China and Germany have agreed to boost financial policy cooperation, oppose trade protectionism, and promote a transparent and non-discriminatory multilateral trading system. The two sides made a joint statement on Sunday, as high-profile delegations met in Frankfurt to discuss the future of the bilateral financial relationship. Zhang Biao, an associate professor of the School of Political Science and Public Administration at the University of Political Science and Law, says the China-Germany financial dialogue is beneficial to strengthening China-EU relations.