| The Chinese Products Promotion Week (Europe), also the 2nd China-EU Cooperation Forum on Economy and Trade held in Hague | | 08/05/2009 10:34:37 | On April 28, jointly organized by the CCPIT and the Municipal Government of Hague, Netherlands, the Chinese Products Promotion Week (Europe), also the 2nd China-EU Cooperation Forum on Economy and Trade was held in Hague. As invited by the Municipal Government of Hague, CCPIT Vice Chairman Zhang Wei led the Chinese business delegation consisting of 150 members attending the forum. Over 250 EU entrepreneurs, representatives from governments and business associations attended the forum.
Vice Chairman Zhang Wei delivered a keynote speech on the forum, introducing to the measures taken by the Chinese government to combat the financial crisis and their effects and calling on China and the EU to make greater joint efforts to help enterprises get rid of the negative influence of the financial crisis. He noted that China’s quick response to the financial crisis has gained considerable results so far with the economic operation data indicating a better recovery and development of China’s economy than expected. He also pointed out five major fields in which Chinese enterprises make outbound investment to European enterprises, including overseas resources, scientific research and technology, bio-pharmacy manufacturing, construction contracting and service industry.
He emphasized the three advantages for Chinese enterprises to go global: the first one is the financial crisis has led to the shrinking of foreign assets; the second is all countries are actively improving their environment for investment attraction; the third is hardships of many countries enhance their demand for Chinese products with fine quality and low price. He then introduced to the 12 events organized by the CCPIT to help Chinese enterprises go through the crisis and promote their products.
As an important event for the Chinese Products Promotion Week, project match-makings were organized. Nearly 200 European enterprises and 70 Chinese enterprises carried out approximately 500 negotiations and reached a number of cooperation intentions on trade and investment projects covering over 20 industries such as textile, building materials, food, medical instruments, machinery, tourism and mining, etc.
Chinese enterprises gave a good feedback to the match-makings, considering the member states of the EU potential markets in spite of the considerable effects of the financial crisis on China-EU trade and investment. By attending the forum, Chinese enterprises realized they should conduct more research on the markets of the EU member states, especially the consuming habits and potential demand of different areas.
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