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Investment

China-Germany (Shanxi) Investment & Cooperation Forum successfully held in Munich, Germany

April 20, 2023


Abstract : The China-Germany (Shanxi) Investment & Cooperation Forum was successfully held in Munich in mid April.

The China-Germany (Shanxi) Investment & Cooperation Forum was successfully held in Munich in mid April. The event was attended by Armin Schwimmbeck, director of the foreign economic cooperation bureau of the Bavarian state ministry of economic affairs, Stefan Geiger, executive director of the Chinaforum Bayern, Johann Schwenk, senior expert in government affairs of Webasto, Fabian Gross, R&D expert in solar energy of SPB, Shen Jian, senior vice president of greater China of SUEZ Group, Yu Bo, partner of PwC China, Yuan Chengfei, partner of PwC China, and government representatives, representatives from various fields, and more than 50 well-known German entrepreneurs. This event is another deepening of the exchange and cooperation between China's Shanxi and major cities in Germany in the economic field, following the Hannover Messe held on April 17.

Photo shows the scene of the China-Germany (Shanxi) Investment & Cooperation Forum.

The successful hosting of the China-Germany (Shanxi) Investment & Cooperation Forum provided a platform for communication and cooperation, which will further strengthen the connection between China and Germany's advantageous industries, seize cross-border investment opportunities, and tap into the potential for cooperation between the two regions.

Photo shows the scene of the China-Germany (Shanxi) Investment & Cooperation Forum.

Photo shows the scene of the China-Germany (Shanxi) Investment & Cooperation Forum.

Photo shows Armin Schwimmbeck, director of the foreign economic cooperation bureau of the Bavarian state ministry of economic affairs, delivering a speech.

In his speech, Armin Schwimmbeck emphasized the importance of exploring the potential for cooperation between both sides and facilitating communication channels.

Photo shows Tang Zhiping, vice governor of Shanxi Province, delivering a speech.

Tang Zhiping, the vice governor of Shanxi Province, pointed out in his speech that China and Germany have established comprehensive strategic partnership, and the development of China-Germany relations is of great significance. China has been Germany's most important trading partner for seven consecutive years, and the bilateral trade has reached a historic high, achieving win-win development. This cooperation promotion conference is the first high-level outbound activity organized by Shanxi in recent years. The province hopes to strengthen communication and coordination with Germany through this event, enhance exchanges and friendship, and lay a foundation for pragmatic cooperation. Shanxi Province eagerly anticipates that this event will deepen cooperation and exchange between the two sides in the fields of culture, education, science and technology innovation, high-end manufacturing, artificial intelligence, digitization and new energy, and achieve mutual benefit and win-win cooperation. 

Photo shows Yang Chunquan, director of the Shanxi Provincial Investment Promotion Bureau.

Yang Chunquan, director of the Shanxi Provincial Investment Promotion Bureau, presented a promotion of the business environment and key industries in Shanxi Province, covering its economic advantages, industrial strengths, policy advantages, environmental advantages, etc. He introduced the investment advantages and industry opportunities of Shanxi Province to the participants of the conference.

Photo shows Yuan Chengfei, partner of PwC China.

Yuan Chengfei, partner of PwC China, gave a speech on Chinese laws and regulations on foreign investment, introducing the latest information on China's foreign investment environment and preferential policies to attract foreign investment.

Photo shows that the panel discussion, moderated by PwC China partner Yu Bo, was attended by Shanxi Pengfei Group chairman and CEO Zheng Peng, Shanxi Meijin Energy Co. vice general manager Yao Jincheng, Shanxi Xiangrui Energy Co. chairman Wang Zhengtong, Webasto senior government affairs expert Johann Schwenk, SPB solar energy R&D expert Fabian Gross, and SUEZ Group senior vice president for greater China Shen Jian (online).

The discussion focused on "Energy Transformation and Investment Opportunities Outlook," exploring how energy transformation has become a shared mission for all humanity, and how governments and businesses worldwide face challenges in turning pressure into opportunities and leading development in a changing environment.

The exchange strengthened experience sharing on industrial cooperation between companies from China's Shanxi Province and Germany, promoting in-depth cooperation in areas such as intelligent manufacturing, new energy, and green economy, including financing, technology, talent, and management services.

On  April 18, the delegation visited IHK Schwaben and Autefa Solutions.

The IHK Schwaben, headquartered in Augsburg, Bavaria, Germany, is an association fro business and industry. IHK Schwaben expressed confidence in the potential of the Chinese market for German companies, and it also hoped to build a cooperation and exchange platform for more Sino-German enterprises through collaboration, promoting further development of Sino-German trade and investment. Both parties hope to establish a communication mechanism for economic and trade exchanges between the two regions and explore new cooperation models and areas through in-depth industrial development exchanges and cooperation.

During the visit to Autefa Solutions, the delegation learned about the company's advanced technology and products in textile machinery manufacturing and discussed opportunities and prospects for Sino-German cooperation in the machinery manufacturing sector with company representatives.

Photo shows the Shanxi delegation visiting IHK Schwaben.

The visit of the Shanxi delegation to Germany has come to a successful end. This trip injected new vitality and momentum into the economic and trade cooperation between China and Germany, further strengthening the exchange and cooperation between China's Shanxi Province and Germany in the field of economy. The delegation played an active role in promoting the joint market development, creating investment opportunities, deepening cooperation, and achieving win-win cooperation between China's Shanxi-based enterprises and German enterprises.

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Keyword: Munich China-Germany (Shanxi) Investment & Cooperation Fo China's Shanxi

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