China and Germany Strengthen Economic Ties for Global Prosperity

China and Germany have pledged to strengthen economic cooperation and open up financial markets in order to spur economic growth and address global challenges. The two countries agreed to enhance policy coordination, defend global financial security and trade rules, and ensure smooth supply chains. The talks come as both nations grapple with economic downturn risks and as Germany reassesses its relationship with China. China expressed willingness to deepen cooperation with Europe and Germany, particularly in the areas of electric vehicles and Huawei's 5G technology. Despite disagreements, both sides emphasized the importance of maintaining cooperation and understanding for the future of bilateral ties.