establishment in 2012 is the 40 anniversary of the frequent interaction between leaders of the two countries in China and Germany. Chinese Premier Wen Jiabao invited Germany Chancellor Angela Merkel on August 30 for a two-day official visit to China, the visit is Merkel's second visit to China this year. Two Prime Ministers co-chaired the second round of the Sino-German Government consultations, consultations focused on economic and trade topics, this will be conducive to pushing for further development of Sino-German economic and trade cooperation.

information networks according to the customs statistics, this 1-German bilateral trade scale of 93.39 billion dollars in July, compared to the same period last year (hereinafter referred to as per cent) fell 2.3%, 4.3% per cent of China's total import and export volume over the same period. Among them, Germany exported $ 40.18 billion, down 6.5%; Germany imported US $ 53.21 billion, an increase of only 1%.

I, January-July this year, Sino-German trade main features:

1 July the German exports fell for the 2011 one-month maximum

July of this year, German exports totaled US $ 6.21 billion, down by 18.4%, this is the biggest drop in a single month since 2011.

2, since Germany imports nearly one-fifth from car products

1-July of this year Germany imported cars to 10.02 billion dollars the total value of these products, all over China since Germany imports total 19%. (See table 1)

3, under the influence of PV industry and trade friction, solar cell export setback, polysilicon imports increased price drop

1-this year July Germany solar 32.341 million of total exports, fell 24.2%, exports amounted to us $ 1.38 billion, down 61.1%; Germany imported poly [2]1048.7 kg, an increase of 62.4%, and imports amounted to us $ 360 million, down by 17.4%. Sharp fall in imported polysilicon price, resulting in domestic manufacturing enterprises of 80% is in a shutdown state.

4, subjects of foreign-invested enterprises for the import and export trade, accounting for half of

in import and export trade between China and Germany, foreign-funded enterprises play a major role. 1-July, total imports and exports of foreign invested enterprises this year to us $ 55.51 billion, 59.4% of total Sino-German trade volume.

5, the General subject of trade for the Sino-German bilateral trade, especially imports of general trade accounted for more than 80%

and contrary to the overall process of our import and export trade, import and export by general trade as the main body. 1-German general trade import and export volume in July this year to 63.44 billion dollars, down 1.4%, 67.9% per cent of total imports and exports in China and Germany. General trade imports reached 42.34 billion dollars, up 1%, 79.5% per cent of total imports over the same period.

II main results achieved consultations, economic and trade fields

1, China and Germany signed a framework agreement on phase II of the Airbus final assembly line China 13 agreements, covering aviation, automobiles and other areas. Including China had ordered 50 Airbus A320 aircraft worth 3.5 billion dollars, Airbus will invest 1.6 billion US dollars in Tianjin to build an assembly line, Germany Volkswagen investment of 290 million US dollars in an automobile parts manufacturing plant in Tianjin, China's ZTE Corporation and Germany IET agreement such as optical fiber communication project valued at US $ 1.3 billion.

2, Government support in Germany and China in bilateral trade and investment in financial institutions and enterprises of the two countries use the renminbi and euro.

3, the two Governments pledged to continue to support the Group of 20 Summit in Los Cabos is not taking any new protectionist measures in trade and investment decisions, and this commitment will be extended until the end of 2014, to recover any new protectionist measures.

4, and two will discussion established advanced manufacturing dialogue, strengthening in existing of energy, and loop economic and environmental technology, and biological technology and medicine economic working group framework within of cooperation, and in energy efficiency, and nuclear security, and garbage processing, and environment technology, and loop economic technology, and biological and the medicine technology, and smart grid, and special high pressure grid and new energy, area of cooperation.

5, continue to advance German eco-park project in Qingdao, established Semiconductor Lighting (LED) partnership in basic research and technology development, strengthening of laboratories and enterprises cooperation, promote joint research and development projects.

III, the prospects for Sino-German trade may period

as European debt crisis continues to spread and deterioration of Germany in a precarious hold on and macroeconomic data from the first 7 months of this year, Germany is by far the best economic situation in the EU countries, but the trade situation with China is extremely bleak. Aviation carbon emissions taxes in particular by the European Union and the PV industry impact of trade friction, German aircraft, solar cell and polycrystalline silicon products such as import and export trade was in an awkward position. In such a background, Merkel's trip to China, will undoubtedly further deepen Sino-German economic and trade cooperation between the two countries, German sides expand cooperation in space in the future. As evidenced by:

1, both sides agreed to consult the PV industry in China and Germany, which is not only a boon to the PV industry also plays a role model to solve trade friction in the world.

2, strengthened in areas such as aircraft, vehicles, communications and semiconductor lighting depth of cooperation, good for further mutually beneficial win-win situation.

3, new energy, new areas of cooperation such as high-end manufacturing and high-tech, width of expanded economic and trade cooperation between the two countries.

4, bilateral trade in Renminbi and the euro, benefiting both avoid dollar as an intermediary currency risk and increases the convenience of trading.

Merkel's visit, like a gust of whirlwind, is short and strong. Although only just over two days ' time, but a huge team, huge purchase order consultations and fruitful results have far exceeded expectations, bringing new vitality to Sino-German economic and trade exchanges in the second half.