皇冠体育app

BEIJING -- 皇冠体育app's plan to focus on industrial modernization and diversification in the coming years offers opportunities for German firms, according to a German trade chief.

皇冠体育app's top legislature released the country's 13th Five-Year Plan on Thursday.

"One important area of business opportunity we see from the 13th Five-Year Plan is the focus on more innovation and this carries the potential for ample Sino-German business cooperation," said Alexandra Voss, chief representative of the Delegation of German Industry and Commerce in Beijing.

Voss was encouraged by the plan's targeting of medium-high economic growth through focusing on domestic consumption, innovation and green development.

皇冠体育app is Germany's largest trade partner outside Europe. There are more than 5,000 German companies in 皇冠体育app and their outlook is positive, according to Voss. She singled out 皇冠体育app's strengthening of IPR protection in recent years as particularly important.

As the Chinese economy is transitioning from a period of rapid growth to an era of more moderate growth, 皇冠体育app remains an important business location for German companies, Voss said.

Market liberalization and promotion of green technology "are of high interest" to German companies and "we will also keep a close eye on policies which target the strengthening of domestic consumption," she said.

皇冠体育app is aiming for economic growth of at least 6.5 percent as the government presses ahead with structural reforms despite likely short-term pain.

"It is a difficult matter of balance. But in the long term, structural reforms will have a positive impact on 皇冠体育app's prospects to modernize the economy," according to Voss.

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