On April 23, 2012, Chinese Premier Wen Jiabao and German Chancellor Angela Merkel jointly attended the opening ceremony of China-Germany Business Summit in Hanover and they both delivered a speech.
Premier Wen said in his speech that since China and Germany established diplomatic relations 40 years ago, the bilateral relations have withstood the tests of international vicissitudes and have been developing smoothly in general. The bilateral relations have embarked on a path of mature, healthy and stable development. At this stage, the two countries have engaged in the most extensive, the most active and the most productive cooperation. So long as the two sides view each other with a positive vision and always adhere to the principle of mutual benefit and equal consultation, the Sino-German cooperation, which is based on complementary advantages of the two sides, will be able to grow further; the Sino-German cooperation, which is based on common interests of the two sides, will be able to develop steadily; and the Sino-German friendship can be like the Yangtze River and the Rhine River, which will constantly flow forward and which will never dry.
Wen said that in the context of the complex and volatile international situation, common interests and common responsibilities of China and Germany are increasing. The two sides should cherish the hard-won achievements and take a more positive attitude to strengthen the pragmatic cooperation between the two countries on a broader basis, in wider dimensions, and at higher levels. He put forward the following initiatives:
First, to expand bilateral trade. The two sides should expand market opening, oppose trade protectionism and strive to achieve the objective of bringing the bilateral trade volume to $280 billion by 2015.
Second, to promote two-way investment. The two sides should continue to strengthen cooperation in traditional areas such as automotive, chemical industry and machinery, and gradually expand the cooperation to other areas such as high-end manufacturing, ocean and polar research, aerospace, aviation and other fields.
Third, to expand cooperation in environmental protection. The two sides should enhance cooperation in standards for energy conservation and environmental protection, new energy technologies, ecological demo building, eco-city planning and other areas and run the Sino-German Ecological Park successfully.
Fourth, to deepen people-to-people exchanges. The two sides should successfully run the "Year of Chinese Culture", "Sino-German Bridge to the Future" and other activities, strengthen the exchanges between the people, especially between the youths, and enhance the feelings between the two peoples.
Lastly, Wen Jiabao said in retrospect China and Germany have traveled an extraordinary path together over the past 40 years and have left glorious footprints along the way. Looking ahead, the two countries will stand together in a more determined way and be a model for North-South dialogue and common development. Wen expressed the belief that the business communities of the two countries will seize the opportunity to ride on the momentum, struggle to create a new situation for Sino-German strategic partnership and jointly open up a shining path for mutually beneficial and win-win cooperation between big powers.
The Sino-German Business Summit was co-sponsored by the Chinese Ministry of Industry and Information Technology (MIIT) and the Federation of German Industries. A total of 600 people attended the summit including government officials and representatives from business communities of the two countries.