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Li Keqiang and President Jean-Claude Juncker of the European Commission Jointly Attend 11th China-EU Business Summit and Deliver Speeches
2016/07/13

On the morning of July 13, 2016, Premier Li Keqiang and President Jean-Claude Juncker of the European Commission jointly attended the 11th China-EU Business Summit at the Great Hall of the People and delivered speeches. Over 600 entrepreneurs from China and the EU members were present at the meeting.

Li Keqiang expressed that China has always viewed its relationship with the EU from the strategic height and a long-term perspective, and firmly supported the European integration process. Enhanced cooperation between the two sides conforms to the common interests of both sides and is beneficial to world peace and development.

Li Keqiang pointed out that despite current sluggish world economic recovery, China-EU cooperation in investment enjoys a strong momentum of growth, indicating that respective development offers opportunities for each other. It is hoped that both sides can, in the spirit of mutual respect, equality, mutual trust, openness, inclusiveness and win-win cooperation, continue to deepen the implementation of China-EU 2020 Strategic Agenda for Cooperation and better integrate development strategies, so as to continue to open up a new horizon for China-EU relationship and cooperation.

Li Keqiang noted that China is willing to work with the EU to jointly create a peaceful and stable environment and advocate peacefully resolving disputes through negotiations and dealing with differences through constructive approaches, so as to make positive contribution to safeguarding world peace and development. Both sides should tap the potential of economic and trade cooperation, open respective market wider to each other, properly resolve trade disputes, advance liberalization and facilitation of trade and investment, and oppose setting up trade barriers. China is ready to speed up the negotiation of China-EU investment agreement and welcomes the EU to invest in China's advanced manufacturing, modern service industry and central and western regions. It is hoped that the EU can provide convenience for Chinese enterprises to invest in Europe. The two sides also need to enhance cooperation in such areas as finance, innovation and connectivity, so as to promote the comprehensive and balanced development of China-EU practical cooperation.

Li Keqiang stressed that opening up is China's basic state policy. China will continue to reform the management system for foreign investment and gradually realize the management style combining pre-establishment national treatment and negative list. All companies registered in China, whether Chinese-funded or foreign-funded, will be treated as equals. China will further relax control over market access, do well in intellectual property protection, well safeguard the legal rights and interest of various enterprises and devote itself to creating a more just, transparent and predictable business environment.

Li Keqiang introduced current situation of China's economy and pointed out that at present, the Chinese economy is running in a stable and sound manner. The second quarter maintained a steady growth momentum as the first quarter. In the face of various international and domestic complicated factors, difficulties and challenges, China will continue to stabilize macroeconomic policy, focus on reform, opening up and innovation-driven development and give play to the advantages of China's economy such as strong resilience and large maneuver space. China will develop new economies, cultivate new driving forces, reform and improve traditional economic engines. China has the ability to accomplish this year’s major economic and social development tasks, which will bring more business opportunities for enterprises of all sides, including the EU.

Jean-Claude Juncker expressed that since the establishment of diplomatic relations between the EU and China over 40 years ago, bilateral relations have yielded great achievements, boosting respective economic growth and benefiting the two peoples. At present, both sides are advancing transformation and adjustment of economic structure. There is huge space for cooperation. The EU is willing to strengthen partnership with China, well integrate development strategies, make good use of connectivity platforms, boost innovation cooperation and accelerate the negotiation process of bilateral investment agreement.

On that morning, Li Keqiang and Jean-Claude Juncker jointly attended the signing ceremony of cooperation under the China-EU urbanization partnership and witnessed the signing of 12 bilateral cooperation documents.

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