EU Ambassador To China Yu Bai: China Has Made A Major Commitment To Improving The Business Environment And Is Optimistic About China EU "One Belt And One Way" Cooperation.

On May 9th, EU Ambassador Yu Bai told a press conference in Europe that she would not use the word "concern" to express her views on the rise of China's economic impact in Europe.

On the same day, Western media reporters asked whether the EU leaders are worried that China's influence in Europe will affect the unity of the EU as the "one belt and one road" initiative continues to push ahead in Europe. As for Yu Bai's response, China's economic presence in Europe is indeed increasing, which is in line with China's strength as the second largest economy.

Yu emphasized that although the EU called China as a "systemic competitor" in the EU China strategic outlook released in March, it also regards China as the most important partner in many respects. He said frankly that China and Europe are different in the way of development and governance, but they can still control differences through consultation and cooperation. The central European leaders' meeting ended last month has made great achievements and has brought many ambitious goals, especially in terms of trade and investment. According to him, the two sides will soon sign the Sino European civil aviation safety agreement in Brussels.

The two sides are working hard to implement their commitments.

On April 9th, Chinese EU leaders met in Brussels and issued a joint statement. The European Commission Chairman Juncker said the statement reflected "the results of careful negotiations in the past more than 50 days in the past 10 days".

Yu Bai said that one of the most important achievements of the meeting was that the two sides were committed to reaching a high level China EU investment agreement in 2020. "This agreement is very important for the 28 member states of the European Union. China and Europe need to ensure fair, balanced and mutually beneficial relations between trade and finance so as to achieve common prosperity. "

When asked about the improvement of the business environment in Europe, Yu pointed out that the China EU Chamber of Commerce has made positive comments on the joint statement of the China EU leaders' meeting. "Indeed, some things have changed (positive)," he stressed. China has made some commitments to the European Union against the demands of European enterprises over the years. "This is the first time China has made a public commitment in writing."

"Of course, the challenges faced by European enterprises in China will not disappear overnight." Yu Bai said. But he said the road and direction were clear, and both sides had the will to implement it. "We are working together with China to achieve our goals as soon as possible and to turn commitments into facts."

Yu Bai also affirmed the progress made by China EU WTO reform working group. He said that the working group was not only very active, but had already implemented some goals, such as the completion of a joint plan on the reform of the WTO appellate body. Discussions on compulsory technology transfer and industrial subsidies are being carried out.

"One belt and one road" cooperation is getting better.

During his visit to Europe at the end of March, President Xi Jinping became the first member of the group of seven (G7) to sign a memorandum of understanding on the "one belt and one road" cooperation. Luxemburg immediately joined the "circle of friends" in Italy. At present, China has signed the "one belt and one way" cooperation document with 22 European countries.

At the end of April, vice chairman of the European Commission, sheffiovich, attended the second "one belt and one way" International Cooperation Summit Forum, pointing out that there are many similarities between the "one belt initiative" initiative and the EU's interconnection vision. In this regard, Yu pointed out that the EU hopes to effectively promote bilateral connectivity in transportation, digital, energy and humanities. "We note that some of the EU's views on interconnection have been incorporated into the concept of" one belt and one road ".

According to Reuters, as the representative of German Chancellor Merkel, German economic minister alate Maier revealed that several major powers within the European Union would like to sign a "one belt and one way" cooperation document with China through collective form. In response, Zhang Ming, head of the Chinese delegation to the European Union, said recently that China welcomes more European countries to sign a cooperation document with the Chinese side to build a "one belt and one way" cooperation document. It also welcomes the idea of Europe as a whole to connect the "one belt and one Road" proposal. The urgent task at present is to integrate the "one belt and one road" strategy with the Eurasian interconnection strategy, set up a list of key projects for interconnection, mature one, and promote a number of early harvest projects.