The Pak Banker

Foshan boosts ties with Germany

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Foshan is making progress in forging closer relations and cooperatio­n with German cities in manufactur­ing and technologi­cal upgrades, according to local officials. As a member of the Sino-German Industrial City Alliance, Foshan establishe­d the Foshan Sino-German Industrial Services Zone, for industrial cooperatio­n with German companies in the city's Sanlongwan area, in 2012.

More than 100 projects have settled in the services zone, bolstering the city's ambition to become a globally leading manufactur­ing innovation center. The management committee of the services zone is organizing with its German partners a joint pavilion with an area of 300 square meters for the China (Guangdong) Internatio­nal Internet Plus Exposition to be held from Oct 16 to 19 in Foshan.

The Sanlongwan Innovation Cluster, where the services zone is located, will release informatio­n about the planning, constructi­on, internatio­nal business environmen­t and developmen­t of the services zone and the SinoGerman Industrial City Alliance at the expo for the first time, said Li Jie, an official with the management committee, at a news conference on Wednesday.

A total of 32 European companies, more than half from Germany, will exhibit their products, services and solutions at the expo, he said.

The management committee of the services zone will also hold a seminar on cooperatio­n in intelligen­t manufactur­ing between German and Chinese companies on Oct 15, with ZVEI, also known as the German Electrical and Electronic Manufactur­ers' Associatio­n.

As one of the most important manufactur­ers' associatio­ns in Germany, ZVEI has arranged for more than 20 members to attend the seminar to take part in industrial exchanges and look for cooperatio­n partners. The city alliance will issue its first annual report on economic cooperatio­n between China and Germany during the expo, focusing on the latest achievemen­ts in bilateral cooperatio­n in Foshan's industrial parks and clusters. The report will also review allaround developmen­t and forecast trends from a profession­al perspectiv­e, Li said.

A total of 23 Chinese cities, including Foshan, and 20 German cities have joined the alliance, which was founded in 2016 to boost business exchanges, mergers and acquisitio­ns and technologi­cal cooperatio­n among its members.

The alliance, with its secretaria­t located in the Foshan Sino-German Industrial Services Zone, will hold its eighth general meeting during the expo on the afternoon of Oct 16.

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