The ties between China and Germany in business and technology are becoming increasingly reciprocal, with both nations exchanging expertise and innovation, as highlighted in a recent joint research report presented in Beijing. This development marks a shift from the previous dynamic where the flow of knowledge primarily moved from Germany to China.
The report was introduced at the China-Germany (China-Europe) Hidden Champions Forum 2026, held in the Shunyi district of Beijing. This event attracted over 400 executives and business delegates from both Europe and China, fostering discussions on deepening cooperative efforts. The research indicated a significant interest from European companies in expanding their footprint in China. Notably, 38 percent of the European firms surveyed expressed their intention to boost research and development investments within China. Additionally, 40 percent plan to grant their Chinese branches more autonomy from the German headquarters, underscoring a shift towards local empowerment.
Simultaneously, Chinese electric vehicle manufacturers like Li Auto and NIO are establishing research and design centers in Germany, highlighting a burgeoning two-way technological exchange. This move signifies China’s growing interest in tapping into German expertise while also contributing its own innovations to the global market, fostering a dynamic of mutual growth and development.
A significant aspect of the forum was the inauguration of a public service station aimed at assisting businesses in overcoming technical trade barriers. Additionally, a new initiative was launched to encourage German and European companies to engage more actively in Beijing’s economic and technological cooperation zone located in Shunyi. This initiative is designed to facilitate smoother collaboration and integration between enterprises from both regions.
According to Tang Wenhong, Beijing is committed to enhancing the collaboration between Chinese and German enterprises. The city is aiming to attract more innovative companies, bolstering its status as an international hub for science and technology. This strategic focus not only strengthens bilateral relations but also positions Beijing as a key player in the global technological landscape.