The two major economies of China and Europe should play the role of the world economy as a “twin engine” for stimulating world economic recovery. Since the outbreak of the new crown pneumonia, China and the EU have supported and helped each other. The vitality of Sino-European trade is a positive signal for both sides and the world economy. The joint construction of the “Belt and Road” provides new opportunities for China-EU economic development.
“Trade with China has become the key to our business growth”
♦ “Despite the dual impact of the epidemic and the UK’s’Brexit’, the port business volume in the first half of the year still exceeded 25 million tons, achieving an increase of more than 14%.
♦ This achievement was hard-won. De Vries said that the epidemic has caused many industries to stop work and production to varying degrees, and some freighters even canceled their transportation plans, which greatly affected their business. “Trade with China has become the key to our business growth.”
♦ Like the Port of Zeebrugge, the Chinese business volume of many European ports continues to increase.
♦ According to statistics released by the Port of Piraeus, Greece, in the first quarter of this year, the port business volume reached 1.37 million TEUs, higher than the same period last year. Business from China and the Far East is also the key to the port’s rapid growth.
♦ When talking about why Sino-European trade can maintain vitality during the epidemic, Zhang Min, a researcher at the Institute of European Studies of the Chinese Academy of Social Sciences, believes that this is mainly due to the increasingly close and continuously deepening economic and trade relations between China and Europe.
“During the epidemic prevention and control period, the value of the China-Europe Railway Express has further emerged”
♦ In April of this year, the China-Europe train departing from Jinan arrived in Hamburg, Germany, bringing much-needed anti-epidemic supplies and wind turbine components to Germany and other European countries. In the shadow of the epidemic, China-Europe Express has become more prominent in ensuring the value of supply chains in China-Europe and countries and regions along the railway.
♦ Faced with the challenge of the epidemic, China-Europe Express has opened up new business, achieved growth against the trend, and continuously set new records since operation.
♦ Zhang Min believes that due to the impact of the epidemic, global aviation and maritime transport have been banned, suspended, and reduced to varying degrees. The contrarian growth of China-Europe Express Express further reflects that China-Europe Express Express is in stabilizing China-EU economic and trade cooperation and maintaining the global industrial chain. It has unique advantages in orderly operation of the supply chain.
♦ Gezavier Vandepepin, Director of China-Europe Railway Transport of France Favodi Group, believes that with the help of China-Europe freight trains, upgrades of communication tools, and digital payment applications, economic and trade exchanges between European and Chinese companies have become more convenient, and EU-China cooperation has become increasingly close. .
♦ Richard Kozul-Wright, Director of the Globalization and Development Strategy Division of the United Nations Conference on Trade and Development, said: “As the world’s two largest economies, Europe and China account for about one-third of the world’s total economic volume. EU-China economic and trade cooperation The stability of the global industrial chain is essential to the security of the supply chain.”
“The close cooperation between Europe and China is beneficial to both parties and even more to the world”
♦ In July this year, the German pharmaceutical company Boehringer Ingelheim launched an innovation cooperation center in Shanghai and announced that it will increase its capital in China by 450 million euros in the next five years. ,
♦ Boehringer Ingelheim’s investment in China, focusing on long-term development, is a microcosm of European companies investing in China.
♦ Claudia Vernodi, head of the Belgian China-Europe Digital Association, said that China’s economy achieved positive growth in the second quarter. The EU summit reached an agreement on a 750 billion euro “recovery fund”.
♦ Alicia García Herrero, a senior researcher at the Bruegel Institute, an EU think tank, said: “The epidemic still threatens global public health security and economic stability. Strengthened cooperation between Europe and China will help the recovery of the global economy. Reducing geopolitical risks The negative impact of the world economy urgently requires the EU and China to deepen all-round cooperation.”
♦ Kozul-Wright believes that the strengthening of EU-China economic and trade relations will send important positive signals to the international community, which is of great significance to the current global economy facing a confidence deficit, increased uncertainty, and weak recovery. Cooperation is beneficial to both parties and even the world.”