Why the European business community remains enthusiasm for the Chinese market under the epidemic
Xinhua News Agency, London, September 20
(International Observation) Why the European business community remains enthusiastic about the Chinese market under the epidemic
Xinhua News Agency reporter
From the huge consumer market, to the continuous and stable epidemic prevention and control, to the ever-increasing trade exchanges between China and many European countries, the Chinese economy has brought confidence and opportunities to European companies.
With China's firm commitment and action to open its door wider and wider, the European business community has continued to show enthusiasm for the Chinese market, and cooperation has "changed and accelerated."
Huge consumer market fascinates more European companies
Founded in 1898, the London Ribert Company mainly produces luxury items such as watch accessories and fine leather goods.
Under the impact of the epidemic, this company is determined to further increase investment in the Chinese market.
"Even when the world is severely affected by the epidemic in 2020, China's luxury goods market has also seen significant growth." Oliver Laporte, CEO of London Ribert, told reporters that the company has been more focused on China in the past six months. The market, I hope to be able to study and understand Chinese consumption habits and retail trends.
Laporte is optimistic about the development prospects of the Chinese market and believes that China will become the world's largest luxury goods market.
"Our investment in the Chinese market is long-term," Laporte said. "We believe that the Chinese market has huge growth potential and we look forward to strengthening the relationship with Chinese partners and consumers."
During the epidemic, the per capita consumption of chocolate in Switzerland declined, and the domestic market demand decreased.
Johannes Labellach, chief executive of Swiss chocolate retailer Labellach, said that "it is time to expand our business to countries outside of Switzerland, and we should go east."
"A year ago, we started to develop online business on Tmall and cooperated with a small team in China in our own online store. Sales exceeded our craziest expectations." Rabelach was accepting Xinhua News Agency reporters Said in the interview.
The market research and consulting company Mintel is committed to researching consumer markets around the world and actively tracking consumer attitudes and consumer confidence after the epidemic.
"Through the data, we are very firmly optimistic about China's economic development potential." Matthew Nelson, general manager of the company's Asia Pacific, told Xinhua News Agency reporters.
A stable investment environment gives manufacturers in China peace of mind
Schidler, CEO of German auto parts manufacturer ZF, said that the Chinese market is huge and is at the forefront in many areas.
ZF will provide solutions in China and serve the world.
The well-known German car company BMW Group has established the largest R&D system in China outside of Germany, and has rapidly expanded its cooperation with outstanding Chinese technology companies.
The chairman of the group, Liptze, told Xinhua News Agency that BMW is very excited about the development situation in China and will continue to cooperate with China's auto industry in depth.
China is one of the most important innovation markets. BMW has cooperated with many Chinese companies to establish its own digital company and continuously strengthen its strength in China.
In July of this year, European aircraft manufacturing giant Airbus announced that the Airbus Tianjin wide-body aircraft completion and delivery center A350 project was officially put into operation, and its first A350 aircraft was officially delivered to China Eastern Airlines Group Co., Ltd.
This is also the first Airbus A350 aircraft to be delivered in China.
The company's chief executive officer Guillaume Forry said that the strong momentum of China's economic development has created opportunities for cooperation in the aviation industry.
He said that Airbus values its strong partnership with China and is willing to further strengthen cooperation to support China's industrial modernization.
In the long run, Airbus will be committed to promoting the decarbonization and sustainable development of the aviation industry, and is willing to cooperate with like-minded Chinese partners.
Sharing development results increases business confidence
From the data on bilateral trade between many European countries and China in the first half of this year, to the tracking report released by the UK’s top think tanks that uncovered the truth about “decoupling”, a set of data clearly shows that China’s global trade exchanges, including Europe, are closely linked and rising.
Data recently released by Eurostat shows that China continued to maintain its position as the EU's largest trading partner in the first half of this year.
According to data released by the UK National Bureau of Statistics, China surpassed Germany in the first quarter to become the UK's largest single source of goods imports.
Since 2018, China has become the Czech Republic's second largest trading partner in the world and the largest trading partner outside the EU.
From the China International Import Expo to the construction of the Hainan Free Trade Port, from the cancellation of the foreign investment approval system on a case-by-case basis to the implementation of the cross-border service trade negative list nationwide, one after another world-class international exhibitions, one after another major deep reform measures and preferential foreign investment policies After the announcement, China's open door demonstrates the pattern and confidence of China's shared development with the world.
From the Canton Fair to the International Trade Fair and the China International Import Expo, Stephen Perry, the chairman of the 48 British Group Club, who has been in contact with China for nearly half a century, said that every opening-up move in China has surprised him. This year is characterized by a digital economy. The service trade fair made him shine again.
"For businesses all over the world, China is a must go place, a good place to do business." Perry said.
(Notewriter: Sun Xiaoling; Participating reporters: Pan Geping, Yang Xiaohong, Chen Junxia, Jiang Xuelan, Li Jizhi, Tang Ji, Chen Chen, Zhu Sheng, Ye Xinke, Shen Zhonghao, Xu Chi)