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China willing to import more German goods, Premier Li says

Li Qiang said China will import more German products and expand cooperation in autos, chemicals and artificial intelligence as both sides seek to ease trade frictions.

  • On Saturday, Xinhua News Agency reported that China's nationwide reassessment of deposits significantly increased reserves of strategic resources, including gold, nickel, and rhenium.
  • The yearlong project involved almost 2,000 survey personnel from more than 100 institutions across 27 provinces, focusing on 17 strategic minerals at more than 1,800 mining sites.
  • According to the Ministry of Natural Resources, retained rhenium reserves rose by more than 200%, while additions to gold and nickel deposits were equivalent to 50 and 30 large deposits respectively.
  • Meeting with German President Frank-Walter Steinmeier on Friday, Chinese President Xi Jinping and Premier Li Qiang urged Germany to pursue a "rational, pragmatic and friendly" policy to strengthen ties despite rising protectionism.
  • Gallium and other strategic minerals increased by more than 10 large deposits, supporting critical industries including nuclear energy and aerospace as China seeks to uphold free trade.
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China has discovered new reserves of gold, nickel and iron, which have led to a sharp reassessment of strategic minerals, reports the Ministry of Natural Resources of China; China has found new reserves of gold, nickel and iron; this has led to a sharp nationwide reassessment of strategic minerals; the increase in reserves of gold and nickel is equivalent to 50 and 30 large deposits, respectively; the increase in consumption has been more than 2…

China's Ministry of Natural Resources has confirmed a significant increase in gold, nickel and rhenium reserves after re-examining minerals across the country, state-run Xinhua news agency reported on Saturday.

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China recently discovered a large treasure trove of precious metals. This treasure includes many rare and valuable minerals, such as gold, nickel, and rhenium, according to China's state-run news agency, Xinhua. China already had a strong position in precious metals, but the new reserves […]

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CNBC-TV18 broke the news on Saturday, October 31, 2026.
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