By expanding investments, German, French companies remain confident in Chinese economy
*GermanChancellorOlafScholzsaidGermanyrejectsallformsofdecouplingand"de-risking"isnot"de-sinicization."
*GermanandFrenchentrepreneurssaidtheyarereadytokeepinvestinginChinaandfurthertapintotheChinesemarket.
BERLIN/PARIS,June26(Xinhua)--ChinesePremierLiQiang"stripstoleadingEuropeaneconomiesencouragedbusinessrepresentativesfromGermanyandFrance,whonotedthatthevisitsboostedtheirconfidenceintheChineseeconomyandplanstocontinueinvestinginChina.
(资料图)
ThefirstoverseastripsinceLitookofficewasfeaturedwithextensiveexchangeswithGermanandFrenchcommunity,inadditiontomeetingswithEuropeanleaders.
ThisphototakenonJuly4,2022showsaworkshopoftheVolkswagenAnhuiMEB(ModularElectricDriveMatrix)plantunderconstructionineastChina"sAnhuiProvince.(Xinhua)
CHINESEOPPORTUNITIES
China"sdevelopmentbringsopportunitiesratherthanriskstotheworld,sendingstabilitiesratherthanshockstotheglobalindustrialchainandsupplychain,LitoldCharlesMichel,presidentoftheEuropeanCouncil,inParisonThursdayonthesidelinesoftheSummitforaNewGlobalFinancingPact.
"ChinaremainsoneofthemostimportantmarketsforAdidas.AdidasisonthewaytoincreasingitsinvestmentsinChinasignificantly,"saidBjornGulden,Adidaschiefexecutiveofficerandglobalbrandschief.
TheGermansportswearmanufacturerinvested100millioneuros(109.1millionU.S.dollars)intoahigh-quality,high-techandsustainabledistributioncenterinSuzhou,eastChina"sJiangsuProvince,addingthenewestplanttoitsdistributionnetworkinChina.
GermanautomakerVolkswagensignedlateMayacontractwiththeHefeiEconomicDevelopmentZoneineastChina"sAnhuiProvince,announcinganinvestmentofaround1billioneuros(1.1billiondollars)tolaunchanewcompanyinearly2024,whichisexpectedtobringtogether2,000R&Dandpurchasingspecialists.
AlsoinSuzhou,Germany"sBoschGroupbrokegroundonitsR&DandmanufacturingsitefornewenergyvehiclecorecomponentsandautomateddrivinginlateMarch.Withatotalinvestmentofover1billionU.S.dollars,theprojectisexpectedtobolsterinnovationinJiangsu"sautomobileindustry.
GuillaumeFaury,chiefexecutiveofficerofAirbus,toldXinhuathattheEuropeanaircraftmanufacturerdecidedtocontinuetoinvestinitsproductionfacilityinChina,whichwillcontributetothecompany"sglobalambitionofproducing75A320seriesplanesamonthby2026.
HesaidChinaisavitalstrategicpartnertoAirbus,anditssupplychainisanintegralpartoftheworld"saviationindustry,whichhasshownremarkableindustrialresilienceandcompetitivenessoverthepastthreeyears.
AnAirbusA321aircraftisproducedattheFinalAssemblyLineAsia(FALA)facilityinnorthChina"sTianjinonNov.9,2022.(Xinhua/ZhaoZishuo)
DECOUPLINGWON"TWORK
GermanChancellorOlafScholzsaidathismeetingwithLithathiscountrywelcomesChina"sdevelopmentandprosperity,notingGermanyrejectsallformsofdecouplingand"de-risking"isnot"de-sinicization."
Onjointlymaintainingthesecurityandstabilityoftheglobalindustrialandsupplychains,LiexpressedadmirationfortheFrenchgovernment"soppositiontoblocconfrontations,decouplingaswellasseveringindustrialandsupplychains.
ItishopedthatChineseandFrenchentrepreneurswillfirmlysupporteconomicglobalization,takeactionforopenandwin-wincooperation,andjointlymaintainthestabilityandresilienceoftheindustrialandsupplychainsbetweenChinaandFranceandbetweenChinaandEurope,Lisaid.
GermanandFrenchentrepreneurssaidtheyarereadytokeepinvestinginChinaandfurthertapintotheChinesemarket,believingChinawilladheretoopeningup.
