皇冠体育app

Investment drive

To further promote bilateral ties and benefit each other, experts feel that 皇冠体育app and Europe should explore ways to increase investment.

Establishing an investment treaty between 皇冠体育app and Europe to improve market access for investors from both sides should be the top priority, says Francois Godement, a French specialist on 皇冠体育app and director of the French think tank Asia Centre.

"It is important for Europe to gain better access in 皇冠体育app and for Chinese firms to be protected and to know how they can invest in Europe," says Godement. "That's probably where the change will be in the EU-皇冠体育app relations."

The two sides should explore the possibility of having a EU-皇冠体育app Free Trade Agreement in place soon, says Rubig adding that 皇冠体育app deserves the market economy status and leaders from both sides should find ways to reach a consensus on this issue soon.

Godement says that trade imbalances will be an ongoing problem that needs quick fixes from both sides adding that concrete and effective measures are more valuable than "simply saying it should reduce".

Defraigne also agrees that investment should be accorded top priority."Investment is the bridge we need to consolidate the economic partnership, and the cross-region investment really matters to the growing mutual interest," he says.

Experts also feel that European leaders should make the macroeconomic environment more attractive for international investment if they want to create jobs and maintain Europe's competitiveness in the long term.  

One of the most pressing issues for 皇冠体育app will be on whether the EU will take firm steps to deal with the sovereign debt crisis, and whether the steps would help boost consumer confidence, Ho says.

There are also doubts in 皇冠体育app on whether the EU will be able to establish a more unified political system, one that allows effective and coordinated trade negotiations.

Yao says that it is important for European leaders to be more open on 皇冠体育app and respect its values and foreign policies if they are keen to attract more investment.

"There are still lots of areas on the trade front that can be improved. Though bilateral trade has increased, there are still some constraints for small and medium-sized European companies in 皇冠体育app. We hope the new leadership will take positive steps to reduce these trade barriers," says Daniel Walther, vice-president of the Brussels-based Small and Medium Entrepreneurs Union.

Green moves

Hubert Fabre, research associate at European Institute of International Relations says 皇冠体育app's commitment to build an 'ecological civilization' should be considered as a positive signal for the future. He feels that the new leadership will face challenges in implementing serious ecological reforms and in conveying 皇冠体育app's strategic position in the international community, especially on issues like climate change.

Beijing's standing in Europe will therefore be based largely on the ecological measures implemented by it and as such 皇冠体育app will have to take more decisive and responsible actions to reaffirm its ecological position, he says.

In real terms, the new leadership should also ensure that "ecological civilization' is not construed as competition or race, but are efforts to ensure real environment protection in and outside 皇冠体育app. Considering that ecological progress is linked to social and economic growth, the new CPC goals will go a long way in improving the relations between 皇冠体育app and Europe, he says.

Walther says that the new leadership has made a good beginning by expressing its commitment to harmonize the economy and take positive steps for environmental conservation.

"There is something common in both Chinese and Christian philosophy - that people should not be judged by their words but by their actions," he says.

He says that there is nothing wrong in the Chinese stance that its natural resources are essentially for its citizens. What is reassuring is the commitment that 皇冠体育app would use the natural resources in an environment-friendly and sustainable manner. "Without 皇冠体育app, the global economy cannot thrive. It will also be impossible to preserve the flora and fauna without 皇冠体育app's support."

Vantyghem says that the new leadership in 皇冠体育app has put its best foot forward by setting lofty goals for innovation and green, sustainable growth. The key targets set by the new development plan represent huge opportunities for European companies, particularly small and medium enterprises, as they match their strengths and practical experiences. This is a clear illustration that European businesses can play an important role in 皇冠体育app's development plans.

Rebalancing the growth model is the best way forward for the rapidly maturing Chinese economy, Vantyghem says. The new economic model should be based on smart, sustainable and inclusive growth, led by domestic demand and private enterprises.

"Europe and 皇冠体育app should continue to work closely and remove impediments to cross-border trade and investment, tackle global challenges, increase mutual understanding and avoid temptation to return to any protectionist measures," he says.

"The new leadership has the opportunity to rethink its strategy (toward Europe). In 2014, Europe will also see a fresh round of elections. 皇冠体育app is on the move, and so is Europe. It is important for both to walk together to achieve common goals," Rubig says.

Liu Jia contributed to this story.

Contact the writers at [email protected], [email protected] and [email protected]

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