--- title: "Ministry of Commerce: Chinese and German companies have reached over ten business agreements involving the automotive, machinery, energy, and other industries" description: "The Ministry of Commerce stated that Chinese and German enterprises reached more than ten business agreements during German Chancellor Merz's visit to China, covering industries such as automotive, ma" type: "news" locale: "en" url: "https://longbridge.com/en/news/277010856.md" published_at: "2026-02-26T08:42:00.000Z" --- # Ministry of Commerce: Chinese and German companies have reached over ten business agreements involving the automotive, machinery, energy, and other industries > The Ministry of Commerce stated that Chinese and German enterprises reached more than ten business agreements during German Chancellor Merz's visit to China, covering industries such as automotive, machinery, and energy. Both sides emphasized strengthening cooperation in innovation, green, and digital fields to promote mutual benefit and win-win outcomes. German companies hold an optimistic view of China's economic prospects and are willing to expand investment. The Ministry of Commerce will work with the German side to implement the leaders' consensus and promote the healthy and stable development of China-Germany economic and trade cooperation German Chancellor Merz is visiting China. He Yongqian, spokesperson for the Ministry of Commerce, stated that China and Germany have conducted in-depth exchanges in the economic and trade fields, achieving positive and pragmatic results. President Xi Jinping pointed out during his meeting with Merz that both sides should be open and mutually beneficial innovative partners, strengthen the alignment of development strategies, promote dialogue and cooperation in cutting-edge fields such as artificial intelligence, and provide direction for further deepening China-Germany economic and trade cooperation. He Yongqian stated that during the visit, the Ministry of Commerce of China and the Federal Ministry for Economic Affairs and Energy of Germany jointly hosted a meeting between the two countries' prime ministers and the China-Germany Economic Advisory Committee, with Premier Li Qiang and Chancellor Merz attending and delivering speeches. More than 60 leading enterprises from China and Germany actively offered suggestions on cooperation in areas such as innovation, green technology, and digitalization. Everyone expressed their willingness to fully leverage their respective advantages, strengthen pragmatic cooperation, and achieve mutual benefits and common development. Yesterday (25th) afternoon, Vice Premier He Lifeng met with the visiting German economic delegation. The participating German companies expressed optimism about the prospects for China's economic development and their willingness to further expand investment in China, sharing the opportunities of Chinese-style modernization. He Yongqian further pointed out that during the visit, the two sides' enterprises reached more than ten commercial agreements involving industries such as automotive, machinery, energy, logistics, and finance. This year marks the beginning of the 14th Five-Year Plan, and China continues to promote high-quality development and expand high-level opening-up, bringing broad opportunities for China-Germany economic and trade cooperation. The Ministry of Commerce will work with the German side to effectively implement the important consensus reached by the leaders of the two countries, strengthen economic and trade policy dialogue, make good use of mechanisms and platforms such as the China-Germany Economic Joint Committee and the China-Germany Economic Advisory Committee, broaden cooperation areas, and promote the healthy and stable development of China-Germany economic and trade cooperation, continuously achieving new results ### Related Stocks - [000300.CN - CSI 300](https://longbridge.com/en/quote/000300.CN.md) - [000001.CN - SSE Index](https://longbridge.com/en/quote/000001.CN.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Shanghai eases homebuying rules in sign of China property relief | Shanghai has eased homebuying rules, allowing non-resident buyers who have paid social security or taxes for one year to | [Link](https://longbridge.com/en/news/276851130.md) | | China's Politburo Reiterates Pro-Growth Stance | China's Politburo reaffirmed its pro-growth policy during a meeting to prepare for the upcoming National People's Congre | [Link](https://longbridge.com/en/news/277153600.md) | | China c.bank: to reduce foreign exchange risk reserve ratio for foreign exchange sales to 0% from 20% effective March 2 | China c.bank: to reduce foreign exchange risk reserve ratio for foreign exchange sales to 0% from 20% effective March 2 | [Link](https://longbridge.com/en/news/277121239.md) | | China politburo: necessary to continue to implement a more active fiscal policy and a moderately loose monetary policy- Xinhua | China politburo: necessary to continue to implement a more active fiscal policy and a moderately loose monetary policy- | [Link](https://longbridge.com/en/news/277146263.md) | | China Politburo: Necessary to strengthen the coordination between reform measures and macro policies - Xinhua | China Politburo: Necessary to strengthen the coordination between reform measures and macro policies - Xinhua | [Link](https://longbridge.com/en/news/277146296.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.