Jin Canrong: The Rise Of China'S Economy Is Favorable For The Stability Of Sino US Relations

The 11 China Hamburg summit will discuss the role of China in global governance in the future.

After the meeting, Jin Canrong, an expert on China's international affairs, told reporters that the rise of China's economy is conducive to promoting stable and balanced development of Sino US relations.

Jin Canrong said that at present, China, Europe and the United States are all negotiating bilateral investment agreements, but they are short or difficult to complete.

He believed that Europe and the United States should further strengthen cooperation with China.

It is of great significance to conclude investment agreements between China and Europe and the United States. Investment relations are the most stable ones in all kinds of economic and trade relations. The Chinese government continuously promotes the "going out" strategy of enterprises. Bilateral investment agreements will provide protection for China's capital going to sea. It will also mean that China will invest more in Europe and America in the future, and may even surpass investment from Europe and the US.

He believes that this change will strengthen China, Europe and the United States.

The balance and stability will further promote the stability of political relations between China and Europe and the United States.

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The reform being pushed forward, Jin Canrong said, if the market can play a decisive role, the efficiency of China's economy will be raised, which is very important for China's sustainable development.

In addition, Jin Canrong appealed to the west to objectively view China's reform and progress, and to reduce misreading and misjudgement of China.

The Hamburg summit, sponsored by the Hamburg chamber of Commerce, held the theme of "China and Europe" as the theme of the Hamburg summit. It has been held every two years since 2004.

It provides an open dialogue platform for Europe and China to promote economic exchanges and deepen mutual understanding between China and Europe.

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A very important point is that Shanghai and Hong Kong can introduce a large number of mainland investors to the Hongkong market.

Because the A share market itself is immature, investors generally fail to get the proper return on investment, and investors' interests are generally not well protected. Therefore, it is urgent for domestic investors to seek new investment channels.

The Hongkong stock market is the nearest market to the mainland, and there are many mainland listed companies in the Hongkong market. Mainland investors are not strangers to these enterprises. In addition, the relationship between Hongkong and the mainland is thicker than water. The Hongkong market is naturally the first choice for mainland investors to invest abroad.

The opening of Shanghai and Hong Kong just satisfied mainland investors' desire to invest in Hongkong stock market.

Therefore, as long as Hongkong and Hong Kong open the floodgates, the mainland investors will pour into the market continuously.

Although the Shanghai and Hong Kong through the initial stage of opening, Shanghai and Hong Kong through mainland investors set a threshold of 500 thousand yuan, but with the operation of Shanghai and Hong Kong through mature, the removal of this threshold is inevitable.

More mainland investors will enter the Hongkong market and promote the long-term development of Hongkong market.

It is precisely because of the large number of mainland investors entering the Hongkong stock market. Correspondingly, the mainland brokerage firms also enter the Hongkong market because of the increasingly close market.

For example, some mainland brokerages actively enter the Hongkong market this year, including the frequent acquisition of Hongkong securities companies, which is the best proof.

The entry of mainland brokerages into Hongkong stock market is very important for the development of Hongkong market.

On the one hand, it can introduce Hongkong stock market to mainland investors, let mainland investors know more about Hongkong stock market; on the other hand, it can introduce more domestic companies to Hongkong listing, so that Hongkong market has a continuous listing of resources.

In fact, having a continuous listing of resources is also critical to the development of Hongkong's market.

Especially in the case of limited listing resources in Hongkong, how to win more listing resources is a problem that must be solved in the development of Hongkong market.

Although the Hongkong market is an important choice for mainland companies to list on the market, a fact that cannot be ignored is that in recent years, representatives of emerging industries including Jingdong mall and Alibaba have chosen to list in the US. This is a crisis for the Hongkong market.

The opening of Shanghai and Hong Kong links will obviously help more domestic companies choose to list in Hongkong.

Because in the case of domestic investors entering the Hongkong market, domestic companies will have strong backing for domestic investors to enter the Hongkong market. This will help domestic companies to issue successfully in Hongkong market. Therefore, the Hongkong stock market will occupy a favorable position in the competition with the United States for mainland listed companies.

Not only that, mainland investors can enter the Hongkong stock market through Shanghai and Hong Kong, but also help to activate the low price stock market in Hongkong.

Because mainland investors have the habit of speculating, low price stocks, new shares and poor performing stocks are usually subject to speculation by investors.

Although it is not a good thing for a market to be fully speculative, the Hongkong stock market will stick to some speculative elements if it sticks to the principle of rational investment, which will help activate the Hongkong market.

Let investment investment, speculative speculation, the market is more attractive.

Of course, in Shanghai and Hong Kong through the implementation of the situation, the Hong Kong stock market "A share" of concern is also normal.

However, as long as the Hongkong market persists in strict market supervision and sticks to and improves the effective investor protection mechanism, Hong Kong stocks will not be worried about "A share".

In fact, as long as the regulation of Hongkong stock market does not "A share", then Hong Kong stocks will not "A share".