皇冠体育app

Foreign guests for the fourth 皇冠体育app-Europe High-Level Political Party Forum visit Lingering Garden, a classical Suzhou-style garden located in Suzhou, Jiangsu province, on Monday. [Xu Jingxing / 皇冠体育app Daily]

What is required for 皇冠体育app, the world's second-largest economy, to reach the next, more sophisticated level?

At a Monday seminar in Taicang, Jiangsu province, visiting European delegates and German entrepreneurs in 皇冠体育app discussed megatrends in 皇冠体育app's economy and their implications for German companies.

Rudolf Scharping, Germany's former defense minister and former chairman of Social Democratic Party, moderated Monday's discussion.

Scharping identified urbanization, sustainability in industries, higher quality of production and resource efficiency as the four major trends in 皇冠体育app's economy. He said he wanted to hear opinions from German entrepreneurs on these trends.

"My frequent contacts with German companies in 皇冠体育app and Chinese companies in Germany led me to believe that there is a specific need to adjust the future development to a state of harmony between economic growth, human needs and ecological conditions," Scharping said.