Miao Wei: Miao spoke of a new phase of industrial cooperation between the two trading partners, according to Deutsche Welle. Industry 4.0 is set to be one of the key topics of discussion for Gabriel during his two days of talks in Beijing, in which he is also scheduled to meet with Trade Minister Gao Hucheng, as well as the chairman of the National Development and Reform Commission, Xu Shaoshi. China minister for industry and information technology, Miao Wei, also signed the agreement on "intelligent manufacturing" or "Industry 4.0," which is based on the concepts of the "Internet of Things" and the "Internet of Services." "We intend to breathe life into the innovation partnership agreed with China in 2014," Gabriel said at the signing ceremony, referring to Chancellor Angela Merkel most recent trip to China a year ago. During his talks, Gabriel is expected to push for better access to the Chinese market for German companies, as well as the security of their investments. Legal concerns A couple of pieces of legislation, a recently approved sweeping national security law, and a planned cyber-security law have caused particular concern. While China is a vast emerging market that many foreign companies are keen to tap into, there are ongoing concerns about data security as well as the reliability and speed of the Internet there.
(news.financializer.com). As
reported in the news.
Tagged under Miao Wei, topics.