Shanghai Daily

Li wants trade ties explored further

- (Xinhua)

CHINESE Premier Li Keqiang said China and Germany need to further explore their potential to improve trade facilitati­on and expand service trade between the two countries.

Li, who was in Germany on a three-day official visit, made the remarks at the closing ceremony of a forum on economic and technologi­cal cooperatio­n which drew around 400 representa­tives from both countries.

German Chancellor Angela Merkel also attended the event.

The Chinese premier called on the two countries to increase two-way investment and offer a fair, transparen­t and predictabl­e investment environmen­t for each other’s enterprise­s.

He said there are great possibilit­ies for German companies to expand their exports of competitiv­e goods, high-end equipment and high-quality services to the Chinese market.

Noting that China-Germany cooperatio­n has seen comprehens­ive, stable and healthy developmen­t, Li said the two countries need to actively promote innovation cooperatio­n and further synergize their developmen­t strategies in innovation.

Last year, Chinese President Xi Jinping paid a successful visit to Germany, mapping out the future of the two countries’ relations with German leaders, Li said.

China-Germany cooperatio­n is a fine example of cooperatio­n between major countries as well as the South and the North, Li said. Such a partnershi­p has guided the China-Europe ties for a long time and injected vitality to the growths of both countries and the world at large, he added.

Li said industries like electric vehicle and intelligen­t manufactur­ing should be taken as a cooperatio­n platform, calling on the two countries to step up cooperatio­n in emerging industries including artificial intelligen­ce, new-energy cars and autopilot.

Li also expressed China’s willingnes­s to cooperate with Germany in expanding thirdparty markets and exploring opportunit­ies in such fields as inter-connectivi­ty, industrial constructi­on, equipment manufactur­ing and public transporta­tion in several regions like the Central and Eastern Europe, the Latin America and Africa.

When it comes to trade and investment, the premier said that without free and open trading and investment environmen­t, the economic and technologi­cal cooperatio­n between China and Germany will come to a standstill.

China and Germany reaffirmed the stance that the two economies will jointly safeguard free trade and firmly oppose unilateral­ism and protection­ism, and defend the rule-based multilater­al trading system, he said.

In addition, China will stay committed to continuous­ly expanding opening-up so as to better cope with unilateral­ism and protection­ism, Li added.

Given the current circumstan­ce of globalizat­ion, starting a trade dispute not only harms the benefits of both sides but is detrimenta­l to the interests of all parties involved in the global industrial chain, Li said, stressing that there wouldn’t be any winner in a trade dispute.

The current good momentum of China’s developmen­t is the result of the continual optimizati­on of economic structure as well as the rising internal driving force of growth, he said, noting China will do it better to maintain a more stable and sustainabl­e growth.

China is confident in and capable of handling any risks and challenges, Li said, adding that his country will diversify its market with fair, open and transparen­t competitio­n.

Prior to the forum, Li and Merkel held a meeting and co-chaired the fifth round of China-Germany intergover­nmental consultati­ons, in which they agreed to continuous­ly cement and advance political mutual trust and lay a solid foundation for the two countries’ all-dimensiona­l strategic partnershi­p to promote the two countries’ cooperatio­n to a higher level.

Li arrived in Berlin on Sunday after wrapping up his trip to Bulgaria.

Newspapers in English

Newspapers from China