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Central European economic circles: the two sides have a broad space for cooperation and win-win

Central European economic circles: the two sides have a broad space for cooperation and win-win

November 28, 2018 09:50 Source: China News Network Participation

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China News Service, Hamburg, November 28 (Reporter Peng Dawei) During the 8th China-EU Forum Hamburg Summit held from the 26th to the 27th, many Chinese and European economic circles told the China News Agency reporters that the current global digitalization and energy Under the background of continuous acceleration of the transformation and the continuous construction of the “One Belt, One Road”, China and the EU can usher in a very broad cooperation opportunity and win-win space.

“China is currently Daimler’s largest single market in the world.” Mr. Leng Yan, vice president of the German auto giant Daimler Greater China Investment Co., Ltd., which owns the Mercedes-Benz brand, said, “At the same time, considering China’s New energy vehicles have accounted for more than half of the global market share, and China has become a global leader in this field."

According to Leng Yan, in order to adapt to the development trend of the Chinese market, Daimler has decided to invest 5 billion yuan to jointly produce electric vehicles and batteries with Chinese partners in China. In the future, the company will also invest 11.9 billion yuan to expand its plant in Beijing, especially to expand the production capacity of EQ electric vehicles.

Also optimistic about China's opportunities are Ragnar Kruse, founder and CEO of Smaato, the world's leading mobile advertising company. He pointed out that for the mobile advertising industry, China is the most ideal market - the smartphone market has grown to the largest in the world, and it has a highly developed retail complex, which is far more diverse than Germany and Europe.

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“Chinese merchants have combined advertising with commercial application scenarios through platforms such as WeChat on mobile phones, creating a new market space.” When talking about the experience of going to China, he said that this is an experience that is amazing for Europeans.

In response to China’s recent “pheno-level applications” such as cashless payment and sharing economy that have been greatly admired by European media, Olaf Rotax, founder and general manager of international consulting giant Accenture dgroup, believes that with Europe Compared with industrialization and digitalization, industrialization and digitization are carried out simultaneously in China. “China has adopted the latest technology in a leap-forward manner and has created greater value with a huge market.”
The “Belt and Road Initiative” is a hot topic at the China-Europe Forum Forum in Hamburg. From the opening speech of former German Chancellor Schroeder to the guests of the group discussions, people are talking about this initiative for Europe and Germany. What it means, how should the two sides expand cooperation under this framework.
“It’s not right to just be shocked by the 'One Belt, One Road’ initiative. Our entrepreneurs should make the most of this initiative and participate in shaping this process.” Angela Tith, Chairman of the Hamburg Port and Logistics Corporation (HHLA) Angela Titzrath believes that European companies "should have enough confidence to be a member of the 'Belt and Road'."

She said that as the largest sea and railway intermodal terminal in Europe, Hamburg has a lot of advantages in participating in the “Belt and Road” construction. At present, it has carried out a series of cooperation with Chinese partners around logistics.
Li Yizhong, president of the China Federation of Industrial Economics, said that China's new round of higher opening to the outside world and the construction of the “Belt and Road” will create more opportunities for Chinese and European companies and promote balanced development of bilateral trade.

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"The two sides should accelerate the early completion of the China-Europe investment agreement negotiations, encourage bilateral investment growth, and inject new momentum into the global economic recovery." Li Yizhong said.

Zhu Lili, chairman of Hong Kong's First Eastern Investment Group, believes that the significance of the “Belt and Road” is not limited to the construction of infrastructure in different regions. Interconnection will also bring about cultural prosperity between countries.

"Cooperation and partnership will promote understanding and peace, which will be the best gift we give to the next generation," said Zhu Lili. (Finish)