Chinese President Hu Jintao and German Chancellor Gerhard Schroeder reaffirmed good relations between the two countries in their meeting on July 7 on the sidelines of a dialogue between leaders of the Group of Eight and five developing countries.

China and Germany hold similar or identical views on many international and regional issues and the two countries have cooperated well, said Hu.

The Sino-German ties, with care and support from officials of both countries, have yielded remarkable results in economic and trade cooperation, Hu said, stressing that China highly values contributions by Schroeder, who has visited China six times to promote bilateral ties.

China believes that Germany has taken a road of peaceful development since the end of World War II and that it has become an important country for maintaining world peace and stability, said the Chinese leader.

He said China is ready to work with Germany to enhance political trust, promote economic and trade cooperation and expand exchanges in the fields of energy, education, culture, science and technology.

Schroeder said Germany-China ties are at their best in history with fruits in all aspects of cooperation.

He said he was impressed by Hu's proposals at the dialogue on efforts to stabilize the world oil markets and to tackle key economic issues.

Germany desires better cooperation with China in the development of the world economy, especially in the tapping of environment friendly energy resources, Schroeder said.

Source: Xinhua