According to a report by Reuters, on April 8th, the Union Party and the Social Democratic Party reached an agreement on the coalition agreement.
Although the Union Party, consisting of the Christian Democratic Union and the Christian Social Union, ranked first in the election in February, it failed to gain a majority of seats. The far-right Alternative for Germany party ranked second. Following this, weeks of haggling took place between Friedrich Merz, the incoming German Chancellor and leader of the Union Party, and the German Social Democratic Party, eventually leading to the conclusion of this agreement.

"Overview of Germany" website
According to a document seen by Reuters, the Christian Democratic Union will be responsible for economic affairs, the Ministry of Foreign Affairs, and the Chancellor's Office, while the Social Democratic Party will handle the Ministry of Finance and the Ministry of Defense. In addition, the Christian Social Union will obtain three ministries including the Ministry of the Interior, the Ministry of Science and Technology, and the Ministry of Agriculture.
German media predict that Lars Klingbeil, co-leader of the Social Democratic Party, is likely to become the Deputy Prime Minister and Minister of Finance, while Boris Pistorius, who belongs to the Social Democratic Party as the Minister of Defense, may continue in his position. Johann Wadepuhl of the Christian Democratic Union will serve as the Minister of Foreign Affairs.
The above plan must be passed through an online vote to seek majority support from more than half of the 357,000 members of the Social Democratic Party. Assuming it receives support before the end of April, Scholz may officially take the oath of office in the German Bundestag early May.
On February 24th, Foreign Ministry Spokesperson Lin Jian expressed China's views on the results of the German election at a regular press conference. Since the establishment of diplomatic relations 53 years ago, China has always viewed Sino-German relations from a strategic and long-term perspective, adhering to the principles of mutual respect, equality, mutual benefit, and seeking common ground while shelving differences, to develop bilateral relations. China is willing to work with the new German federal government to consolidate and develop the comprehensive strategic partnership between China and Germany.
Lin Jian emphasized that Germany and the EU have global influence, and China welcomes Germany and the EU playing an important role in global affairs. China supports European integration and the EU's strategic autonomy and is willing to work together with Germany and the EU to continue contributing to world peace and prosperity.
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Original source: https://www.toutiao.com/article/7491490574042776127/
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