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. 。
B | 其中中国台球“一哥”丁俊晖以4:2战胜“95后”奥利弗·莱恩斯，赢得了其赛季首秀。自今年四月在斯诺克世锦赛正赛上遭遇“一轮游”后，丁俊晖返回国内，接连缺席了2022-2023赛季的前两场比赛(冠军联赛和欧洲大师赛资格赛)，此番出战英国公开赛资格赛是其新赛季的首次亮相。
C | 丁俊晖此次的对手是子承父业的英国小将小莱恩斯。此役开始，状态不错的丁俊晖迅速进入状态，前两局以2:0领先。随后莱恩斯连下两城，以2:2追平比分。关键时刻，丁俊晖显示出实力和经验上的优势，接连打出单杆81分和128分的好成绩，以98:0、133:0连续两局零封对手，最终以大比分4:2在赢得新赛季首秀的同时，也成功晋级英国公开赛正赛(正赛将于当地时间9月26日至10月2日举行)。
D | 作为中国台球的领军人物和世界斯诺克领域曾经的“80后”翘楚，丁俊晖近几年状态低迷。在2019年英锦赛上获得第14个排名赛冠军后，近3年来不仅无缘在排名赛中再次登顶，且多次在不同赛事中早早出局，世界排名已掉至第34位。因此，球迷们也期待丁俊晖能在新赛季重振旗鼓，打破久违的冠军荒，赢得第15个、乃至更多的排名赛冠军。
E | 在本次资格赛第二日的其它赛事中，另3名出战的中国选手也均传出捷报——刚在冠军联赛中跻身决赛的鲁宁以4:3绝杀塞尔特；“80后”老将田鹏飞在0:1落后的被动局面下，以4:2击败克雷吉；少年成名的吕昊天以4:1淘汰老将马克·金。至此，在本次资格赛前两日出战的9名中国选手全员晋级正赛。资格赛第三日，又有3名中国选手登场亮相，他们是梁文博、袁思俊、吴安仪。其中最受关注的当属另一名中国台球老将、继丁俊晖和中国香港名将傅家俊后第三位获得排名赛冠军的中国球员梁文博。
F | 因“殴打女性事件”，梁文博被世台联禁赛至今年8月1日，英国公开赛成为其解禁复出的首场赛事。在日前进行的热身训练中，梁文博状态爆棚，打出单杆147分，其在新赛季首秀的表现同样备受关注和期待。
G | 2022年英国公开赛资格赛于当地时间8月9日至14日进行，采取7战4胜制，所有参赛球员都将进行一轮资格赛，胜者进入正赛。中国军团共有28人参赛，再创参加排名赛人数的新高。
H | (完)
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