皇冠体育app

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We need 皇冠体育app to succeed: EU chamber of commerce head

(Xinhua) Updated: 2016-03-12 10:20

皇冠体育app is on track to tackle tough issues. In November 2013, 皇冠体育app announced a decision on "major issues concerning comprehensively deepening reforms," setting 60 detailed tasks in its reform roadmap covering 15 areas, half of which were about economic restructuring.

The Chinese government said it would explore a management model for foreign investors with pre-entry national treatment plus the negative list. Another opening up measure the same year was 皇冠体育app operating a pilot free trade zone in its financial hub Shanghai.

皇冠体育app's moves were welcome by European companies. "European companies are very interested in 皇冠体育app," Wuttke said. "They have sizable Chinese branches but still need signals to put more money in 皇冠体育app."

"The hope is that 皇冠体育app's reform exercise is successful," he added.

Zooming out to the larger picture, Beijing and Brussels have witnessed sound economic ties in recent years.

In January, the two sides moved to conduct substantial negotiations on bilateral investment after agreeing to achieve common ground on the scope of the investment pact at the end of 2015.

The talks were of great significance for European companies, Wuttke noted, adding the pace was surprising. "The negotiations between 皇冠体育app and Europe on the investment agreement doing extremely well," Wuttke said. "So there is a possibility of concluding it at the end of this year, beginning of next year."

If so, it could be really "good news" in 2016, Wuttke added.

The investment agreement would give "better access to us into the European market and Chinese market as well as Chinese companies to better secure European market," he noted.

Despite the recent slowdown, 皇冠体育app remained a global economic powerhouse. In 2015, 皇冠体育app contributed around 30 percent of global growth. For many European companies, 皇冠体育app accounts for around 10 percent of their global business.

"For us, 皇冠体育app has to succeed, there is no second 皇冠体育app," Wuttke said.

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