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German business circle highly expects Hangzhou summit

CCTV.com

08-28-2016 12:54 BJT

Full coverage: G20 Hangzhou Summit

The CEO of an economic development agency in Germany's North Rhine-Westphalia or NRW state has told CCTV News about her expectations for the G20 Summit.

Petra Wassner, CEO of the "NRW Invest" says China is a big market with a great potential, and that it has played an important role in global economy. She says China's hosting of the G20 Summit will be a good opportunity to present the country's development.

NRW is the most developed and densely populated of the 16 federal states in Germany. It borders the Netherlands and Belgium. The state is also one of the top investment destinations for Chinese companies in Europe. Wassner notes there's  lots of room for cooperation for China and Germany.

"Next year the G20 Summit will be held in Hamburg. Economic cooperation will certainly be discussed. I think China and Germany can have good cooperation on Industry 4-point-0 and e-commerce. International data security is another important issue. It's a big topic against the backdrop of globalization and digitalization of economy. China and Germany can cooperate on this issue," Petra Wassner said.

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