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German government figures show Germany's total exports rose 1.2 percent last year, while imports increased by just 0.6 percent.
Germany's exports to non-EU countries decreased by 0.2 percent in 2016, with Germany's standing1 as Europe's largest exporter being bolstered2 by trade outside the European Union, in particular with China.
Figures show exports to China last year almost doubled that of South Korea, Japan and India put together.
The Chinese Ministry3 of Commerce spokesperson Sun Jiwen said the strategic partnership4 between China and Germany has deepened in recent years.
"The political mutual5 trust is increasing, and the two countries have established intergovernmental consultation6 mechanisms7 between the prime ministers of both sides. As the important cornerstone of the bilateral8 relationship, trade and economic cooperation has been growing in a multi-level and wide-ranging way."
Both the German and Chinese governments have agreed to align9 their respective growth strategies to help complement10 each other.
This move is promoting a surge of German interest in China in areas such as intelligent manufacturing, the digital economy and regional development.
German firms also contracted almost 9,000 investment projects in China last year, worth US$28.18 billion.
Non-financial investment worth US$8.83 billion flowed into Germany last year from Chinese companies, mostly in the form of mergers11 and acquisitions.
1 standing | |
n.持续,地位;adj.永久的,不动的,直立的,不流动的 | |
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2 bolstered | |
v.支持( bolster的过去式和过去分词 );支撑;给予必要的支持;援助 | |
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3 ministry | |
n.(政府的)部;牧师 | |
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4 partnership | |
n.合作关系,伙伴关系 | |
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5 mutual | |
adj.相互的,彼此的;共同的,共有的 | |
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6 consultation | |
n.咨询;商量;商议;会议 | |
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7 mechanisms | |
n.机械( mechanism的名词复数 );机械装置;[生物学] 机制;机械作用 | |
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8 bilateral | |
adj.双方的,两边的,两侧的 | |
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9 align | |
vt.使成一线,结盟,调节;vi.成一线,结盟 | |
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10 complement | |
n.补足物,船上的定员;补语;vt.补充,补足 | |
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11 mergers | |
n.(两个公司的)合并( merger的名词复数 ) | |
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