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The potential for China-Germany automotive industry cooperation is huge with broad prospects
The automotive industry is an important area of China-Germany economic and trade cooperation. Currently, the global automotive industry is experiencing unprecedented changes in a century, with cutting-edge technologies such as artificial intelligence and big data accelerating integration with the automotive sector. The global competitive landscape and value chains are undergoing profound reshaping. As core participants and promoters of the global automotive industry, China and Germany each have unique advantages and are highly complementary in areas such as technological research and development, manufacturing processes, and market resources. The potential for cooperation is enormous, and the prospects are broad. (China Daily)