BEIJING, July 7 (Xinhaunet) -- China and Europe's growing mutuality is clearly demonstrated by Hamburg's display at the Expo 2010 Shanghai's Urban Best Practices Area (UPBA).
"The interdependence between the two is even bigger than before," said Heinrich Lieser, CEO of Hamburg Marketing GmbH, a Hamburg city government agency.
"It's very important to have good ties with our friends in Shanghai, our sister city, and other places."
The city with Europe's third-largest port seeks to bring in more Chinese companies to diversify its economy and boost positive competition.
"We are very confident that the situation in Hamburg after the economic crisis will improve again with the economic growth of China and other Asian markets," Lieser said.
"We are interested to have companies come in from China in all sectors. They create jobs, they contribute to the development of the city, and it has been a longstanding tradition to have international companies in Hamburg."
One testament to the growing economic and cultural ties, he said, is the Hamburg House, a 4.2 million-euro ($5.29 million) project in Expo Garden's UBPA modeled after the Sandtorkai 64 building in the city's HafenCity quarter.
More than 400 Chinese companies have representative offices in Hamburg and use the city as a European hub for their services, according to Hamburg Marketing GmbH.
