Container ships, gantry cranes and container yards are seen at the HHLA Container Terminal Burchardkai and the EUROGATE Container Terminal in Hamburg, Germany, on August 5, 2026. Photo: VCG German exports to China fell year-on-year in the first half of 2026, pointing to a deeper restructuring of bilateral trade as China moves up the manufacturing value chain, Chinese analysts said. They also cautioned that the decline should not be read as diminishing China's importance to German businesses, given the deep economic ties and the continued benefits of cooperation for both sides. Germany's first-half exports to China fell by more than 12 percent year-on-year to just under 37 billion euros ($43 billion), while imports from China rose 8.9 percent to 91.8 billion euros, according to data from Germany Trade & Invest (GTAI) cited by Reuters on Sunday. Germany's trade deficit with China widened to about 55 billion euros from 40 billion euros a year earlier, the report said. Reuters cited Corinne Abele, GTAI's East Asia expert, as pointing to weaker domestic demand and the fact that German companies are increasingly producing inside China. Commerzbank economist Vincent Stamer said that China's diminishing reliance on Germany showed that the country is becoming more independent of Western powers and catching up technologically, according to Reuters. China has continued to strengthen its capabilities in sectors including new-energy vehicles, artificial intelligence and advanced manufacturing, enabling more products and technologies that previously depended on imports to be supplied domestically, Zhao Junjie, a senior research fellow at the Institute of European Studies at the Chinese Academy of Social Sciences, told the Global Times on Sunday. "This means the structure of China-Germany trade is changing," Zhao said, noting that as Chinese industries move up the value chain, China's reliance on some German industrial products is declining, while Chinese companies are becoming more competitive in sectors where German manufacturers traditionally enjoyed strong advantages. In a position paper released on July 28, China's Ministry of Commerce (MOFCOM) said that the rapid growth of China's modern industries is driven by innovation, with nationwide research and development (R&D) spending growing by an average of 10 percent annually during the 14th Five-Year Plan (2021-25) period. The changing trade trend is also linked to Germany's own industrial competitiveness and policy environment, Zhao said, noting that high energy costs, demographic pressures and slower investment in some emerging technologies have weighed on the country's industrial upgrading and innovation. At the same time, political and security considerations have increasingly shaped Germany's economic policy toward China, as Berlin has moved closer to the broader US and EU "de-risking" agenda, Zhao said. "Such policies can be a double-edged sword, raising costs for German companies in China and disrupting bilateral economic cooperation while seeking to pressure Chinese industries." However, it is notable that overall China-Germany trade remained substantial. Total bilateral trade exceeded 128 billion euros in the first half, about 3 billion euros more than Germany's trade with the US, according to Reuters. China overtook the US as Germany's top trading partner in 2025 after US President Donald Trump launched sweeping protectionist tariffs that weighed on German exports to the US. Falling German exports should not be seen as diminishing China's importance to German businesses, especially as bilateral ties are increasingly expanding beyond trade into investment, local production and R&D, analysts said. German companies invested more than 7 billion euros in China in the first 11 months of 2025, up 55.5 percent from 4.5 billion euros in 2024 and 2023 and hitting a four-year high. German companies are bulking up their China business and adopting "China for China" production strategies partly to reduce exposure to possible tariffs and export restrictions, according to Reuters. Major German companies are also deepening their presence in China. BASF's Verbund site in Zhanjiang, South China's Guangdong Province went fully operational in March with an investment of 8.7 billion euros, the largest single investment project wholly owned by a German enterprise in China, the Xinhua News Agency reported. "China and Germany have developed deeply intertwined economic interests over many years," Zhao said. Rather than treating stronger Chinese industries as a reason to reduce cooperation, Germany should adapt to a relationship in which competition increasingly coexists with investment, innovation and industrial collaboration, he noted. Recent high-level exchanges have also underscored the importance both sides attach to economic ties. During a meeting with German Economy Minister Katherina Reiche in May, Chinese Vice Premier He Lifeng said that China and Germany are important economic and trade partners with a solid foundation, enormous potential and strong complementarity, calling on both sides to consolidate cooperation in traditional sectors and tap opportunities in emerging fields, according to the Xinhua News Agency. Reiche said that the German business community remained confident about China's economic prospects and innovation capabilities and would continue to deepen cooperation, Xinhua reported. The two sides have also moved to strengthen institutional mechanisms. China and Germany agreed to restart the China-Germany Joint Economic Committee and establish two new working groups on trade and investment and industrial cooperation, according to the MOFCOM. 。
C | 台风“梅花”未来路径预报图（央广网发 中央气象台截图）从最新气象资料分析，“梅花”将以台风级或强台风级的强度正面袭击宁波市，对该市产生严重风雨影响。另据浙江省水利厅、浙江省气象局7时35分联合发布的山洪灾害红色预警：预计9月13日8时至14日8时，海曙区、奉化区、余姚市、上虞区、嵊州市发生山洪灾害可能性很大（红色预警），北仑区、鄞州区、新昌县、定海区、岱山县发生山洪灾害可能性大（橙色预警），余杭区、临安区、象山县、宁海县、德清县、安吉县、普陀区发生山洪灾害可能性较大（黄色预警），西湖区、萧山区、富阳区、桐庐县、柯桥区、诸暨市、磐安县、东阳市、永康市、黄岩区、三门县、天台县、仙居县、温岭市、临海市、缙云县可能发生山洪灾害（蓝色预警）。请密切关注天气形势及雨水情变化，注意防范强降水引发的山洪灾害。为应对台风“梅花”，根据台风变化动态，铁路宁波站部分列车停运：9月13日、14日宁波一平顶山k1438次停运。9月14日、15日宁波一毫州k8512次停运。9月15日宁波一兰州k1040次停运。9月14日宁波一洛阳k166次停运。9月15日宁波一长春k336次停运。9月14日、15日宁波一济南T136次停运。9月15日宁波一郑州T326次停运。9月14日宁波一昆明Z290次停运。9月14日、15日宁波一武昌Z32次停运。铁路部门提醒旅客，已购买停运列车车票的旅客，请不要急于前往车站窗口办理退票业务，可于票面乘车日期起30日内（含当日）在互联网办理退票，或持购票时所使用的有效身份证件原件到车站专窗退票（ 已打印报销凭证的请将凭证交予车站窗口工作人员），以上均不收取手续费.停运列车车次及时间等相关信息，请以车站公告为准，若有疑问可致电铁路客服热线021-12306咨询。旅客还可关注铁路12306客服网站公告，以及长三角铁路官方微博、微信信息，以便合理安排行程。
D | 铁路部门也将密切关注台风路径变化，根据风速雨量和灾害影响程度等实际，动态调整列车开行方案，尽力服务旅客安全出行需要。客运方面，记者从宁波市港航管理中心获悉，目前白峰—普陀山、石浦环岛游、石浦—檀头山岛、石浦—渔山岛、三江夜游、东钱湖旅游、姚江旅游、郭巨-桃花等9条航线26艘客船停航。
E | 此外，郭巨—虾峙航线于13日9时30分后停航，郭巨—六横航线将于13日11时对开后停航。九龙湖旅游航线13日将视情停航。石鹤汽渡计划13日下午根据石浦港内航线实际风力或Ⅱ级应急响应前落实锚地避风。白峰—鸭蛋山航线正常运行。渡运方面，宁波市15道乡镇渡29艘渡船，其中石浦—渔山渡、岳井渡、上林湖3道渡口12艘渡船停航，其他12道乡镇渡17艘渡船13日将逐步停航。返回搜狐，查看更多责任编辑：
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