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Chinese companies donated equipment worth several million euros, she said.

Chinese authorities have increased efforts to support the real economy, with measures ranging from tax breaks to easier financing channels.

Chinese Vice-President Wang Qishan is visiting Germany from Thursday to Sunday at the invitation of German government. During the visit, China and Germany will have an in-depth exchange of ideas on bilateral relations and cooperation in various fields, Wu noted in a recent interview with Xinhua.

Chinese bike-sharing company Ofo Inc announced its official launch in four European countries — the Czech Republic, Italy, Russia and the Netherlands — as the company ramps up efforts to expand its booming cycle empire globally. [Photo provided to chinadaily.com.cn]

Chinese leaders understand well that engagement with the outside world is vital, so the question the new five-year plan has to answer is how to achieve a good balance between building resilience and maintaining an open economy, Bhaskaran said in an opinion article published on the Edge Markets website.