China signed an order with Airbus worth US$9.7 billion for 100 A320 aircraft during the talks between German Chancellor Angela Merkel and Chinese Premier Li Keqiang in China on October 29. Included in the deal is the order for 30 A330 aircraft for US$17 billion announced earlier.
Premier Li taking Chancellor Merkel out for some top shelf liquor
The two countries have also sealed several other business agreements, including a strategic partnership framework agreement between Volkswagen and ICBC, and a three-party joint investment agreement between Deutsche Bourse, Shanghai Stock Exchange and China Financial Futures Exchange.
Premier Li also welcomed the immediate feasibility study of launching free trade discussions between China and the EU. He said China would become a huge market for Germany and the German industrial model would be a point of reference for China. Ms. Merkel’s the current visit on October 29-30, her 8th visit to China while in office, was at the invitation of State Council Premier Li Keqiang.
Ms. Merkel’s visit is also to follow up on the Action Outline of Sino-German Cooperation, signed by both governments in Berlin last October. Both sides will also discuss economic and global topics during the German Chancellor state visit.(Translation by David)