China News Service, Beijing, January 25 (Reporter Pang Wuji) In an exclusive interview with China News Service, "China Focus", Joerg Wuttke, chairman of the European Union Chamber of Commerce in China, said that the European Union Chamber of Commerce publishes EU business proposals in China every year. From the perspective of European companies, they provide advice and suggestions for the development of China's economy and business environment. The proposal has 400 pages and 900 recommendations.
Because, "If China wins, we also win."
Why pay so much attention to China's development?
Woodk pointed out: "The Chinese economy (every year) contributes 30% of the global growth, so it is very important for companies to stay here and participate in this 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
At the same time, the huge demand from China supports enterprise innovation and R&D.
Woodk said: "You can't just throw money in the laboratory, hoping that the best-selling product will appear out of thin air, (this innovation process) must be based on someone who wants to buy this product. This is the role China plays."
Take German cars as an example. For high-end cars, such as Mercedes-Benz S-series, BMW 7-series or 8-series, most buyers in Germany have an average age of over 50, while the average age of Chinese consumers of these products is 35.
This demand story is driven by equipment and information technology in China.
So this is not only conducive to European companies developing cars for the Chinese market, but also conducive to the development of products for the global market.
Woodk pointed out that this is why it is so important for China not to decouple from the world and continue to remain open to the rest of the world.
Recently, the European Union Chamber of Commerce in China released a report on "decoupling", explaining the harm of decoupling. For example, it will make the economy turbulent, raise prices, and make the problem more complicated. "So we hope to convey the voice For the governments of China and the European Union, what we really want to see is'hookup'".
The China-EU Investment Agreement, which was negotiated at the end of last year, is a strong support for this "link."
Woodk pointed out that the completion of China-EU investment agreement negotiations is a symbol, indicating that Europe and China can get things done together, "we can reach an agreement that is beneficial to both sides."
He said that the China-EU Investment Agreement has indeed opened up more markets for European companies to enter China and created more healthy competition within China, which is also good for the Chinese economy. At the same time, it also opens up channels for Chinese companies to enter the European market. Woodk believes that the conclusion of this negotiation is really a "win-win" between China and the EU after long and hard work. (Finish)