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Premier urges Germany, China to open up markets to each other

Updated: Oct 8,2014 7:58 AM     Xinhua

BERLIN - Premier Li Keqiang has called on Germany and China to further open up their markets to each other and become pioneers in opening-up and innovation.

China will continue to open its doors to the outside world, providing more opportunities on the market, Li wrote in an article published on Oct 8 in Germany’s Die Welt newspaper before his visit to Germany.

Casting their eyes on the future, the two countries should tap the potential of opening up to each other, wrote Li.

China will consider Volkswagen’s request for increasing its stakes in FAW-Volkswagen, a China-Germany joint venture, said the premier. Meanwhile China hopes that Germany will allow well-established Chinese enterprises to bid for high-speed railway projects in Germany, he said.

China will strive to lower market access thresholds, better protect intellectual property rights, and create a fair, transparent and orderly market environment for foreign companies operating in China, Li pledged.

The Premier said that he will co-chair governmental consultations with Chancellor Angela Merkel during his visit to map out a blueprint for long-term cooperation between the two countries.

China is restructuring its economy with structural reform in order to upgrade its economy, said the Premier. China is willing to be a partner of Germany during this process of reform, innovation and economic upgrade, he said.

In recent years, economic and trade cooperation between China and Germany has expanded rapidly and the two economies have become increasingly interdependent, Li said.

Germany is China’s largest trade partner in the European Union while China is Germany’s largest trade partner in Asia. German brands like Volkswagen and Siemens are popular in China, while Chinese companies like Huawei and Lenovo are active in Germany, he said.

China and Germany could complement each other’s advantages to achieve mutual benefit and win-win results, he said.

Li said that he is willing to work with German leaders to usher in a higher stage of cooperation between the two nations and inject new impetus into the sound development of China-Europe ties.

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