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Event Recap:
On March 25th, Deputy Minister Chern-Chyi Chen of the Ministry of Economic Affairs (MOEA) and State Secretary Marco Wanderwitz of the Federal Ministry for Economic Affairs and Energy (BMWi) attended "The 19th Taiwan-Germany Joint Business Council Meeting," on the topic of Opportunities in Smart Healthcare and Pandemic Prevention.
German company representatives of Bayer, Merck Healthcare and Fresenius Kabi shared their latest healthcare solutions as well as best practice examples for German-Taiwanese cooperation.
In total, over 100 guests attended the event onside in Taipei. Due to the current travel restrictions, the German side participated in the event in Taipei online. The JBC Meeting has been held for 33 years, and it plays an important role as bilateral communication platform between policy makers and the industry.
Background:
1. Germany is the fourth-largest economy in the world and Taiwan's largest trading partner in the EU. In 2019, the trade volume between Taiwan and Germany has reached US$15.9 billion. In addition, Germany is the world's second-largest medical material market, ranking second only to the United States, with the market scale up to 28.8 billion U.S. dollars, accounting for 7.4% of the global medical material market, and the fourth largest exporter of Taiwan's medical material industry.
2. During the COVID-19 pandemic, the German company BioNTech has partnered with Pfizer to develop a vaccine known as BNT162b2, dedicating to eliminating the pandemic as soon as possible. Furthermore, many German companies have actively sought cooperation opportunities in surgical masks and forehead thermometers, along with establishing a biotech & medical industry supply chain with Taiwan. In order to facilitate the cooperation between Taiwan and Germany, leading companies in the biotech & medical sector Fresenius Kabi, Merck Healthcare, Bayer, Quark Biosciences, Medigen Biotech Corp, EirGenix, Inc, etc. have been invited to share their points of view on the business opportunities during the pandemic.
Linda Blechert
Head of Governmental Affairs >O German Business Alliance
Languages: German, English, Chinese
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