How to continue to write a new chapter in the "Business Economics" of Sino-European Investment?

(Economic Watch) How to continue the new chapter of China-EU investment "business experience"?

　　China News Agency, Beijing, September 3 (Reporter Xia Bin) China and the EU have strong economic complementarity, wide cooperation fields and great development potential, which are the pillars of global economic stability.

At present, international relations are undergoing major changes. How should the investment "business case" between China and Europe continue to be written in a new chapter?

　　The "China-Europe Innovation Investment Conference" will be held during the 2022 Service Trade Fair, and many diplomats from Europe will share their views through online participation.

　　“Currently global tensions and risks have risen, and the ongoing Covid-19 crisis is further destabilizing the world. In the short term we may see a retracement of globalization. What’s more troubling is that international trade and investment partners are rapidly and substantially losing their relationship with each other. mutual trust.” Despite this, Yu Bosheng, Luxembourg’s ambassador to China, firmly believed that EU-China cooperation still has great potential in many fields.

　　Yu Bosheng said that with the rapid rise of the new economy, the Chinese government will create more space for financial innovation and provide Chinese families with more investment options.

He firmly believes that the further two-way opening between European capital markets and Chinese capital markets is not only conducive to mutual benefit and win-win results between Europe and China, but also contributes to global economic and financial stability.

　　In the field of green finance, Yu Bosheng believes that China will form a more unified domestic market in the future, and the attractiveness of China's green bond market to foreign investors, especially European investors, will continue to increase.

　　Lu Rui, Minister Counselor of the British Embassy in China, pointed out that in the fields of electric vehicles, renewable energy and sustainable finance, British and Chinese companies are at the core of promoting the global green transformation.

Citing Geely's factory in Wuhan as an example, Lurie said the combination of British design and automotive expertise with Chinese EV battery technology holds great promise.

　　He pointed out that the UK hopes to seize the new opportunities brought by Brexit and become China's preferred destination for trade and investment in Europe.

　　Su Anlan, Counselor of the Swiss Embassy in China, pointed out that in the field of financial cooperation, the relevant departments of Switzerland and China have maintained regular exchanges.

At the end of July this year, "Zhongrui Tong" was successfully launched, allowing Chinese companies listed on the Shanghai and Shenzhen stock exchanges to trade GDRs for the first time and raise funds on the SIX Swiss Exchange in Zurich.

Switzerland and China are also discussing further cooperation in banking wealth management, insurance and reinsurance.

　　"In all these areas, we see great potential for cooperation between Switzerland and China. On a larger scale, the Swiss side pays close attention to China's opening-up measures and appreciates the relevant measures China has taken over the years." Su Anlan Say.

　　The Hungarian ambassador to China, Horvath, pointed out that in the future, Hungary will actively promote the business of investing in China and issuing bonds to all parties, and will also strive to participate in the development of the Hainan Free Trade Port.

At the same time, Hungary will actively support the infrastructure projects of connectivity between the region and China. For example, the modernization of the railway line between Budapest and Belgrade is one of the representative projects, which is in line with the development concept of the China-Europe Land-Sea Express Line.

　　Horvath also expressed his expectations for the "Belt and Road" initiative.

He pointed out that Hungary recognizes that technological innovation and education are the key factors in promoting economic development and social progress, and is willing to strengthen bilateral cooperation and coordination between Hungary and China through the "Belt and Road" initiative, especially in industrial recovery and sustainable development.

Hungary and China have also carried out all-round exchanges and cooperation from primary schools to universities in the fields of literature, music, art, dance and education.

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