China and Germany reaffirmed their commitment to multilateral trade during high-level talks in Beijing this week, as Commerce Minister Wang Wentao and German Foreign Minister Johann Wadephul outlined plans to stabilize global supply chains and expand technological cooperation.
At the December 8 meeting, both nations pledged to uphold the World Trade Organization-centered trading system while addressing challenges ranging from semiconductor shortages to rare earth exports. Minister Wang emphasized China's readiness to implement its 15th Five-Year Plan (2026-2030), inviting German businesses to participate in emerging sectors while maintaining traditional partnerships.
"Our cooperation must evolve with the times," Wang stated, highlighting China's recent export license exemptions for Nexperia chips as part of efforts to maintain industrial stability. The Chinese minister called on European partners to avoid "inappropriate administrative interventions" in tech sectors, particularly referencing ongoing semiconductor supply chain discussions with the Netherlands.
Wadephul acknowledged Germany's appreciation for China's rare earth policy reforms, stating: "We recognize the complexity of globalized production networks. Through constructive dialogue, we can develop solutions benefiting both our industries." The German delegation committed to fostering fair market conditions for Chinese enterprises while addressing specific trade concerns.
The talks concluded with both sides agreeing to establish working groups for implementing cooperative measures in 2026, aligning with China's upcoming five-year economic roadmap. This development comes as global manufacturers seek predictable trade frameworks amid shifting geopolitical landscapes.
