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Stellungnahme des Außenministeriums der VR China zum Grundsatzpapier des BDI „Partner und systemischer Wettbewerber – Wie gehen wir mit Chinas staatlich gelenkter Volkswirtschaft um?"
2019/01/17

Q: In a report issued on January 10, the Bundesverband der Deutschen Industrie (BDI) stressed that German firms need China as a market but sounded the alarm about China's reluctance to open up market. It called on the European Union to adopt a tougher policy toward China and urged companies to reduce their dependence on the Chinese market as concerns mount over such unfair practices as price dumping and technology transfer. What is your comment?

A: Frankly speaking, similar arguments are nothing but dishing up the same old stuff. However, each time such questions are asked, we are given opportunities to showcase China's achievements in reform and opening-up.

Before answering your question, I want to quote a few of the latest numbers. I once said here that according to the World Bank's Doing Business 2019, which was recently released, China's business environment ranks 46th in the world, 32 places higher compared with that of 2017. In the case of Germany, according to rough estimations by the Chinese side, from January to November 2018, German companies increased their investment in China by 86% compared with that of 2017. For example, BASF in Germany is actively promoting the construction of a new smart Verbund site in Zhanjiang, Guangdong, which will be the first wholly foreign-owned enterprise in China's heavy chemical industry with the total investment expected to reach 10 billion US dollars. If you recall, yesterday I also talked about the Tesla Shanghai Plant that has just began its construction.

Capital votes with its feet. If the Chinese market is not open enough and full of barriers and challenges, as alleged in some reports, then how can it attract so many foreign companies, including German companies, to invest in China?

What I want to emphasize is that the progress China has made in opening markets over the past 40 years of reform and opening-up has been witnessed by all. China will continue to deepen reform, expand its opening-up and continue to relax access restrictions on foreign investment. Trade cooperation, mutual investment and technology transfer between China and Germany are the results of voluntary transactions by market players, the essence of which is a mutually beneficial relationship. It is hoped that the relevant institution will view the China-Germany economic and trade cooperation in a positive and objective light and not mislead and damage the good atmosphere of bilateral cooperation.

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