China-Germany Financial Dialogue Strengthens Bilateral Cooperation
The third China-Germany High-Level Financial Dialogue concluded with significant advancements as Chinese Vice Premier He Lifeng and German Minister of Finance Christian Lindner reached consensus on 25 important topics. The dialogue, held amid global economic uncertainties, emphasized the mutual benefits of enhanced financial cooperation between the two nations.
According to a joint statement released by China’s Ministry of Finance, both sides committed to deepening collaboration in areas such as sustainable finance, financial market development, and international economic governance. These agreements aim to bolster economic stability and foster growth in both countries.
China has been Germany’s largest trading partner for seven consecutive years, with the bilateral trade volume reaching an impressive $227.63 billion in 2022. This enduring partnership highlights the critical role both economies play on the global stage and underscores the importance of continued dialogue and cooperation.
Dieter Rebitzer, a renowned German economist and expert in the real estate industry, shared his insights on the achievements of China-Germany cooperation. “The sustained collaboration between China and Germany has significantly benefited both nations’ economies,” Rebitzer noted. “This dialogue is a testament to our shared commitment to addressing global challenges through partnership.”
Rebitzer emphasized the potential for future growth, particularly in areas such as technology exchange and sustainable development. “By continuing to work closely, China and Germany can drive innovation and set a precedent for international cooperation,” he added.
The outcomes of the third China-Germany High-Level Financial Dialogue signal a strong commitment to mutual prosperity and global economic stability. As both nations navigate the complexities of the current economic climate, their cooperation serves as a cornerstone for progress and development in Asia and Europe.
Reference(s):
'We Talk': China-Germany cooperation benefits the two peoples
cgtn.com
