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Analysts said Chinese mainland enterprises are increasingly diversifying their investments globally with a particular appetite for trophy properties in prime markets, eyeing stable and steady, long-term yields from rental income.

And what is true for Germany is also true for the whole of Europe: The European Union is China's most important trading partner and the largest sales market. China's trade volume with Germany is almost as large as China's trade with France, Great Britain and Italy combined. And the Port of Duisburg is the main hub for this trade. German companies and their joint ventures have made outstanding contributions - to the benefit of both sides - to China's technological development. Many companies have also introduced new elements of a socially oriented corporate culture. Increasingly, Chinese companies are also investing in Germany for mutual benefit. Despite the current slowdown in growth, many German companies want to expand their business in China. In order to continue to develop economic dynamism in the future, innovations are essential - for example, to drive forward the digitization of industrial production. We would like to cooperate even more closely with China in this area - especially when the legal protection of innovations is better secured.

And last year, the Chinese government started a seven-year automated agriculture pilot project in Xinghua, Jiangsu province. The project includes rice transplanters, pesticide applicators, fertilization equipment, and driverless tractors that are navigated via global positioning satellites.

Analysts have called for security systems and industry standards to underpin the sustainable development of blockchain applications, as loopholes in the technology could bring about huge financial losses.

And by holding the event, Beijing has once again demonstrated its firm belief in free trade and an open global economy, as well as its rock-solid determination to further open up its market to the wider world.