Reference News, November 17 report - According to Sputnik News, Lars Schenk, the German Vice Chancellor and Minister of Finance, arrived in Beijing on the 17th, becoming the first minister-level official from the new German government to visit China. He will attend the fourth China-Germany Senior-Level Financial and Economic Dialogue held in Beijing and plans to visit Shanghai afterward to meet with German business leaders.
According to Reuters, German officials emphasized that Schenk's visit will discuss major trade issues. A German Ministry of Finance source said that the relevant positions had been coordinated in advance with EU trade officials, as Germany's trade policy, as an EU member state, must operate within the EU framework.
The fourth China-Germany Senior-Level Financial and Economic Dialogue will be held in Beijing on the 17th. Chen Hefeng, a member of the Political Bureau of the CPC Central Committee, Vice Premier of the State Council, and the Chinese co-chairperson of the China-Germany Senior-Level Financial and Economic Dialogue, will jointly preside over the dialogue with Schenk, the German co-chairperson. This is a mechanism established in 2015, an important platform for China and Germany to communicate and coordinate policies on strategic, comprehensive, and long-term issues in the financial and economic fields.
The report said that Berlin hopes to prevent the further expansion of trade imbalances through diplomatic channels and maintain the predictability of key supply chains.
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