Skip to Content Facebook Feature Image

China-Switzerland Business Dialog held in Zurich

China

China

China

China-Switzerland Business Dialog held in Zurich

2024-06-22 19:13 Last Updated At:06-23 13:07

Leading business representatives from China and Switzerland expressed their hope of expanding trade ties and free market on Wednesday at the China-Switzerland Business Dialog and Second China International Supply Chain Expo roadshow.

The roadshow in Zurich was held in the run-up to the Second China International Supply Chain Expo that will be held in November in Beijing.

Lin Shunjie, Chairman of China International Exhibition Center Group, said Chinese enterprises make their decisions totally based on the market and have withstood fierce domestic competition. Those who survived market competition is a good example of globalization.

"We can see clearly that the capacity for production and the capacity of R and D in China is very market oriented. These companies they compete each other, they don't only compete with foreign companies, but they compete with each other in China. And they grow up from very fierce, fierce competition. They got capital, they got investments, internationally and ironically mostly from the United States, I would say. So I think it's a result, it's an outcome, very good outcomes of globalization," said Lin.

Lin urged EU policymakers to adopt a broader perspective and embrace future-oriented policies rather than short-sighted measures that may hinder international cooperation.

"I think the policymakers in the EU, they should think about that. They should look into the bigger picture. And they should look into the future. Not only you know, think about the short-sight policies, short-sight measures to close the door. It is not wise to close the door," said Lin.

A Swiss representative echoed Lin's ideas and expressed his confidence in international cooperation and an open market in future.

"Finally I think we should work together as well. I think China is as well interested in a win-win situation, and is as well interested to sell their products abroad. It will be solved as a normal thing. It will be solved," said Hans Uhlmann, General Manager of Felt Planungs AG.

China-Switzerland Business Dialog held in Zurich

China-Switzerland Business Dialog held in Zurich

China-Switzerland Business Dialog held in Zurich

China-Switzerland Business Dialog held in Zurich

China-Switzerland Business Dialog held in Zurich

China-Switzerland Business Dialog held in Zurich

Next Article

WTO meeting appreciates Chinese's contribution to world economy

2024-07-18 17:32 Last Updated At:18:27

⁠⁠⁠⁠⁠⁠⁠Delegates from the member countries of the World Trade Organization (WTO) appreciated China's contribution to promoting global economic growth and upholding the multilateral trading system on Thursday,  the first day of WTO's ninth Trade Policy Review of China.

The ninth review of the trade policies and practices of China takes place on July 17 and 19, 2024. The basis for the review is a report by the WTO Secretariat and a report by the Chinese government.

At the review meeting at the WTO headquarters in Geneva, Switzerland, delegates recognized that China's economy has shown strong resilience in the face of multiple external challenges, achieving a growth rate of 5.2 percent in 2023, and remaining an important driving force of the global economic recovery in the aftermath of the COVID-19 epidemic.

They said China has been the most important trading partner of many members, and has continued to promote trade and investment liberalization and facilitation in recent years by reducing tariffs, optimizing customs clearance procedures and introducing negative lists.

The delegates recognized that China has continuously promoted market-oriented reforms and green transformation and development of its economy through various measures, such as strengthening technological innovation, and has made outstanding contributions to the global low-carbon and green development and the response to climate change.

They said that China is an important and responsible WTO member and has played a positive and constructive role in the organization. In particular, some delegates spoke highly of China's great achievements in alleviating poverty and promoting inclusive and balanced development among regions and groups, which provide a successful model and development confidence for other developing members.

Some delegates hoped that China will improve the transparency of its trade policies so that other members could understand China's business environment, further open its market, especially to developing and the least-developed members, improve the level of facilitation and welcome more trade partners to share opportunities in the Chinese market, and increase outward foreign investment and technology assistance to deepen bilateral economic and trade relations. 

Many members also expressed the hope that China would continue to firmly practice multilateralism, support the development agenda and take more leadership in WTO reform.

WTO meeting appreciates Chinese's contribution to world economy

WTO meeting appreciates Chinese's contribution to world economy

Recommended Articles