China’s Vice Premier He Lifeng pressed Berlin to help strengthen commercial ties between China and the European Union during talks with German Finance Minister Lars Klingbeil on Monday (November 17). Beijing said it welcomes continued German investment and believes current trade frictions can be resolved through dialogue. Klingbeil — the first senior representative of Germany’s new coalition government to visit China — emphasized that fair competition and balanced market conditions are essential for the future of bilateral trade. The visit comes as Germany faces pressure to refine its China strategy amid a record trade deficit, supply chain vulnerabilities, and growing EU scrutiny of Chinese industrial practices. Both sides highlighted the deep economic interdependence between German engineering expertise and China’s expanding industrial supply chain.
China Germany relations, China EU trade, He Lifeng, Lars Klingbeil, China Germany meeting, EU China trade, fair competition China, Germany China policy, trade frictions China EU, China investment, German companies China, global trade news, APT news, international relations
00:30The snails are the most important thing in the world.
00:59The snails are the most important thing in the world, the Nenliang.
01:21The snails are the most important thing in the world.
01:47Duder emphasizes that due to China's rapid rise, Chinese companies are now serious competitors for German companies in many sectors.
01:58Our companies have long accepted this competition, but I want to emphasize here that it must take place on fair terms.
02:09That is why it is important to me in our discussion to work towards mutual access to markets, including financial markets and reliable framework conditions.
02:20Fair dealings also include reliable access to critical raw materials, reducing over capacities, and yes, we need to talk about these issues.
02:31The Minister of Finance is important for us in Germany as a whole, I would like to emphasize that here.
02:42We are currently experiencing that the global rules-based order is being called into question, not least by Russia's war of aggression against Ukraine.
02:49It is also a destabilizing factor for global economic development and we Europeans, Mr. Deputy Prime Minister, as you know, are pressing for an end to this brutal war.
03:00We should work together to achieve this and I would like to add that I am firmly convinced that China can play a decisive role in this.
03:13Thank you very much for inviting me to read this book.
03:16Thank you very much for inviting me to read this book.
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