The recent completion of China-EU negotiations on a comprehensive investment agreement is of great significance to China's economic development.
One of the main aspects of investment agreement
The promise of market access will bring more investment opportunities for Chinese and European enterprises through the promise of market access. In addition, the agreement also includes fair competition rules, which can provide a better business environment for both enterprises.
In short, it is to relax the market access system and advocate fair competition.
Bring more investment opportunities.
From the perspective of the distribution of direct investment, both sides are concentrated in manufacturing, leasing trade, scientific and technological services, wholesale and retail, and financial industry, with both sides' direct investment in manufacturing exceeding 50%.
After the entry into force of the China-EU comprehensive investment agreement, the direct investment between the two sides will usher in a new situation. The areas where European companies will benefit have been explained. China enterprises are expected to benefit from new energy, environmental protection and digitalization. In the EU 202 1-2027 budget framework and? The next generation of EU? In the fund plan, in addition to fighting the epidemic and supporting economic recovery, promoting digitalization and green investment are the biggest investment areas. Enterprises in related fields in China have strong competitiveness and are expected to benefit further after the agreement is reached.
Create a better business environment
Excellent enterprises in China can enter Europe more conveniently and further open the international market. At present, China leads the world in photovoltaic, 5G, high-speed rail, lithium battery and other technical fields. After Cai signed the contract, our domestic excellent enterprises can easily transport our advanced technology from China to Europe, and let our China technology and China wisdom step onto the world stage.
After experiencing the impact of the epidemic on the economy, China's economy can still achieve steady growth despite the economic recession in many countries, which is extremely rare in many countries in the world.
This also highlights China's strong economic strength and high resilience. I believe that in the near future, more and more countries will sign investment agreements with China.