German President meets Xi Jinping and urges China to reduce trade surplus with Germany

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Xi Jinping met with German President Steinmeier in Beijing and stressed that China and Germany should deepen cooperation and maintain openness; Steinmeier called for reducing China’s huge trade surplus with Germany and was concerned about market access and fair competition.

President of ChinaXi Jinping today in beijingGermany Meeting with President Steinmeier. Xi Jinping said that China always attaches great importance toEuropean Union As a partner, we “develop relations with Europe with sincerity and goodwill”, and we also hope that Germany will view China’s development with an open mind; Steinmeier said China’s huge trade surplus with Germany should be reduced.

According to the official website of the Chinese Foreign Ministry, Xi Jinping held talks with Frank-Walter Steinmeier at the Great Hall of the People in Beijing on the afternoon of the 30th.

Xi Jinping said that as the world’s second and third largest economies, China and Germany bear important responsibilities for the development of China-EU relations and the stable development of the world economy, and should send positive signals to the outside world that they should remain open rather than closed, and cooperate rather than confront. He hopes Germany will view China’s development and cooperation with China with an open and positive outlook.

He said China firmly promotes high-level openness to the outside world and welcomes companies from around the world, including Germany, to enter China and share the dividends of the ultra-large market. It is hoped that Germany will adhere to openness and inclusiveness and provide a fair, transparent and non-discriminatory business environment for Chinese companies in Germany.

Xi Jinping also said China always treats the EU as a partner and “develops relations with the EU with sincerity and goodwill.” China-EU cooperation is bigger than competition, and consensus is bigger than differences. The essence of China-EU economic and trade relations is complementary benefits, mutual benefits and win-win results. As long as we adhere to the partnership conditions and maintain the same tone of negotiation, differences and problems can always be resolved. Hope the EU and China will meet each other and work together to promote an equitable and orderly world multipolarization and an inclusive and inclusive economic globalization.

Deutsche Welle Chinese website reported today that Steinmeier met Xi Jinping and the two sides focused discussions on “the huge trade deficit between Europe and China.” Steinmeier told Xi Jinping that China’s huge trade surplus with Germany should be reduced. “What we hope to establish is a close economic and trade relationship, and this relationship should bring lasting benefits to both sides.”

Steinmeier also said that the economic relations between Germany and China are extremely dynamic, and it is logical to regularly review the infrastructure of cooperation between the two sides.

Steinmeier said in a speech at Peking University on the 29th, “If we Europeans find that our companies cannot enter the Chinese market, or can only enter under strict restrictions, while at the same time, China’s export products that receive state subsidies are coming to our market… then we will face the risk of falling into ‘one-sided vulnerability’.”

Summary FAQ


  • Xi Jinping said that as the world’s second and third largest economies, China and Germany should be responsible for China-EU relations and world economic stability, send signals of openness and cooperation to the outside world, and hope that Germany will view China’s development with an open mind.


  • Steinmeier pointed out that there was a huge trade deficit between Europe and China, believed that China’s surplus with Germany should be reduced, and advocated the establishment of closer economic and trade relations that could bring lasting benefits to both sides.


  • The talks revealed that both sides value cooperation, but their views on market opening and fair competition differ; The German side is concerned about the disparity caused by Chinese companies and subsidized export products, while the Chinese side emphasizes mutual benefits and partnership.

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