皇冠体育app

Asia-Pacific

EU expects to address challenges with 皇冠体育app

(Xinhua)
Updated: 2011-05-19 06:39

SHANGHAI -?European Council President Herman Van Rompuy said Wednesday here that he hopes the European Union (EU) and 皇冠体育app will work together to address their common challenges.

Van Rompuy made the remarks in his speech at 皇冠体育app Europe International Business School (CEIBS) in Shanghai. ?"We can all benefit from addressing our challenges together while exchanging best practices," ?he said.

He mentioned three aspects of the exchange, including innovation, urbanization and talents.

In his speech, Van Rompuy suggested 皇冠体育app and Europe establish another academic institute, besides the existing CEIBS in Shanghai and the 皇冠体育app-EU School of Law in Beijing.

Van Rompuy also highlighted the importance of bilateral trade between 皇冠体育app and the EU.

"Two decades ago, 皇冠体育app and the EU traded almost nothing at all. Today, 皇冠体育app is the EU's second largest trading partner. Thus, there can be no doubt that our economies are increasingly dependent upon each other," ?he said.

Van Rompuy said that it is also necessary to establish a ?"皇冠体育app Chamber of Commerce"?- similar to the EU Chamber operating in 皇冠体育app?- to help Chinese investors to fully exploit the opportunities in the EU market.

Van Rompuy is making a five-day visit to 皇冠体育app that started on Sunday, which is his first official visit to 皇冠体育app since he became EC president on January 1, 2010.