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2016-07-14 | All chapters

The 11th EU-China Business Summit was held at the Great Hall of the People in Beijing on 13th July

Beijing, 14th July, 2016 -- The 11th EU-China Business Summit was held yesterday in the presence of Chinese Premier Li Keqiang and European Commission President Jean-Claude Juncker. The summit, attended by 600 Chinese and European business leaders, was the result of ongoing cooperation between the co-organisers, the European Union Chamber of Commerce in China (European Chamber) and the China Council for the Promotion of International Trade (CCPIT).

Hosted in Europe and China on an alternating basis, the Business Summit is an annual dialogue that brings together industry to discuss critical business and trade issues. Global CEOs of major European and Chinese companies shared their views on topics like China Manufacturing 2025 and EU industrial upgrading; promoting investment, as well as unleashing it in new areas like green development, smart city construction and finance; and synergies between the ‘One Belt, One Road’ initiative and EU policieson transport and energy.

“Coordination of the EU and China’s political and economic relationship is of ever increasing importance to both sides,” said European Chamber President Joerg Wuttke. “In a fragile global economic environment, it is particularly important that the two sides took this opportunity to discuss expanded market access for investment and trade.”

Chairman of the China Council for the Promotion of International Trade Jiang Zenwei said, “The EU-China Business Summit is a vital platform which provides an opportunity for entrepreneurs from both sides to have in-depth communication, enhance understanding and seek opportunities for cooperation. It makes a major contribution to promoting the launch of many business projects that upgrade the level, accelerate the speed and widen the scope of business cooperation between China and the EU”.

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Yichi Zhang

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