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head of the Chinese Mission to the EU. So far, 22 European countries have signed memorandums of understanding with Chi
na to promote the Belt and Road Initiative, with Italy and Luxembourg the most recent examples, he said.
Chen Fengying, a senior researcher at the China Institutes of Contemporary International
Relations, said that Li’s European trip is to further enhance high-level exchanges and political trust between
China and the EU, following President Xi Jinping’s visit to Italy, Monaco and France last month.
Both sides support the multilateral trading system and face challenges posed by risin
g protectionism and unilateralism to economic globalization and multilateralism, Chen said. On the global geopoliti
cal stage, China is developing at a very fast pace with an enormous economic scale, Chen said.
“As a huge market, China has reiterated its opening-up (policy) to the ou
tside world, including to European countries. Therefore, both sides should strengthen cooper
ation and exchanges in areas such as trade, investment and the Belt and Road Initiative,” she said.
will be significant demand for top-quality goods and services,” he told China Daily.
Noting that many European companies are renowned for their innovation and reliability, Bagnasco said that “there shou
ld be plenty of business to be done” in Xiongan. In June, Mats Harborn, chamber president, paid a visit to Xiongan and wa
s received by Chen Gang, vice-governor of Hebei province and director of Xiongan’s management committee.
Chen said he hopes the chamber will take an active role in such areas as green developm
ent, intelligent technologies and innovation in Xiongan, an official news release from the new area said.
“The EU Chamber of Commerce in China has been building relationships in Xiongan for some time now, and the me
eting in June was just one part of that,” Bagnasco said, adding that the meeting was a good opportunity to furt
her develop relationships and deal with more concrete matters, such as specific investment mechanisms.