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China Plans to Boost Trade with Germany to $280 billion by 2015 For more news and videos visit ➡ ‪english.ntdtv.com‬ Follow us on Twitter ➡ ‪http Add us on Facebook ➡ ‪on.fb.me Chinese Premier Wen Jiabao said Monday China plans to boost bilateral trade with Germany. The aim is to increase trade to $280 billion US dollars by 2015. Wen, who is visiting Germany, said the two countries should ease protectionism and improve mutual market access. [Wen Jiabao, Chinese Premier]: "Common efforts in the following areas are necessary: first, the expansion of bilateral trade. Market access must be expanded. Market protectionism must be put aside. The bilateral trade volume should be increased to $280 billion by 2015." Germany is China's major European business partner—involving about one third of China's total trade in the EU. Trade between the two countries was $190 billion dollars last year. Wen hopes to increase it by about 50 percent by 2015. Germany makes high-quality equipment Chinese businesses use to produce their goods. [Wen Jiabao, Chinese Premier]: "Germany has a vast experience in the development of medium-sized businesses and we too can learn a lot from that." Chinese exports to Germany include textiles, electrical goods, and toys, while China is a huge market for German cars. Wen is scheduled to sign a deal with German carmaker Volkswagen to build a new factory in China's Xinjiang Province. From: NTDTV Views: 28 3 ratings Time: 01:33 More in News & Politics