HAMBURG, Germany, Nov. 24 -- Several European and Chinese political and business heavyweights delivered speeches here on Thursday to mark the end of the two-day Hamburg Summit "China Meets Europe".

The summit drew numbers of senior officials, entrepreneurs and leading scholars from China and the European Union (EU) to discuss the most important issues in Sino-European economic relations.

Nikolaus Schuees, conference chairman, also former president of Hamburg Chamber of Commerce, expressed his thanks to German Foreign Minister Frank-Walter Steinmeier, saying that his "third participation in the conference shows that bilateral German-Chinese relations are closer than ever".

"Chinese investments will continue to be very welcome," also said Steinmeier on Thursday at the conclusion of the conference.

The minister hoped that the cooperation between the two countries will be even more intensified in areas beyond politics and economy.

Fritz Horst Melsheimer, president of Hamburg Chamber of Commerce, emphasised Hamburg's importance as a part of the "new Silk Road".

The shift in the Chinese economy to greater innovation and sustainability is not automatically a threat. Instead, this transition opens up new opportunities for investment and market access on both sides, provided that there is a clear understanding of the conditions for this closer cooperation, he added.

At the summit there were many discussions relating to the Chinese initiative on a new Silk Road, said Hamburg Mayor Olaf Scholz.

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