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Sino-German industrial ties deepened as cities join hands

By Wang Mingjie in Hanover, Germany | chinadaily.com.cn | Updated: 2019-04-02 02:03

Delegates at the seventh gathering of the Sino-German Industrial City Alliance.

Wang Weidong, minister counselor in the economic and commercial office at the Chinese embassy in Germany, said: "The two-way investment between the two countries has remained vigorous and more pragmatic. Whilst Chinese investment in Germany has become more diversified, focusing equally on quality as well as quantity, the German enterprises' enthusiasm for investment in China is not diminished."

In 2018, Germany added nearly 500 investment projects in China, and its year-on-year investment grew at a rate of 138 percent.

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