Expert says goals are complementary
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.