China, Germany sign procurement deals worth around 11 bln Euros, reflecting China’s sincere object Go back »

2009-02-26 | All chapters

China, Germany sign procurement deals worth around 11 bln Euros, reflecting China’s sincere objection to trade protectionism

 

For full text in Chinese please click

 

http://www.mofcom.gov.cn/aarticle/ae/ai/200902/20090206064347.html

 

http://www.gov.cn/jrzg/2009-02/26/content_1243103.htm

 

For full text in English please click

 

http://news.xinhuanet.com/english/2009-02/25/content_10897563.htm

 

A Chinese business delegation, led by Commerce Minister Chen Deming, signed here on Wednesday a total of 37 procurement deals worth around 11 billion euros (14 billion U.S. dollars) with German companies. According to Chen, the 37 deals are composed of two parts -- purchasing contracts, and cooperation agreements which need further negotiations.  Chen said the procurement deals reflect China's sincere objection to trade protectionism, adding that opening the market is the proper approach to address the global economic recession.