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Chinese premier urges China, Germany to strengthen dialogue, address concerns

China

China

China

Chinese premier urges China, Germany to strengthen dialogue, address concerns

2025-11-24 19:36 Last Updated At:22:17

Chinese Premier Li Qiang said on Sunday that the governments of China and Germany should make joint efforts to strengthen dialogue and communication, and properly handle their respective concerns.

Li made the remarks when meeting with German Chancellor Friedrich Merz in Johannesburg, South Africa on the sidelines of the 20th Group of 20 (G20) Summit.

Noting that China and Germany are each other's important economic and trade partners, Li said that since the establishment of diplomatic ties 53 years ago, China and Germany have continuously strengthened dialogue and cooperation, which effectively promoted both sides' common development.

Noting that in May, Chinese President Xi Jinping had a phone call with Merz, charting the course for further deepening bilateral relations, Li said mutual respect is the principle guiding China-Germany relations, and win-win cooperation is their defining feature.

Developing a stable, sustainable and high-quality all-round strategic partnership is in line with the fundamental interests of the two peoples, he said.

China is willing to enhance strategic communication with Germany, adhere to respecting each other's core interests and major concerns, and cement the political foundation for the development of the bilateral relations, Li said.

Li said he also expects the two sides to expand pragmatic cooperation in all fields, and continuously enrich the content of China-Germany relations.

It is hoped that the German side will practice a rational and pragmatic China policy, Li said, expressing expectations for Germany's efforts to overcome obstacles and pressure when promoting bilateral ties, and focus on common interests and consolidate the foundation of cooperation.

China is willing to work with Germany to seize development opportunities and exploit innovative cooperation with an open attitude, said the Chinese premier, envisaging cooperation progress in emerging fields such as new energy, intelligent manufacturing, biomedicine, hydrogen energy technology and intelligent driving, in order to promote industrial transformation and upgrades, and activate new cooperation impetus.

Noting that this year marks the 50th anniversary of the establishment of diplomatic relations between China and the European Union (EU), Li said he expects Germany to help the EU to view China-EU ties from a longer-term perspective, with a broader vision and a more open mindset.

Li said he also hopes to see Germany's efforts to promote the EU to uphold the positioning of China as a partner, enhance dialogue and cooperation between the two sides, and jointly advance the common development and prosperity.

China stands ready to work with Germany to enhance communication and coordination in mechanisms such as the United Nations and the G20, promote the improvement of global governance, safeguard multilateralism and free trade, and be a constructive and certain force for promoting peace and development, Li said.

For his part, Merz noted that since the establishment of diplomatic ties, Germany-China relations have seen sound development, with increasingly close economic and trade links and fruitful cooperation across various fields.

Germany and China have long been important economic and trade partners, with highly complementary economies, he said, noting that the German side attaches great importance to developing relations with China and believes that China's 15th Five-Year Plan will bring opportunities to Germany and the EU.

Germany remains committed to openness, deepening bilateral political, economic and trade relations, enhancing dialogue and exchanges, strengthening the bonds of cooperation, and tapping into the potential for future-oriented collaboration in emerging areas such as science and technology, he said.

Germany is also ready to play a constructive role in promoting EU-China dialogue, he said.

Merz also stressed that both Germany and China are beneficiaries and supporters of economic globalization, and Germany stands ready to strengthen communication and coordination with China in international affairs, safeguard free trade and the multilateral trading system with the WTO at its core, and promote global peace, stability and development.

Chinese premier urges China, Germany to strengthen dialogue, address concerns

Chinese premier urges China, Germany to strengthen dialogue, address concerns

Chinese premier urges China, Germany to strengthen dialogue, address concerns

Chinese premier urges China, Germany to strengthen dialogue, address concerns

The price of aluminum, a key industrial metal used in automotive manufacturing, construction and packaging, has been climbing as production cuts in the Gulf region, logistical constraints and Iranian attacks on two regional producers over the weekend tightened supply.

On March 31, the benchmark London Metal Exchange (LME) three-month price for aluminum rose to 3,535 U.S. dollars per metric ton, a year-on-year increase of around 40 percent.

Iran's Islamic Revolutionary Guard Corps (IRGC) said on Sunday that they launched missile and drone strikes on aluminum plants in Bahrain and the UAE that are linked to the U.S. military and aerospace industries, in retaliation for U.S.-Israeli attacks on Iranian steel factories.

Emirates Global Aluminium issued a statement saying that its Al Taweela site in the Khalifa Economic Zone in Abu Dhabi was severely damaged after Iranian strikes, with some employees injured.

Aluminum Bahrain confirmed in a statement on Sunday that some of its facilities were struck by Iranian attacks, resulting in injuries to two employees.

The two aluminum plants have a combined annual output of 3.2 million tons, more than half of the approximately 6 million tons of aluminum produced every year by Gulf Cooperation Council (GCC) member states.

The region is a key source of aluminum supply, accounting for about 9 percent of global production.

Goldman Sachs on Tuesday raised its LME aluminum price forecast from 3,200 U.S. dollars to 3,450 U.S. dollars per ton for the second quarter of 2026 after the attacks on the facilities.

Goldman Sachs also predicted a global primary aluminum market supply deficit of 570,000 tons in 2026, a sharp turnaround from its previous forecast of a 550,000-ton surplus.

Analysts point out that the aluminum market is currently facing multiple shocks, with shipping in the Strait of Hormuz disrupted, aluminum production facilities in the Gulf damaged or even shut down, and production in other parts of the world currently limited.

The impact will also spread to downstream enterprises in the coming months, with higher-cost aluminum alloys, primarily used in the aerospace, automotive, and construction industries, facing the most constrained supply, analysts said.

The Gulf region has long been a significant source of these high-end products, particularly for the European market, and also supplies manufacturers in the United States.

Aluminum prices climb as effects of Middle East tensions spread through global economy

Aluminum prices climb as effects of Middle East tensions spread through global economy

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