For a prudent alignment in relations with China
The federal cabinet approved a China strategy for the first time in mid-July 2023. In it, the federal government reiterates the three-dimensional assessment of China as a “partner, competitor and systemic rival”. The German Association of the Automotive Industry welcomes the fact that the China strategy takes into account both strategic and security interests as well as economic opportunities. For the German automotive industry, China is not only an important sales market and innovation location, but also an increasingly important supply market.