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

  • Chinese construction machine manufacturers bullish as market recovers
    April 23, 2018
    Chinese manufacturers are increasing sales of construction machines both in their home market and also for export. This is the claim from Wang Guiqing, vice president of China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME). Wang said that demand for machines in China has increased as market conditions have improved, while the impact of the Belt and Road strategy for developing infrastructure is a massive benefit for export sales. As many projects are now commencing
  • Ertico and ITS China sign MoU
    May 2, 2012
    Ertico - ITS Europe and ITS China have signed a Memorandum of Understanding that will open up new areas of cooperation and business opportunities. Both organisations have pledged to intensify efforts to share information about areas of mutual benefit and step up the organisation of demonstrations and workshops where Ertico and ITS China partners can exchange R&D and commercial opportunities
  • Beijing’s BICES 2015 exhibition shows strong support
    October 1, 2015
    The BICES 2015 construction equipment exhibition in China’s capital Beijing attracted a strong attendance. Visitor numbers were good while the event also had good support from exhibitors, both Chinese and international. The exhibition benefited strongly from its move to Beijing’s new exhibition centre, located close to the international airport and with far better access by public transport than the previous site. Many attendees chose to travel to the showground by metro, giving swift access from the city c
  • Metso and CDE strike partnership for India
    May 14, 2018
    Metso and CDE are setting up a partnership that will see the two firms offering a comprehensive range of solutions for the manufactured sand market in India. The deal has been agreed between Metso (India) and CDE Asia Limited and takes the form of marketing cooperation in order to provide comprehensive manufactured sand solutions to customers in India. Metso's scope covers the crushing and screening technology, and CDE Asia will provide the wet classification equipment required in the manufactured sand