Thu, August 30, 2012
China > China & World

China and Germany ink deal for 50 Airbus planes

2012-08-30 06:06:25 GMT2012-08-30 14:06:25(Beijing Time)  Xinhua English

Chinese Premier Wen Jiabao (2nd L) and German Chancellor Angela Merkel co-chair the second round of Chinese-German intergovernmental consultations at the Great Hall of the People in Beijing, capital of China, Aug. 30, 2012. (Xinhua/Liu Weibing)

Chinese Premier Wen Jiabao (2nd L) and German Chancellor Angela Merkel co-chair the second round of Chinese-German intergovernmental consultations at the Great Hall of the People in Beijing, capital of China, Aug. 30, 2012. (Xinhua/Liu Weibing)

Chinese Premier Wen Jiabao (2nd L) and German Chancellor Angela Merkel co-chair the second round of Chinese-German intergovernmental consultations at the Great Hall of the People in Beijing, capital of China, Aug. 30, 2012. (Xinhua/Liu Weibing)

Chinese Premier Wen Jiabao (2nd L) and German Chancellor Angela Merkel co-chair the second round of Chinese-German intergovernmental consultations at the Great Hall of the People in Beijing, capital of China, Aug. 30, 2012. (Xinhua/Liu Weibing)

Chinese Premier Wen Jiabao (2nd L) and German Chancellor Angela Merkel co-chair the second round of Chinese-German intergovernmental consultations at the Great Hall of the People in Beijing, capital of China, Aug. 30, 2012. (Xinhua/Liu Weibing)


BEIJING, Aug. 30 (Xinhua) -- China and Germany signed a series of cooperative documents Thursday, including a procurement deal for 50 Airbus planes.

The signing ceremony was attended by Chinese Premier Wen Jiabao and German Chancellor Angela Merkel, after both co-chaired the second round of Chinese-German intergovernmental consultations in the morning.

China's ICBC Leasing and Airbus signed the procurement deal for 50 Airbus A320 planes with a worth of 3.5 billion U.S. dollars.

The two countries also inked more than 10 other cooperative documents, including an agreement about Airbus plane assembling in China. The documents range from aviation, automobile, communication, energy, environment, health to maritime cooperation.

Merkel arrived in Beijing Thursday morning, kicking off a two-day official visit to China at the invitation of Chinese Premier Wen Jiabao.

China to invest in EU bonds if risks controlled: Premier Wen

China is willing to continue investing in European Union (EU) government bonds on condition of fully evaluating the risks, Premier Wen Jiabao said Thursday.

China will enhance communication and consultations with EU, European Central Bank, relevant monetary funds and major countries to support the debt-ridden EU members to ride out the hardships.

Wen made the remarks when meeting the press after co-chairing the second round of Chinese-German intergovernmental consultations with the visiting Germany Chancellor Angela Merkel.

China hopes EU could find a balance between fiscal austerity and economic stimulus, which is the fundamental way-out to the crisis, Wen said.

The government should have confidence of the country, so does the financial institutions to the business, the enterprises to the market, and the consumers to the future prospects, Wen added.

China's cooperation with Germany and EU should center on bolstering confidence. We should let people see the hopes, oppose protectionism and deepen collaboration to explore the market, Wen said.

Related news:

Wen holds talks with Merkel

Economic and trade issues to top Merkel's visit: expert

Profile: German Chancellor Angela Merkel

German Chancellor Angela Merkel to visit China

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