2016年CRI Merkel Visit Opportunities for Both Markets

 

German Chancellor¹ Angela Merkel's ninth visit to China is expected to open a new chapter in trade and investment cooperation on both governmental and personal levels between the two countries.

The President of Germany Trade and Invest, Benno Bunse, believes good economic relations will boost the development of enterprises in both countries.

"I think it is very important for the two countries to have good relations as it would support enterprises in their trade and commercial activities. Therefore, the visit is of great significance. The good bilateral² relations manifest in Merkel's frequent visit to China. I think this is a major support to economic and trade activities."

China's quick and frequent acquisitions have caused alarm in some economic circles in Germany.

But Bunse says they have been in a similar situation in the past, and China brings more opportunities than threats.

"It is not the first time to have such a discussion. There was a heated discussion about Japan in 1980s when the Japanese economy was very strong. But now, it's China. I think Germany is an open country in investment. We should treat Chinese investors³ the same as German investors. We welcome them. It is a good thing that Chinese investors are interested in Germany. The disputes will end and they will not last."

Capital is flowing in both directions. And some German enterprises are working hard to win a share of the Chinese market.

Architectural firm Co-Ordination identified opportunities and took action early by opening an office in Shanghai.

Its CEO Jochen Gringmuth explains his interest and ambitions in China.

"Beyond the European market, China is very exciting and versatile⁴ for us to be engaged in design and design-based projects. In addition to the economic issues, our curiosity in China plays a big role, too. We want to explore a new market, a new country, a new culture."

Many observers believe Germany is in an ideal position to feed the Chinese market with high-end products and cutting-edge technology.

China meanwhile is regarded as being placed to provide vast investment opportunities in return.

1 chancellor   

n.(英)大臣；法官；(德、奥)总理；大学校长

参考例句：

• They submitted their reports to the Chancellor yesterday.他们昨天向财政大臣递交了报告。
• He was regarded as the most successful Chancellor of modern times.他被认为是现代最成功的财政大臣。

2 bilateral   

adj.双方的，两边的，两侧的

参考例句：

• They have been negotiating a bilateral trade deal.他们一直在商谈一项双边贸易协定。
• There was a wide gap between the views of the two statesmen on the bilateral cooperation.对双方合作的问题，两位政治家各自所持的看法差距甚大。

3 investors   

n.投资者，出资者( investor的名词复数 )

参考例句：

• a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
• a cash bonanza for investors 投资者的赚钱机会

4 versatile   

adj.通用的，万用的；多才多艺的，多方面的

参考例句：

• A versatile person is often good at a number of different things.多才多艺的人通常擅长许多种不同的事情。
• He had been one of the game's most versatile athletes.他是这项运动中技术最全面的运动员之一。