Skip to main content

German Chinese partnership deal struck at senior level

Chinese premier Li Keqiang and German chancellor Merkel recently witnessed a strategic agreement between XCMG and SAP Software. The two political leaders were present when XCMG chairman Wang Min and SAP Software vice president and managing director of Greater China Li Qiang signed a strategic cooperation agreement. This formed a major part of the signing ceremony for Sino-German Economic & Trade Cooperation Projects held at Shangri-La Hotel in Hefei, capital of east China's Anhui Province.
November 5, 2015 Read time: 3 mins
Chinese premier Li Keqiang and German chancellor Merkel recently witnessed a strategic agreement between 2490 XCMG and SAP Software. The two political leaders were present when XCMG chairman Wang Min and SAP Software vice president and managing director of Greater China Li Qiang signed a strategic cooperation agreement. This formed a major part of the signing ceremony for Sino-German Economic & Trade Cooperation Projects held at Shangri-La Hotel in Hefei, capital of east China's Anhui Province.

Before that, the two political leaders attended the Second Meeting of the Sino-German Advisory Committee on Economy with business leaders from both countries. XCMG chairman Wang Min was invited to attend the meeting and delivered a speech as a representative of Chinese key enterprises.

At the Second Meeting of the Sino-German Advisory Committee on Economy, the attendees exchanged views and points on “Innovation Cooperation”, “Financial Cooperation” and other issues of great concern. In the following seminar and talks, Chinese premier Li Keqiang and German chancellor Merkel listened to the speeches delivered by entrepreneurs from both countries. In his speech, Chairman Wang introduced XCMG’s investment and cooperative efforts in Germany and its future plans, and proposed an array of positive and constructive advice on policy supports for Chinese businesses’ investments in Germany to Chancellor Merkel.

With the presence of Chinese Premier Li Keqiang and German Chancellor Merkel, XCMG Chairman Wang Min and SAP Software Vice President Li Qiang signed the strategic cooperation agreement.

XCMG is a leading construction machinery manufacturer in China. SAP is the world’s leading supplier of enterprise management solutions.

The strategic cooperation between the two sides will help optimise XCMG’s R&D and design, installation and commissioning, intelligent logistics and risk precaution in relation to construction machinery. It will also help strengthen XCMG’s abilities in R&D and design collaboration, intelligent manufacture, intelligent service and risk control in its globalisation process.

SAP vice president Li Qiang said that the Chinese government is making great efforts to push forward the business transformations of enterprises. XCMG is cooperating with SAP to explore business opportunities in its transformation from the conventional manufacture to service-oriented manufacture. SAP's digitised platform will help XCMG to take the lead in transformation and update of its business growth in the global equipment manufacturing industry.

For more information on companies in this article

Related Content

  • IRF & RTA convene transportation stakeholders to Dubai for key event
    June 22, 2021
    IRF World Meeting will be a global summit and technology showcase
  • Transport under the spotlight
    February 13, 2012
    A round-up of some of the major transport-related meetings that have been held in Europe. Compiled by Patrick Smith. Europe has hosted a number of annual events over the last few weeks, where important matters of transport were discussed, reports produced, and decisions taken. ASECAP (the European Association of Tolled Motorways, Bridges and Tunnels Infrastructures Operators); International Transport Forum (ITF); Arena (TRA); International Road Federation (IRF), and the European Construction Industry Federa
  • The doors open on a record-breaking bauma China 2018
    November 22, 2018
    You can tell a lot from numbers – and this year’s bauma China exhibition is set to be a record-breaker! The exhibitor numbers represent an impressive 11% increase on the 2,958 exhibitors from 41 countries that presented their products and innovations to around 170,000 visitors at the 2016 event.
  • Strong attendance points to a successful bauma China show
    December 17, 2014
    Even heavy rain showers on the first day of the bauma China exhibition in Shanghai did not dissuade the crowds packing the outside exhibition areas - Mike Woof writes Those firms exhibiting at bauma China 2014 in Shanghai benefited from a strong show that attracted a record attendance of 191,000, an increase of 6% over the 2012 event. A wide array of new equipment was on show from the 3,104 firms exhibiting, an increase of 14% from 2012. There was a strong focus on technology and new engines required for