Government officials and business leaders from China and Germany gathered in Guangzhou, capital of south China's Guangdong Province, on May 28 for an economic roundtable.

Germany's economy and energy minister Katherina Reiche said China has shown strong momentum in growth, investment, innovation and global market expansion, and Germany hopes to attract more Chinese companies to invest and deepen cooperation in digitalization and decarbonization.

As one of China's most open and economically vibrant regions, Guangdong is emerging as a key platform for economic and trade cooperation between China and Germany.

Guangdong Vice Governor Zhang Guozhi said trade between Guangdong and Germany rose from 217 billion yuan (about $31.8 billion) to 265.5 billion yuan during China's 14th Five-Year Plan period (2021-2025), representing an average annual growth of 6.4%.

At the economic roundtable, representatives from more than 30 German companies and 50 Chinese firms held discussions on advanced manufacturing, new energy, the digital economy and other industries.

Executives from German companies pointed to the Guangdong-Hong Kong-Macao Greater Bay Area as a key center for innovation and future growth.

Sources: CGTN
Editor: Lyu Yun