Germany and China - two strong supporters of economic globalization and multilateralism - will continue to diversify economic cooperation and build stronger trade ties in 2019. Their products are complementary and they have reached many consensuses on the development of the Belt and Road Initiative, said officials and business leaders.
Appointed as the CEO of industrial leader Voith in November of last year, Toralf Haag said he believes China is a long-term partner in the company's future success, especially at a time when China's economy is shifting toward sustainable growth.
Chinese tourists spent over 3.8 billion euros ($4.19 billion) in Germany in 2018, and China remains the second-largest overseas market for Germany as a travel destination after the United States, data from the German National Tourist Board, or GNTB, show.
Knorr-Bremse, based in Munich, Germany, is the global market leader for braking systems and a leading supplier of rail and commercial vehicle systems. Around 29,500 employees at more than 100 sites across more than 30 countries use their skills and knowledge to serve its customers. In 2018, Knorr-Bremse's two divisions collectively generated revenue of 6.6 billion euros ($7.26 billion). Jurgen Wilder, executive board member at Knorr-Bremse, talks about how well-positioned the business is in China to respond to trends like urbanization and digitization.
The University of Shanghai for Science and Technology, or USST, has cultivated scientists for more than 110 years, and is one of the most influential academic institutions in China promoting Sino-German educational cooperation.
Kaldewei is a German manufacturer of world-class shower surfaces, bathtubs and washbasins made from superior steel enamel.
China is playing an ever more important role in the drive of German carmakers to shift toward electric and smart mobility, as they make efforts to strengthen their foothold in the world's largest auto market.
BERLIN - A publicly funded pharmacy in Germany's northeastern Hanseatic city of Stralsund began selling quality-tested traditional Chinese medicine compactates - or condensed medicinal granules - in late August, marking the debut of such TCM products in the German market.
Circular economy may be an abstract phrase, but when it is connected to a materials maker, it becomes easier to understand.
Chinese universities and colleges have increased ties with German higher education institutions to provide domestic students with easier access to a wider variety of subjects.
Pure electric vehicles will remain the mainstay of China's new energy vehicle initiative as fuel cell vehicles still have a long way to go before widespread use, said a senior official at the Ministry of Finance on Saturday.
China's automotive industry is suffering from a downturn in the overall vehicle market, with two-thirds of the country's listed carmakers seeing falling profit in the first half of the year.
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