Having extended to wide-ranging fields and developed at multiple levels, the China-Germany relationship is expected to play a leading and exemplary role in China-EU relations.
When China and Germany transcended huge differences in their political and social systems to formally establish diplomatic relations, few people could have imagined the tightness that the bilateral relationship would reach today, extending to wide-ranging fields and developing at multiple levels.
Chinese makers of heating appliances, including electric blankets and electric heaters, have seen explosive growth in exports to Europe as the continent heads into winter in the throes of an energy crisis amid rising prices of natural gas, industry experts said.
China remains a key market for European companies as its economic resilience and large domestic market are vital for them to stay globally competitive, according to a survey released on Monday by the China Council for the Promotion of International Trade.
In 2021, Britain replaced Germany as the busiest market for Chinese investments with 36 acquisitions and company participations. Germany recorded 35 transactions, followed by the Netherlands with 13 transactions, according to the study.