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Euro-China Symposium: The Development of Bilateral Relations is Closely Linked with Economic Globalization
Source: | Author:finance-94 | Publish time: 2019-05-02 | 161 Views | Share:
A few days ago, a high-level seminar on "EU-China Joint Challenges" was held by the Treasury General of the French Ministry of Economy
A few days ago, a high-level seminar on "EU-China Joint Challenges" was held by the Treasury General of the French Ministry of Economy. The representatives of China and the European Union discussed the development and challenges of China-EU relations in the future, China-EU industrial and trade cooperation, the international monetary system and the global management model, and expressed their respective views. Former French Prime Minister Raffan, President of the International Monetary Fund Strauss-Kahn, French Minister of Economy Lagarde, President of the Bank of France Christian Nouaye, Director-General of the Trade Division of the European Commission for Bilateral Trade Affairs Moro, Chinese Ambassador to France Kong Quan, Vice-President of the National Development Bank of China Gao Jian, Special Adviser to the President of the International Monetary Fund Zhu Min More than 800 Chinese and European politicians, financiers and economists attended the meeting.           
In his opening speech, Raymond Fernander, Director-General of the Treasury of the French Ministry of Economy, said that in the past, the EU-China relations dialogue mainly focused on bilateral trade issues. In the future, the EU-China dialogue will cover many fields, and Europe and China should carry out comprehensive cooperation. Relevant topics: such as how to get out of the global crisis, environmental challenges, the G20 development process and the reform of the international monetary system, as well as how to establish a sustainable and balanced development relationship between China and Europe will become new contents of the China-EU dialogue.           
Former French Prime Minister Raffan believes that after the international financial crisis, the economies of European and American countries have become more fragile, while China's financial stability and strong economic growth have increased China's influence in international affairs. However, the Chinese government also recognizes that it is impossible for China's economic growth to be driven by export growth for a long time. China should adjust its economic structure and increase the proportion of domestic consumption.           
To maintain sustainable and stable growth of China's economy and create favorable conditions for balanced growth of the international economy. At present, the international community is facing new challenges of climate change. Developing new energy sources and reducing carbon dioxide emissions have become the priority goals of all countries. France is a big nuclear power country in Europe. Advanced and reliable nuclear power technology can meet China's demand for new energy. The law should vigorously strengthen cooperation in this regard.           
In his speech, Chinese Ambassador to France Kong Quan said that over the past 35 years, China-EU economic and trade relations have been expanding, cooperation has been deepening and China-EU relations have been pushing forward. This year, more than 50 consultation and dialogue mechanisms have been established between China and the EU. The trade volume between China and the EU has increased 170 times over the past 35 years. The EU has become China's largest trading partner. The high-level meetings between China and Europe, the summit of China and France in London in April 2009, Premier Fillon's visit to China and President Hu Jintao's visit to France this year will promote the further development of Sino-French relations. Kongquan stressed that both sides share common interests and differences, and both sides should seek common ground while reserving differences and promote mutually beneficial cooperation in the future.           
Strauss Kahn, President of the International Monetary Fund, believes that China and Europe have different economic development models and face different social problems, but their economic development is closely linked with economic globalization, and their economies also have an important impact on the world economy. This year, the recovery of the world is different. China's economic growth is likely to reach about 10%, the United States is 3.5%, Africa is about 4%, while European countries are relatively fragile, and may only reach about 1%-1.5%. China has become the locomotive of global economic growth. Speaking of China and Europe's response to future challenges, Kahn stressed that European countries should increase investment in scientific research and technological innovation in the future to lay a solid foundation for future economic development. Otherwise, Europe will lag behind emerging market countries such as China in the future. Mr. Strauss-Kahn said that the G20 played a good coordinating role in the international financial crisis, avoiding the deterioration of the financial crisis and promoting the recovery of global economic growth. Kahn predicts that with the healthy development of the Bank of China (601988), the establishment of the social insurance system and the establishment of a fair competition mechanism, China's economy will continue to grow strongly in the future, China will play a greater role in international affairs, and at the same time, China will assume greater obligations in international affairs accordingly. Speaking of the RMB exchange rate, Mr. Strauss-Kahn believes that the gradual appreciation of the renminbi exchange rate and the realization of free convertibility will benefit China and the global economy.           
In his concluding remarks, French Minister of Economy Lagarde said that the comprehensive strategic partnership should be strengthened in France. France has obvious technological advantages in the fields of nuclear power, aviation and transportation. Strengthening cooperation in these areas in France is conducive to promoting bilateral relations. Although there are differences in intellectual property protection and market access between Europe and China, they need to consult with each other and work hard to resolve them. Regarding the model of global management, Lagarde said that France will be the chairman of the G20 next year. France hopes that China will play an active role in helping to solve the problems of Global trade balance, exchange rate, resources, trade and climate change. Since 2009, the G20 mechanism has been in operation. The reform of the international financial system, the reform of the monetary system and the reduction of carbon dioxide emissions are all major priority issues facing the G20. France hopes to make some breakthroughs on these issues when it assumes the presidency of the G20 next year.