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Sino-German Industrial City Alliance launched at Hanover Fair

Xinhua, April 26, 2016 Adjust font size:

Around 20 Chinese and German cities on Monday launched an alliance here at the ongoing Hanover Fair to boost communication and cooperation between the two countries.

Great efforts will be made by both sides to promote common development in modern industry and industrial service sectors of alliance members, according to the Sino-German Industrial City Alliance.

Up to 18 industrial cities including 11 Chinese cities and 7 German ones have joined the alliance.

Speaking at the opening ceremony, Li Xiaosi, Chinese envoy to Germany, said the establishment of the alliance would enable the two sides to enhance their cooperation in smart production and structural transformation and upgrading of industries.

Li Yong, deputy director of Investment Promotion Agency of Ministry of Commerce of China, said that the structural reforms on the supply front are aimed at uplifting the quality of Chinese products and all-round upgrading of the industry.

The establishment of the alliance will further strengthen the city-to-city and corporate-to-corporate cooperations between the two countries, said Li.

Matthias Machnig, State Secretary at the Federal Ministry for Economic Affairs and Energy, maintained that the cooperation among German and Chinese companies on the regional levels is very important and the Sino-German Industrial City Alliance is expected to boost the cooperation.

The Alliance held an inaugural meeting at the Hanover Fair. Endit