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President of the European Union Chamber Commerce: The future market is in China
Seetao 2022-05-05 11:01
  • The future market is China, and we will continue to invest in China, said European Chamber of Commerce President Woodke
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The new crown epidemic has lasted for more than two years and international routes have been blocked, but Woodke said that in fact, (most) European companies are operating smoothly in China and have not encountered obstacles. "Our business is ongoing, employees can produce, we can sell to customers, many end up in Europe, and the manufacturing sector is pretty strong."

However, he also admitted that due to the impact of epidemic prevention and control, the number of flights has been reduced, the tourism industry has been cold, and the service industry has been severely hit. In addition, the pandemic has disrupted people's movement, with no top executives coming to China and no partners going to Europe, which means future investments may be delayed or even put on hold.

However, he believes that the potential and resilience of EU-China trade and cooperation is very strong. Trade between Europe and China is very frequent, which shows that European consumers really like Chinese products. Europeans buy about 1.3 billion euros of goods from China every day, showing the quality and competitiveness of Chinese products.

He believes that high demand in Europe is one of the sources of bilateral trade resilience. Europe needs to buy electronic products, medical products, etc., and these needs will not disappear. At the same time, the products designed and produced in China are more marketable and competitive, and the Chinese market is also very attractive to European companies, which is also a source of resilience for bilateral trade cooperation. In addition, although the epidemic has had an impact on the supply chain, it can be called a miracle that the trade shipments between Europe and China have remained good. Keywords: One Belt One Road, One Belt One Road News, One Belt One Road Project

In addition to trade in goods, he pointed out that (EU-China) trade in services also has a long way to go and has great potential. There is no doubt that the "market of the future" is in China, Woodke said. "We will also continue to invest in China."Editor/XuNing

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