Germany and China increase economic cooperation
Peter Ammon, State Secretary of the German Federal Foreign Office, made his remarks during an interview on the sidelines of the Guangzhou stop in cultural festival “Germany and China—Moving Ahead Together”. He said that with today’s background of the global financial chaos, it is crucial for Germany and China to increase economic cooperation.
Trade between Germany and Guangdong province in China, which is larger that the trade between Germany and India, is expected to hit a record high this year, said Michael Schaefer, German ambassador to China. There should be more room for a growth of the trade between Germany and Guangdong considering the economic strength of the province. According to Liu Xiaojie, deputy secretary general of Guangdong provincial government, trade between Guangdong and Germany hit $16 billion last year, which represented a 15 percent growth from the previous year. He also said, by then, German businesses like Siemens, Allianz, Osram, Bosch and Henkel had invested $1.5 billion in 296 projects.
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Sustainable urban development is a pressing issue in Guangdong, home to a number of rapidly expanding and populous cities, said Ammon. “Cultural show now in Guangdong is to jointly seek solutions to the major challenges brought by urbanization.” During the course of its development, Guangdong needs to import a huge amount of resources and is under great environmental pressure, Liu said.
The cultural festival between September 27 and mid-December, featuring 14 cultural, 15 educational and technological and 11 environmental and archeological events and seven business forums, Liu said. The Guangzhou stop follows those in Nanjing, Jiangsu province and Chongqing municipality.
During the stop in Chongqing, the event was accompanied by an extensive cultural and stage program. Furthermore, some German firms, including those engaged in insurance, environmental technology and logistics, considered investing in the city, Schaefer said. As Chongqing aims to find economic and ecological balance, archeological, design and city planning firms found opportunities in the city.
Under the joint effort of German Federal President Horst Koehler and Chinese President Hu Jintao, the traveling festival was officially launched by German Chancellor Angela Merkel in Nanjing in August. Over the three-year campaign, Germany will present “City in Motion”, which is business, culture and social related. Its central themes followed the example of the motto “Better City—Better Life” of the Expo 2010, where the event series will culminate.
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