China丨Cooperation to improve trade
2023-05-09 10:01
▲ The container terminal in Haikou, Hainan province. [PHOTO by SU BIKUN/FOR CHINA DAILY]
Speaking ahead of the third China-CEEC Expo, which will be held in Ningbo, Zhejiang province, from May 16 to 20, Li Fei, vice-minister of commerce, said China will accelerate the convening of bilateral government-level economic and trade liaison committees and other committees with CEE countries to drive bilateral trade and investment.
As this year marks the 20th anniversary of the China-EU comprehensive strategic partnership, Li, from the commerce ministry, highlighted that China and the European Union will deepen practical cooperation in digital, green and new energy sectors.
They will also work together to safeguard the rules-based multilateral trading system, with the World Trade Organization at its core, and ensure the security and stability of the global industrial and supply chains, he said.
Chen Yudong, president for China branch at Robert Bosch GmbH, the German industrial and technology group, said China has enormous potential in the areas of artificial intelligence, electrified mobility, smart manufacturing and carbon neutrality, offering appealing business opportunities to European companies. The group will continue to invest in China in the coming years.
Erno Peto, president of the Hungarian-Chinese Chamber of Economy, said the expansion of China's economy holds great significance for the global economy, and Hungary has a unique position to contribute to Central Europe and the EU.
In the present interconnected global economy, all parties rely on each other. Therefore, promoting a healthy and mutually beneficial economic partnership is essential for success, he added.