Recently, Joerg Wuttke, president of the European Union Chamber of Commerce in China, said in China News Agency's "East-West Question·China Dialogue" that China's Belt and Road Initiative has now been integrated into the global policy framework, such as entering Africa and other countries. Europe has also formulated some export-oriented strategies, such as the "Global Gateway" plan, and under these frameworks, there is the possibility of cooperation between Europe and China in the future.
In late 2021, the EU announced an investment plan called the Global Gateway. The plan said it would raise 300 billion euros (about 2.1 trillion yuan) for global infrastructure investment. Some foreign media see it as a direct competitor of China's Belt and Road Initiative.
Woodker said that China's Belt and Road Initiative has caused a lot of reflections from EU leaders: "If China can do it, can we follow suit?" Therefore, Europe has also formulated some outward-looking strategies, including the "Global Gateway" plan. He believes that under the framework of the Belt and Road Initiative and the "Global Gateway" plan, there is both competition and cooperation between Europe and China.
For example, Europe and China have common interests in promoting clean power and energy in Africa and helping African countries to improve their medical standards. So why not cooperate and invest in this area? Woodker believes that, in general, there is a lot of potential for coexistence and cooperation between the Belt and Road Initiative and the Global Gateway Initiative. Keywords: One Belt One Road, One Belt One Road News, One Belt One Road Project
Of course, he points out, there are also competitive factors, such as: Who gets the contract? Is it a Chinese company, a European company or a local company? "We don't always agree on every topic. But again, we have to look at where there is common interest," Woodker said. Editor / Zhao E
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