China News Agency, Beijing, January 25 (Reporter Pang Wuji) In an exclusive interview with China News Agency "China Focus", Joerg Wuttke, chairman of the European Union Chamber of Commerce in China, said frankly that Europe needs to step out of complacency and try to learn from China. .

  How is foreign companies doing business in China different from a decade ago?

Woodk pointed out that the main difference is competition.

Chinese companies have really become very mature, it is not so easy for (foreign companies) to make money.

In the past, it was Chinese companies doing downstream and European companies doing upstream, but this is no longer the case, and this change does not only occur in the Chinese market.

Joerg Wuttke, chairman of the European Chamber of Commerce in China, accepts an exclusive interview with China News Service on "Focus on China".

Photo by China News Agency reporter Han Haidan

  Woodk said that China is already a global player and many outstanding companies have emerged.

"I think the most important thing is (to figure out) why Chinese companies have become so good at such a speed. Frankly speaking, Europe needs to get out of complacency and try to learn from China."

  The relationship between European companies and China may change in the future.

Woodk said that the relationship between Europe and China (should gradually) change from a one-way idea provider to a two-way one: learning from China and working hard to provide solutions, while at the same time bringing some ideas and ideas to China.

  For European companies investing in China, Woodker believes that 2021 will be a good year.

"Because we have come from (the trough) in 2020, China may have 8% growth this year. And 2021 is the beginning of a five-year plan, which is usually good."

  Woodk reminded that European companies should pay attention to market signals while staying in the Chinese market, not only to see changes in customer behavior, but also to see what Chinese companies are doing in other parts of the world, so as to gain market access earlier. wind direction.

In general, European companies cannot avoid China.

Even if it is very difficult at times, "you must stay here because it at least means you have the opportunity to participate in this market."

(Finish)