Airbusstronglysupportsmultilateralismandfreetrade.AsaglobalcompanyrootedinEurope,AirbustoldXinhuathatitadvocateswin-wincooperationwhereveritmakessense.
GermanbusinessmensaidGermanyandChinaareclosepartners,andgreatsuccesshasbeenachievedbydeepeningtheeconomicandtradecooperationbetweenthetwosides.
Eliminatingrisksmeansstrengtheninginternationalcooperation,anddecouplingwillnotwork,theysaid.
SiegfriedRusswurm,presidentoftheFederationofGermanIndustries,saiddecouplingfromChinaiswrong.Aso-calleddecouplingwouldbeunrealisticandharmful."WeneeddialoguewithChinaonclimateprotectionandalsoontradeandinvestmentrelations."
TheGermanElectroandDigitalIndustryAssociationhasadvisedthecountry"sgovernmentagainstdecouplingfromChina,stressingthattheAsiancountry"smarketwas"ofparamountimportance"forEurope"slargesteconomy.
IfGermanyweretodecoupleitselffromChinaeconomically,itsgrossdomesticproductwoulddropby2percent,accordingtoarecentstudycompiledbytheAustrianInstituteforEconomicResearchonbehalfoftheFoundationforFamilyBusinesses.Theresultwouldbeanannuallossofalmost57billioneuros(about62.2billiondollars).
ThisaerialphototakenonJune23,2022showsPlantLydiaofBMWBrillianceAutomotiveLtd.(BBA)inTiexiDistrictofShenyang,northeastChina"sLiaoningProvince.(Xinhua/YangQing)
HIGH-QUALITYCOOPERATION
Forthefuture,LiexpressedhishopethatentrepreneursfromChinaandGermanycouldfollowthetrendandcontinuetopursueopenness,inclusivenessandwin-wincooperationandmaintainthestabilityofindustrialandsupplychainsthroughhigh-qualityandhigh-levelpracticalcooperation.
GermanentrepreneursnotedtheyarewillingtoimprovecooperationwithChinaincopingwithclimatechange,strengtheningresearchanddevelopmentcapabilities,andadvancingdigitaltransformation.
CEOofBMWAGOliverZipsesaidtheBMWGrouphasdeepandlong-standingtieswithChina.ThestrongpartnershipwillenableBMWanditsChinesepartnerstocontinuetocreateawin-winsituationtogetherastheautomotiveindustryundergoesamassivetransformation.
AccordingtoChineseelectriccarmakerNIOfounderWilliamLi,Sino-GermancooperationisalsoveryimportantforthenextdevelopmentofChinesenewenergyvehiclecompanies.
"ChineseandGermancompaniescanstartanin-depthcooperationinautomotivetechnologyandintelligenceandusetheadvantagesofbothsidestojointlypromotethedevelopmentoftheintelligentelectricvehicleindustry,"hesaid.
ThisphototakenonApril13,2023showstheFrenchnationalpavilionatthethirdChinaInternationalConsumerProductsExpo(CICPE)inHaikou,southChina"sHainanProvince.(Xinhua/ZhangLiyun)
AccordingtoCEOofL"OrealChinaFabriceMegarbane,"thepaceofreformisgettingfaster,theefficiencyofimplementationisgettinghigher,thedoorofChina"sopening-upisbecomingwider,andthebusinessenvironmentisgettingbetter,makingourconfidenceintheChinesemarketstronger."
DatafromChina"sMinistryofCommerceshowednewinvestmentfromEuropeancompaniesinChinaroseby70percentto12.1billiondollarsin2022whenChina-EUbilateraltradehitanewhighof847.3billiondollars.
Inaworldofturmoilandtransformation,themoreseriousandcomplexthesituation,themorenecessaryitistothinkcalmlyandgraspcertaintyamiduncertainties,LisaidduringhisEuropevisit,whichwrappeduponFriday.
(Videoreporters:GaoMing,SunRenbin,YuYetong,WangNan,ShanWeiyi,HuangYan,HuZunyuan,SunQing,YouZhixin,PanXu,CenZhilian;videoeditors:JiaXiaotong,ZhaoXiaoqing,ZhengXin)
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