(Source: CCTV Video "CCTV Financial Review", 2026-02-26)

Recently, German Chancellor Mertz completed his first visit to China since taking office. The entourage is a luxurious one. It not only includes more than 30 business leaders from top German companies such as Bayer, Volkswagen, Mercedes-Benz, BMW, Siemens, etc., but also covers many fields such as machinery manufacturing, chemicals and pharmaceuticals, automobiles, logistics, and finance. The outside world is generally concerned about the origin of the German Chancellor's visit. What impact will it have on Sino-German economic and w88 cooperation? What new space is there for future economic and w88 cooperation between China and Germany and even China and Europe? Focusing on related topics, "CCTV Financial Review" invitedTu Xinquan, Dean of the China World w88 Organization Research Institute at the w88 casinoand CCTV financial commentator Liu Ge provided analysis and interpretation.

 

Why did the German Chancellor visit China?

 

Tu Xinquan, Dean of the China WTO Research Institute at the w88 casino: China and Germany work together to inject more certainty into the world

Regarding the German media’s comment that “Mertz has never prepared a foreign trip so carefully,” Tu Xinquan, dean of the China WTO Research Institute at the w88 casino, believes that there are three major considerations behind this. First of all, the global economic and w88 situation has been turbulent in the past few years, and China-EU economic and w88 cooperation has faced many challenges. As the world's second and third largest economies, China and Germany have the responsibility to contribute to world economic stability by strengthening communication and cooperation. Secondly, Sino-German relations have always been the "mainstay" of Sino-European relations. Merz's visit, which comes after several years, is not only a restoration of bilateral relations, but also an opportunity to push them to new heights. Third, although Sino-German economic and w88 cooperation is facing a new trend of increased competition, there is also room for cooperation in new industries such as digital economy, artificial intelligence, and robotics, which urgently need to be discussed in depth by both parties.

What new signals are revealed behind the luxurious economic and w88 delegation lineup?

CCTV financial commentator Liu Ge: The transformation of German manufacturing giants cannot be separated from China

Liu Ge noticed that the accompanying delegation of entrepreneurs included the largest number of industrial giants during a high-level visit by a German Prime Minister in the past ten years, and they were mainly in the manufacturing industry. This is closely related to the background that China has become Germany's largest trading country (w88 volume exceeded 250 billion euros last year). More importantly, the layout of German companies in China is undergoing profound changes: from transferring "obsolete production capacity" in the past to placing advanced products and R&D bases in China. For example, the German Bosch Group invested tens of billions in the research and development of intelligent driving in Suzhou. Facing the difficulties of rising local costs and poor transformation in Germany, the Chinese market has become the most competitive branch of many German companies in the world. When companies visit China with the Prime Minister, they hope to deepen their integration with the Chinese market and drive their own transformation and upgrading.

What does it mean that China-Germany economic and w88 growth has gone against the trend?

 

Tu Xinquan, Dean of the China WTO Research Institute at the w88 casino: Two-wheel drive of w88 and investment, mutual benefit and win-win results

In the context of global geopolitical tensions and intensified economic and w88 frictions between China and Europe, China-Germany economic and w88 has achieved growth against the trend. Dean Tu Xinquan analyzed that this stems from the strong economic complementarity between the two parties.

w88 is always based on comparative advantage. Germany has a profound foundation in high-end machinery, precision equipment and other fields; China has the world's largest market and manufacturing scale, and leads the world in terms of cost performance. China imports irreplaceable high-end products from Germany, while Germany obtains large quantities of industrial products from China. In addition, there are also new changes in the investment field: German companies not only regard China as an important market, but also as an innovation base; Chinese companies are also increasing their R&D investment in Germany. This kind of mutually beneficial cooperation based on comparative advantages is the cornerstone of the healthy development of bilateral economic and w88 relations.

Viewing new space for Sino-German cooperation from visiting robot companies

Prime Minister Motz and his delegation took a whole day out of their tight schedule to go to Hangzhou, where they visited Yushu Technology and Siemens Energy and experienced China's new productive forces. Why are you so interested in a Chinese robotics company?

Liu Ge observed that German companies are seeking to catch up with future industry trends such as “embodied intelligence”. Although Germany has proposed Industry 4.0, its industrial system is large and mature, and its transformation is relatively slow. If humanoid robots like Yushu can be used in industrial scenarios, it will greatly improve the labor productivity of German companies. At the same time, Germany's world-leading advantages in precision accessories such as harmonic reducers and servo motors can also form a new complementary model with China's algorithms, operation control capabilities, and machine integration capabilities to build a new win-win ecosystem.

 

Tu Xinquan, Dean of the China WTO Research Institute at the w88 casino: China’s innovation opens up new space for China-EU cooperation

President Tu said that China’s innovation capabilities are becoming a new engine for Sino-German cooperation. Germany is an "industrial giant" whose advantages were built in the electrification era, but it has been slow to turn around in the digital and green era. On the contrary, China's industrialization started late, and it has closely followed new technological trends and has become a global leader in green and digital fields. Today, Mercedes-Benz joins hands with ByteDance, BMW joins Alibaba, and Audi joins Huawei. They are all examples of German industrial giants seeking to cooperate with Chinese digital companies. China's huge market provides a wealth of application scenarios and has become a testing ground for innovation. China's advantages in the field of digitalization are becoming a new engine to promote cooperation between China and Germany and even China and Europe, and there is huge room for the future.

How does high-level interaction affect confidence in the global industrial chain?

Liu Ge believes that anti-globalization thoughts have surged in the past few years, and arguments such as "decoupling and breaking links" and "risk removal" have become rampant. But German companies have proven the value of mutual trust and cooperation with practical actions. For example, the huge investment made by the German company BASF in Zhanjiang is its largest single investment outside Germany in history. China and Germany have shown with practical actions that "decoupling and breaking links" is not advisable, and mutual trust is the best way to "remove risks".

 

Tu Xinquan, Dean of the China WTO Research Institute at the w88 casino:

Director Tu said that China is the source of certainty in the turmoil of the world. Many leaders of Western countries have visited China one after another. The commonality is that they are all looking for "certainty." In a turbulent world, China plays the role of "stabilizer". China adheres to a mutually beneficial and win-win opening strategy, does not impose unilateral tariffs, does not restrict investment, and always welcomes all countries to carry out mutually beneficial cooperation with an open attitude. This persistence provides positive force for maintaining a stable world economy and multilateral trading system.

Attached is the original interview video link: