Exclusive Interview | German China Economic and Trade Cooperation Has Never been a "one-way street" - Interview with Walter Dorling, Chairman of the World Invisible Champions Summit in Germany

2024-05-15

Walter Dorling, Chairman of the Organizing Committee of the German World Invisible Champions Summit and Founder and Dean of the German World Market Leaders Institute, recently stated in a written interview with Xinhua News Agency that economic and trade cooperation between Germany and China has never been a one-way street. Bilateral economic and trade ties are close, providing strong impetus for the sustainable development of the two countries' economies. Duolin gave an interview to reporters before flying to Beijing to participate in the 2024 China Germany (Europe) Invisible Champions Forum and multiple bilateral economic and trade exchanges. He said that the 2024 China Germany (Europe) Invisible Champions Forum is a response to the absurd remarks of "decoupling", demonstrating the determination of participating companies to jointly promote global development and prosperity through cooperation. The 2024 China Germany (Europe) Invisible Champions Forum will be held in Beijing from May 12th to 14th. This is the first time that the German World Invisible Champions Summit has held a branch event outside of Germany, which will promote practical cooperation between German and European enterprises and Chinese enterprises in areas such as technological innovation, industrial development, talent mobility, and information exchange. "Invisible champions" refer to small and medium-sized enterprises that have a global leading market position in a specific niche field or industry. According to statistics, the number of "hidden champions" in Germany is currently about 500. "Among these German 'hidden champions', most of them have branches in China, or have Chinese partners and customers," Dorin said. "We look forward to building bridges for enterprises, promoting and expanding cooperation with China, because China is a huge market that a successful German enterprise must occupy." Dorin said that any enterprise that wants to enter the international market cannot ignore the Chinese market. German small and medium-sized enterprises look forward to a comprehensive understanding of Chinese policies and market environment, and continue to seek new market opportunities and partners. ". "Holding the 2024 China Germany (Europe) Invisible Champions Forum in Beijing is an ideal choice to achieve the above goals." Dorin believes that China continues to convey positive signals of promoting high-level opening-up to the outside world, especially by extending the visa free policies for citizens of Germany and other countries in the short term, and completely lifting restrictions on foreign investment access in the manufacturing industry. This is further expanding the breadth of German China economic and trade cooperation and enhancing the confidence of German enterprises in China's development. The German Global Market Leaders (World Invisible Champions) Summit, known as the "Invisible Champions Annual Conference," has been held 14 times since 2011. This year's summit was held in Germany from the end of January to early February, with over 500 representatives from German and other European companies attending. Looking ahead to the future, Dorin said he looks forward to German and European companies enhancing exchanges with China, creating new development opportunities, and promoting mutually beneficial cooperation in multiple industries and fields. The German World Market Leaders Institute where he works will have a deep cooperation with the European Small and Medium sized Enterprise China Cooperation Center in Germany, providing convenience for more small and medium-sized enterprises in Germany to settle in China, invest and build factories, and develop their businesses. "I believe that at the next World Invisible Champions Summit in Germany, more German companies will share their stories of successful development in China," Dorin said. (Lai Xin She)

Edit:Yi Jing    Responsible editor:Li Nian

Source:XinhuaNet

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