China News Agency, Beijing, April 29 (Reporter Li Xiaoyu) The China Council for the Promotion of International Trade released an investigation report on the 29th, showing that the freezing of the China-EU investment agreement has not affected the enthusiasm of EU companies to invest in China, and Chinese and European companies are expecting the agreement to be officially signed.
The negotiation of the China-EU Investment Agreement will be completed at the end of 2020, after which it will enter the text review stage and will be frozen by the EU in 2021.
According to the "Research Report on the Implementation Prospects of the China-EU Comprehensive Investment Agreement", 74% of the surveyed Chinese companies and 67% of the EU companies believe that the signing of the China-EU Investment Agreement will benefit the development of their manufacturing industries, and nearly half of Chinese companies and EU companies believe that the signing of the agreement will take effect. Conducive to the development of the domestic service industry.
According to the report, 33% of Chinese companies surveyed said the freeze would affect their investment plans in the EU, while less than one-third clearly indicated that they would not be affected.
Half of the EU companies in China who participated in the survey indicated that they would not affect their plans to invest in China.
Regarding the effects of the implementation of the China-EU Investment Agreement, the report believes that if the agreement can be signed in the foreseeable future, it will provide a more abundant source of power for the in-depth development of China-EU economic and trade cooperation.
According to the report, the China-EU Investment Agreement, which uses a negative list model for market access commitments, will further eliminate invisible barriers in existing open fields, and the EU's automotive, financial, medical, telecommunications, computer and other industries will usher in new development space, which will also contribute to substantial growth. To expand the scale of China's use of EU foreign capital, and to further promote the development of foreign trade with foreign capital.
The report suggests that dialogues at all levels of the government and society should be increased around the agreement, so as to eliminate the concerns of all parties and promote the signing of the agreement as soon as possible.
In addition, it is necessary to make arrangements in advance to promote the effective connection between the agreement and the "Belt and Road" construction, and create more opportunities for the two sides to carry out industrial cooperation in the countries along the "Belt and Road".
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