The 2016 Berlin Asia-Pacific Week is focusing on economic issues. That includes the discussion of bilateral cooperation in innovation during a forum organized by Chinese officials.
China is advancing the "Made in China 2025" strategy that seeks to upgrade the manufacturing sector. That's while Germany is promoting its "Industry 4.0" to improve smart production. The common goal of elevating manufacturing promises deeper cooperation between the two countries.
Data from China's Commerce Ministry shows that German investment in China hit 26 billion US dollars by the end of February. The head of European and international cooperation for Berlin, Rainer Seider, says German investors remain confident in China's economy.