Following the constructive talks he had with Prime Minister Li of China and several ministers in Beijing, and having spoken at the opening the Western China International Fair in Chengdu, Federal Minister for Economic Affairs and Energy Sigmar Gabriel is now travelling to Hong Kong, where he will attend the 15th Asia Pacific Conference of German (APK).
Minister Gabriel said: "The Asia-Pacific region is a key driver of growth in the global economy, and therefore of major interest to German business. For the full potential of cooperation to be harnessed, it is, however necessary that we eliminate the barriers to trade and investment that still exist and agree on common rules that we abide in our trade policies".
Speaking on behalf of German firms operating in Asia, Dr Hubert Lienhard, Chairman of the Asia-Pacific Committee of German Business, said: "Across the world, we can see that people are increasingly critical of globalisation. We must work against this trend and demonstrate that open markets and free trade actually work - to the benefit not only of business, but also of society at large.This is a task at which we will only succeed if businesses and policy-makers and in Germany and in the Asia-Pacific region act in concert."
At the APK, Federal Minister Gabriel will also meet with trade ministers from the region to discuss bilateral economic relations.