Fintech News & Trends in Hong Kong and Asia

Xi, Merkel talk over phone on ties, multilateral cooperation

Chinese President Xi Jinping (right) meets with visiting German Chancellor Angela Merkel in Beijing, capital of China, on Sept 6, 2019. (HUANG JINGWEN / XINHUA)

BEIJING – The China-Germany relationship will continue to make new progress, as long as both sides hold on to consolidating and deepening mutual trust, treating each other as equals and focusing on cooperation, Chinese President Xi Jinping said Friday.

Xi made the remarks during a phone conversation with German Chancellor Angela Merkel. 

Over the recent years, China-Germany relations have generally maintained smooth development, with cooperation in various fields showing strong resilience amid the COVID-19 pandemic, President Xi Jinping said

Xi noted that he and Merkel have maintained highly frequent and efficient exchanges since last year, which has played an important leading role in the development of China-Germany and China-European Union (EU) relations, and also demonstrated the high-level mutual trust between the two countries.

Xi said he highly appreciates the fact that Merkel has been actively committed to promoting Germany's and the EU's practical cooperation and friendly exchanges with China.

ALSO READ: Xi urges Germany, EU to work with China for global stability

Over the recent years, China-Germany relations have generally maintained smooth development, with cooperation in various fields showing strong resilience amid the COVID-19 pandemic, which has brought a genuine sense of fulfillment to the people in both countries, he said.

The two countries, he added, have helped China and the EU to complete their investment agreement negotiations on schedule, and worked together to uphold multilateralism, safeguard free trade, and actively tackle climate change, jointly making positive contributions to maintaining world peace and stability.

The fundamental reason for the great achievements of China-Germany relations, he said, lies in the fact that the two countries respect each other, seek common ground while reserving differences, focus on win-win cooperation and pursue complementation of their respective advantages.

Xi expressed his hope that Germany will encourage the EU to adhere to the right policy on China, treat differences objectively and address them rationally, so as to promote the sustained and sound development of China-EU relations.

READ MORE: Wang: China, EU should remove distractions, push forward ties

For her part, Merkel said the EU-China investment agreement is mutually beneficial and win-win for both the European Union (EU) and China, hoping it can be smoothly ratified and take effect as soon as possible.