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And what is true for Germany is also true for the whole of Europe: The European Union is China's most important trading partner and the largest sales market. China's trade volume with Germany is almost as large as China's trade with France, Great Britain and Italy combined. And the Port of Duisburg is the main hub for this trade. German companies and their joint ventures have made outstanding contributions - to the benefit of both sides - to China's technological development. Many companies have also introduced new elements of a socially oriented corporate culture. Increasingly, Chinese companies are also investing in Germany for mutual benefit. Despite the current slowdown in growth, many German companies want to expand their business in China. In order to continue to develop economic dynamism in the future, innovations are essential - for example, to drive forward the digitization of industrial production. We would like to cooperate even more closely with China in this area - especially when the legal protection of innovations is better secured.

And in Equatorial Guinea, Chinese experts advised and helped the nation to expand screening and testing for COVID-19 patients among suspected cases to prevent and control the deadly disease, as the nation had a very low rate of testing COVID-19.

And it will be fascinating to watch what occurs in the coming years as Amazon grows into the largest employer in downtown: Will it find a need to elevate its role in the community or continue to fly under the radar?

And the new Foreign Investment Law that went into effect Jan 1 has further broadened market access for foreign investment. In addition, China also has lowered tariffs for some imported goods, which will open up new prospects for its economic and trade cooperation with the US.

André Hoffmann, vice-chairman of Roche, said that the CIIE is an important platform for the company to showcase its offerings to the Chinese. He added that Roche will be displaying its latest products and technologies related to the treatment of diabetes and cancer at this year's event.