Many Political And Business Circles Say That China'S Economic Development Has Entered The Orbit Of High Quality.

On the occasion of the 70th anniversary founding of new China, a number of political and business people interviewed by reporters said that China's economy has entered a track of high quality development, the consumer market has been constantly upgrading and the opportunities for win-win are significant. We hope to deepen economic cooperation with China through actively participating in the fair and expanding the scale and scope of bilateral trade and investment.

Work together for high quality development

At present, all industries in China are advancing on the track of high quality development, and there are gratifying changes in the degree of openness of the market and the establishment of the concept of sustainable development. Many political and business circles said that before the new development stage created a win-win opportunity, we should intensify our efforts to deepen cooperation.

France, which has established diplomatic relations with China for 55 years, is looking forward to deepening cooperation with China in various fields. Before the French ambassador to China Li wanted to tell the media not long ago that France attaches importance to the Expo as a major move to further expand China's opening up, and will support and participate in the second fair.

He said that France will become one of the six host countries of the second fair, and there will be a larger national pavilion. This year, more French companies will be exhibiting. In particular, he pointed out that two of the five sponsors of this year's fair were French enterprises. "One of them is the L'OREAL group, which last year was the second largest sponsor of the fair. This year, LV group will also join it. The group will be interested in the exhibition of life art, which will be set up by the second Expo.

In an interview with reporters, chief executive of L'OREAL China said in an exclusive interview with reporters that he will implement the strategy of sustainable development and continue to lead the comprehensive innovation of sustainable production, R & D, consumption and sharing development, and jointly promote sustainable development with all partners to become the daily conscious action of the Chinese cosmetic industry.

Poland, which has established diplomatic relations with China, has attached great importance to the opportunities brought about by the quality development with China. Malone, a technical consultant of the Poland chamber of Commerce, told reporters that he congratulated the economic achievements made in the 70 years since the founding of new China, and looked forward to more opportunities for win-win development between Poland and the Chinese industry.

Poland's largest mining equipment manufacturer, Famer, values the opportunity for China's economy to develop towards high quality development, and develops products with high demand for the Chinese market. Adam Toborik, vice president of the company, said that the company has developed almost fully automated underground mining equipment according to the safety and efficiency needs of the Chinese market.

Actively cultivating the Chinese market

With the continuous upgrading of the consumption structure and scale of the Chinese market, multinational enterprises are looking forward to expanding the scope of trade and putting into the Chinese market, and further tap the potential of China's consumer market.

The Chilean side, which is about to usher in a 50th anniversary diplomatic relationship with China, said that looking back at the past economic relations with China can be seen as a brilliant success and looking forward to further enhancing relations with China in the economic and trade field in the context of China's consumption upgrading.

In an interview with reporters, George Orain, director general of Chile's export promotion administration, said that bilateral economic and trade cooperation between China and Chile continued to heat up by becoming the first Latin American country to sign a FTA with China in 2006. He said he hoped to expand exports of more agricultural products and raw materials to China, and import more Chinese technology and innovation products.

Today, China has become Chile's largest trading partner, Chile has become the second largest trading partner of China in South America, and bilateral trade volume has reached US $42 billion 750 million in 2018. Chile has held five Chilean Week activities in China, and has continuously promoted and upgraded Sino Chile economic and trade relations.

L'OREAL believes that the upgrading of consumption in China is in the ascendant. The company noted that between 2006 and 2016, the proportion of urban population in China increased from 43.9% to 57.35%, and the number of new urban residents exceeded 200 million. In more than 600 cities across the country, over 1 million cities were over 200, and the number was larger than that of Europe.

Mr Fei said that the needs of the Chinese people for a better life are increasingly widespread, not only for higher demand for material and cultural life, but also with the upgrading of consumption and the sensitivity of consumers to price changes to the pursuit of quality. More and more consumers are beginning to shift from practical consumption to enjoying consumption, and are more inclined to high-end, personalized, niche and brand and products with service premium. "We have full confidence in meeting the new needs of consumers with the fastest and highest quality." He said.

Investment cooperation is deepening day by day.

Two way investment has also become an important starting point for deepening economic cooperation between many countries and China.

Data show that from 2002 to 2018, China's average foreign direct investment amounted to US $75 billion, which is 43.3 times the average annual investment from 1982 to 2001. In 2017, foreign direct investment of Chinese investors amounted to 158 billion 300 million US dollars, 58.6 times the size of 2002. In 2018, China's foreign direct investment increased by 4.2% over the previous year. The rising momentum of foreign investment has given China's partners more hope.

George Orain believes that China's capital is promising for many industries in Chile. In addition to general trade in goods, we expect to have more activities with Chinese capital at the investment level.

The chief representative of China's Foreign Investment Affairs Bureau in Holland and the Consul General of industry and Commerce of Holland Consulate General in Shanghai said that Chinese enterprises are developing rapidly and prosperously. The cooperation between Holland and Chinese enterprises is always open. He welcomed the willingness of Chinese companies to invest in Europe and Holland.

Looking back on the development in China for more than ten years, the Holland Foreign Investment Bureau has caught up with China's foreign investment by the east wind of China's "going global" policy. According to the introduction, hundreds of Chinese enterprises have set up operation organizations in Holland, which has changed greatly compared with less than 50 Chinese companies in 2006. The vigorous development of Sino Dutch two-way investment has made China the second largest source of investment in Holland, and Holland has become the third largest EU investor in China.

Zhong Kai Ren said that Holland, as China's "Silk Road Economic Belt" along the line, as well as the "maritime Silk Road" important countries along the line, for Chinese enterprises, has been playing the role of the European gateway. It is believed that the stable and open business environment of Holland will bring more opportunities for Chinese enterprises to expand the global market.

In attracting foreign investment and optimizing the business environment, China has also become a foreign investment destination. L'OREAL said that the reform and opening up business environment has been continuously optimized. Especially in the past few years, the favorable policies and new measures have been speeded up from tax reduction to negative management, and the efficiency has been continuously improved. Fei Bo Rui said that L'OREAL's headquarters in Shanghai, China's comprehensive promotion of government services, "one net through", in order to establish a one-stop platform for government and business services, reduce the cost of communication long provides a train of thought.