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China firms to sign $6.25b deals with Germany

Updated: 2011-01-07 12:23

By Fu Jing and Hou Lei (chinadaily.com.cn)

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China's Vice Minister of Commerce Gao Hucheng said Thursday evening in Berlin that Chinese entrepreneurs will sign $6.25 billion worth of procurement contracts with Germany.

Gao made the remarks at a dinner with German and Chinese business representatives during Chinese Vice Premier Li Keqiang's visit to Germany, where he is accompanied by more than 100 Chinese entrepreneurs.

Gao did not disclose the details of the contracts. But he said Chinese enterprises in the new energy, clean technology, chemical, mechanical and electrical, communications and other high-tech areas have a very strong desire to purchase German products and expect cooperation with Germany.

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