A Journey to Hamburg, Germany: Vast Potential for Cooperation Explained

——Ningbo,Setting Sail to Embrace the World,an Extensive Global Cross-Media Journalism Campaign

NINGBO,China,May 20,2022 --A news reported from NBGD:

As the 50th anniversary of diplomatic relations between China and Germany approaches,the team of Ningbo,an extensive global cross-media journalism campaign of 2022,visited Hamburg,Germany.

Trade between Hamburg and Chinese cities goes back to the time of the Hanseatic League. Hamburg has long been China's gateway to Europe and a hub on the Belt and Road. Wang Wei,the Chinese Consul General in Hamburg,expressed his confidence about Ningbo-Hamburg cooperation,"Both the Yangtze River Delta and Northern Germany,where Ningbo and Hamburg are situated,are regions of economic vitality and harbor the potential for innovation. The existing innovation partnership between the two cities will bring the two regions closer. With their complementary strengths,they will achieve shared growth. As the heartland of their respective regions,Ningbo and Hamburg will definitely continue to play a leading role."

Hamburg is known as the European gateway to the world. Likewise,Ningbo is home to the busiest cargo port in the world. Jens Meier,CEO of the Hamburg Port Authority,said,"in throughput figures,this has been obvious for decades now: about one-third of Hamburg's containerized cargo traditionally either comes from China or goes to China. The Ningbo Zhoushan Port is one of the most important ports in this flourishing trade relationship,hence its importance for Hamburg is high. But the close links of the Port of Hamburg with Ningbo Zhoushan are going far beyond this. The Port of Hamburg has concluded bilateral cooperation agreements with only very few ports world-wide,which are selected carefully and with an eye on strategic objectives and mutual benefit. The Ningbo Zhoushan Port is one of them."

StefanMatz,Director ofthe International Investments DepartmentatHamburg Invest,has been working to make Hamburg a global center of commerce. He sees great potential and value in Ningbo. "There are a lot of traditional industries (in Ningbo and Hamburg),but also a lot of new products,industries,strategies,and projects coming up. We also have a lot in artificial intelligence. and I know that Ningbo is very strong in that as well. I think that in these two fields,there is a lot of cooperation potential."