Text/Li Xiaoyu
On the 13th, the 2024 Global Trade and Investment Promotion Summit was held at the Diaoyutai State Guesthouse in Beijing. Heads of many international organizations, presidents of chambers of commerce, and executives of foreign companies discussed topics such as opening up supply chain cooperation and sharing opportunities for Chinese-style modernization.
Dilma Rousseff, President of the New Development Bank: China adds certainty to the world economy
New Development Bank President Dilma Rousseff Photo courtesy of the organizers
Rousseff said that the strategy of "decoupling" and "de-risking" economic and trade with China has made globalization more fragile. However, the strong rise of China's economy on the international stage has hedged against this situation.
Citing an IMF study, Rousseff said China's economic growth had a positive spillover effect on the rest of the world. For every percentage point of growth in China's economy, output in other economies increases by an average of 0.3 percentage points. As the world's second-largest economy, China's economic performance has added much-needed stability to the world economy, and China's commitment to an open world economy is clear.
He Ming, President of the French Chamber of Commerce and Industry in China: China is particularly important in the global supply chain
He Ming, President of the French Chamber of Commerce and Industry in China, courtesy of the organizer
Rémi Paul said that China's role in the global supply chain is particularly important. Technologies such as artificial intelligence, blockchain, and the Internet of Things have revolutionized operations, ensuring transparency, efficiency, and sustainability.
In addition, China's commitment to sustainable development is in line with global expectations for the promotion of eco-friendly practices and green technologies. This not only satisfies consumer demand for responsible production, but also contributes to global efforts to combat climate change and environmental degradation.
Luo Renzhou, President of the China-Italy Chamber of Commerce: China is Italy's most important Asian market
Luo Renzhou, President of the China-Italy Chamber of Commerce, courtesy of the organizer
Luo Renzhou said that China's economic growth rate has significantly surpassed that of Europe, and even far exceeded the average growth rate of global GDP. That is why Italy faces great opportunities in the Far East, especially in China.
He said that for Italy, China is the second largest market after the European Union, and it is also the most important market in the Asian region. This is particularly critical in the new international situation.
Osamu Onodera, Vice President of the Japan Chamber of Commerce in China: Most Japanese companies will still maintain or increase their investment in China
Osamu Onodera, Vice President of the Japan Chamber of Commerce in China, Photo courtesy of the organizer
Onodera said that according to the chamber of commerce's survey last year, Japanese companies are still committed to developing in the Chinese market, and more than 90 percent of them said they would maintain or increase their investment in China.
He said that at the beginning of China's reform and opening up, Japanese companies began to invest in China. Nowadays, Japanese companies have become very commonly rooted in the Chinese economy and deeply rooted in the Chinese market. We hope that the visa-free policy with China can be resumed as soon as possible, so that more Japanese companies and Japanese citizens can visit China, and that the Chinese government can provide a fairer and more transparent business environment.
Onodera also said in an interview with the media that there is no doubt that the quality of China's electric vehicles and other products has improved significantly. Looking back at history, in the process of Japan's rapid economic growth, there have been many trade frictions between Japan, the United States, and the European Union, which is an inevitable phenomenon. This is when the conversation is crucial.
Feng Baiwen, President of the China-Australia Chamber of Commerce: China's electric vehicles are very good
Feng Baiwen, President of the China-Australia Chamber of Commerce, courtesy of the organizer
Vaughn Barber said China's electric vehicles were doing "very well" in Australia, with advantages in terms of technology and cost of scale. This means that there is a very good opportunity for Chinese companies to work with Australia to achieve the energy transition.
He said that based on China's technological and cost advantages, through cooperation, Australia and China can not only accelerate carbon reduction, but also set an example of cooperation to address climate change.
Tao Lin, Vice President of Tesla: Tesla running in China is really "Made in China"
Tao Lin, vice president of Tesla, courtesy of the organizer
Tao Lin said that more than 99.99% of Tesla's employees in China are Chinese, and more than 95% of Tesla's supply chain in China is a local Chinese supply chain. "The Tesla cars you see running on the streets and alleys in China today are really made in China."
She says it's not intentional, but a natural consequence. This is the most efficient operation for the entire Tesla factory and the most cost-effective operation for consumers.
Source: The country is a through train
Editor: Qin Jing
Editor-in-charge: Wei Xi