Nation to strengthen bilateral financial ties with Germany

China will continually strengthen economic and financial relationship with Germany, to consolidate bilateral financial cooperation and jointly promote international economic governance in face of challenges, said a statement from the Ministry of Finance on Wednesday.

The statement was issued before German Chancellor Angela Merkel's official visit to China from Sept 6 to 7 at the invitation of Premier Li Keqiang. Foreign Ministry spokesperson Geng Shuang announced the visit on Sept 2.

"At present, the international situation is complicated and changeable, uncertain and unstable factors are rising amid trade frictions. Protectionism is intensifying, while economic globalization and the multilateral system are facing severe challenges," said an announcement from the Ministry of Finance.