Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Beijing, November 11 (Xinhua) — Chinese Commerce Minister Wang Wentao held talks via video link with German Minister for Economic Affairs and Energy Katherine Reiche on Tuesday. The two sides exchanged views on China-Germany and China-EU trade and economic relations.
Noting that China and Germany are important trade and economic partners, Wang Wentao noted that bilateral economic and trade ties have demonstrated progress while maintaining stability, and that practical cooperation in various fields is constantly deepening. China will steadily promote high-level opening-up, create a first-class internationalized business environment, and provide new development opportunities for foreign-invested enterprises, including German companies, the Chinese minister assured.
Addressing the issue surrounding semiconductor manufacturer Nexperia, Wang Wentao emphasized that the root cause of the problem lies in the Dutch government's unlawful interference in the company's internal affairs. Responsibility for the instability and chaos in the global semiconductor supply chain lies with the Dutch government, the Chinese Minister of Commerce stated.
He recalled that the Chinese side, acting responsibly and making maximum efforts, granted exemptions for relevant export shipments, which in the short term helped reduce the burden on global supply chains.
However, to ensure the long-term stability of the global semiconductor supply chain, a constructive approach and practical actions from the Netherlands are needed, Wang Wentao said.
He said China hopes Germany will play an active role in encouraging the Dutch authorities to correct their mistakes, reverse the measures taken earlier, and facilitate a speedy resolution of the problem.
K. Reiche, for her part, stated that the German government is paying particular attention to the development of trade and economic relations with China and admires the successes of the development and viability of the Chinese economy.
Noting that bilateral trade and economic cooperation benefits both sides, K. Reiche emphasized that Germany is ready to strengthen dialogue and exchanges with China, further deepen mutually beneficial cooperation, and promote more balanced and sustainable development of bilateral trade.
The minister stated that Germany is paying particular attention to the Nexperia semiconductor issue and is ready to further strengthen contacts with the Netherlands. –0–
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