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Maglev railway projects to go ahead in new agreement

CHINA and Germany yesterday signed a memorandum of understanding on the transfer of parts of the core technologies from Germany for the Maglev railway projects in China.

The deal was signed by Wu Xiangming, president of the Shanghai Magnetic Transportation Development Co, and Hans Christoph Atzpodien, chairman of Germany's Thyssen Krupp Technology.

The agreement was among six deals signed by the two sides during Premier Wen Jiabao's official visit to Germany.

Zhang Ping, minister in charge of the Chinese National Development and Reform Commission, signed an agreement on cooperation in climate protection with Sigmar Gabriel, Germany's environment minister.

The two countries also clinched deals covering cooperation in the car industry, the construction of the Chinese ecological city of Xuzhou, and exchanges between museums.

The signing ceremony was witnessed by Wen and German Chancellor Angela Merkel.

China and Germany have agreed to enhance their comprehensive strategic partnership and cooperation in jointly dealing with the global economic crisis, Wen told a press conference in Berlin following a meeting with Merkel yesterday.

The strengthened Sino-German cooperation is of special significance in the context of the current global economic downturn, Wen said.

The two nations should strengthen cooperation in various fields and press ahead with their comprehensive strategic partnership, which bears global responsibility amid an ailing global economy, Wen said.

Merkel said Germany is ready to promote bilateral cooperation in improving energy efficiency, environmental protection and intellectual property protection.

Merkel also called on the two nations to further enhance bilateral trade and economic relations, despite the harsh economic environment.

Germany is the second leg of Wen's week-long European tour following Switzerland, where he attended the World Economic Forum. The trip will also take him to the European Union headquarters in Belgium, as well as Spain and Britain.



 

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