Chamber Vice President Addresses at the High-level International Forum on Sustainable Urban Development
2017-07-21 | Beijing
European Chamber Vice President Massimo Bagnasco presented at the recent High-level International Forum on Sustainable Urban Development in Chengdu. Organised by the United Nations Human Settlements Programme, the China Centre for Urban Development (CCUD) of the National Development and Reform Commission (NDRC), and the Chengdu Municipal People's Government, the event took place from 20th to 22nd July, 2017.
Vice President Bagnasco emphasised that EU-China trade and investment ties are integral to creating employment, driving growth and generating prosperity for both sides. He also explained that the European Chamber has been encouraged by President Xi's recent speeches, which promoted economic globalisation and put forward China’s intention to create an open environment for international trade and investment. He further expressed the Chamber’s belief that the success of China’s Belt and Road Initiative (BRI) will largely be predicated on open markets, balanced trade, transparency and reciprocity.
Vice President Bagnasco concluded by pledging continued commitment of and further cooperation from EU business to help develop innovative solutions for sustainable urban development, and to promote a circular economy to create cities that are not just eco-friendly, low-carbon and smart, but also people friendly.