Yesterday, China and Germany signed a Memorandum of Understanding (MOU) on Cross-Border Data Flow Cooperation, another step to mitigate regulatory obstacles on data transfer, which plays an critical role in the auto industry.

Chinese President Xi Jinping met with German chancellor Olaf Scholz today during Scholz's three-day China trip. Xi defended China's exports and called for bilateral collaboration, especially in machinery, automobiles, and the green transition, while Scholz highlighted market access and the regulatory environment in China.

At the 6th China International Import Expo (CIIE), German companies have had a strong presence and reportedly signed deals with Chinese partners on energy, construction, and manufacturing. Germany's continued engagement in the market is crucial to China, as it plays a pivotal role in China-EU relations.

Over the weekend, China's Vice Premier He Lifeng and Germany's federal minister of finance Christian Lindner co-chaired the third financial dialogue in Frankfurt. The two sides made commitments on trade, investment, and regulatory cooperation.

As the EU seeks to work out a way forward in its economic relations with China, dealing with related security and rights issues as well, its key member states are also having internal discussions on these issues. Germany is the largest economy in the EU and its position on these

During Chinese Premier Li Qiang's visit to Germany this week, the two sides agreed to collaborate on energy and environment, food security and debt issues. While both sides sent positive signals for continued economic engagement, they also used the opportunity to express concerns over the other sides'

Last week, after years of debate and discussion, Germany began taking steps towards excluding some Chinese products from its telecoms networks, although the process of removing existing products could be challenging.