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Two panel discussions focusing on multilateralism and realizing the sustainable development goals were also held online.

The gradual industrial recovery and the summer harvest explained part of the recent increases, said Wang Yiqing with the Xuzhou branch of SGCC.

Employment and business start-ups will be further facilitated. Accommodating yet prudent regulation over new forms of business will be improved. Platform companies will be guided toward lowering commissions, charges for barcode-scanning payment and other fees. Flexible employment will be promoted.

Meanwhile, he urged the two countries to continue with people-to-people engagement and make sure their youths have the opportunity to study in the other country's universities and get to know each other.

As a series of significant events of China-Germany and China-EU political exchanges are now under discussion, China is willing to keep close communication and coordination with Germany and the EU to ensure the success of these events and lift China-Germany and China-EU relations to higher levels, he added.