Germany's Hamburg seeks trust, chance in China

Beijing, Nov. 16 (People’s Daily Online) -- Hamburg, which is second biggest city in Germany and known as a home away from home for Chinese firms in Europe, expects to lure more Chinese investments and extend the scope of cooperation with Chinese cities.

Olaf Scholz, First Mayor of Hamburg, led a delegation with cultural and business leaders from Germany to pay a five-day visit in Beijing and Shanghai from Nov. 13 to Nov. 17. He held talks with Chinese leaders and exchanged views about the Sino-Germany friendship and the European debt crisis with Chinese officials.

Rebuilding trust in euro

In a press conference held in the German Embassy in Beijing, Scholz responded to reporters' worries about the European Union's economic prospects. During talks with Chinese leaders, he sensed China's trust in the European Union’s resilience in the face of crisis and he very much appreciated that, he said.

Chinese leaders have sent clear signals of support for the stability of the euro on many occasions. China "sincerely wishes to see stability in the euro zone and the euro," Chinese President Hu Jintao wrote, reaffirming the nation’s stance in a written interview with the French newspaper Le Figaro earlier this month.

Scholz said reporters should understand that the current turmoil comes out of mounting public debts in several euro zone members and is not the fault of the euro itself.