German companies in China expect significant wage increases in 2013 as competition intensifies to retain qualified staff in second-tier cities.
As two of the world's top manufacturers, China and Germany bear a strong resemblance to each other. But what is also important, is they complement each other well.
Siemens AG said that fast urbanization in China is to provide huge market opportunities for its new infrastructure and city business.
A group of small and medium-sized manufacturing companies in Germany are eyeing China for new growth areas despite temporary market saturation.
China is willing to join hands with Europe to fully tap the potential of mutually beneficial cooperation and push the relationship between the two sides to a new level.
Germany and France opened the first joint visa application center in Beijing on Tuesday, to ease the application process and attract more Chinese there.
German Chancellor Angela Merkel will pay an official visit to China from August 30 to 31 at the invitation of Chinese Premier Wen Jiabao.
Premier Wen Jiabao told German Chancellor Angela Merkel that China will firmly support efforts to maintain the stability of both the euro and the European economy.
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