came Ger­many’s largest trad­ing part­ner for the first time last year.

Ul­rich Blum, a Ger­man econ­o­mist at Martin Luther Uni­ver­sity of Halle-Wit­ten­berg, said the two coun­tries are ideal part­ners that com­ple­ment each other in var­i­ous fields.

“Ger­many has a sta­ble in­dus­trial struc­ture and high­end tech­nol­ogy. What it lacks is mar­kets of suf­fi­cient size in which it can roll out its com­pe­ten­cies and scale up pro­duc­tion. Those are avail­able in China,” Blum said.

China’s in­tel­li­gent work­force has gen­er­ated growth rates in re­cent decades of about 10 per­cent an­nu­ally, he said, adding that it is one of the key fac­tors in Ger­many’s global suc­cess.

Zhou Wa contributed to this story.


Peter Tamm, di­rec­tor of the In­ter­na­tional Mar­itime Mu­seum in Ham­burg, says relics of the an­cient Silk Road on dis­play have lessons to teach to­day’s global lead­ers.

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