Expectations rise as EU-China fair opens its doors in Chengdu

Authors: China Daily


A three-day key EU-China business and technology fair aiming to promote deeper business ties - and seeking potential investment opportunities - opened its doors October 25 in Chengdu.
Driven by the growing trend of increasing transfers of industries and technologies globally, the fair has been successfully held 11 times, rapidly promoting relations between China and Europe and achieving concrete results.
Over the past decade it has attracted a total of 53 institutions and companies from the UK, France, Germany and other nations to invest in and construct projects in Chengdu.
Organizers said the fair had become a great platform for investment, trade and technology innovation cooperation exchange with EU members, enjoying extensive participation from European enterprises.
It has also promoted many government cooperation projects between China and Europe over the decade, deepening innovation in the sciences and technology, as well as technology exchanges. Organizers said one example highlighted the broader picture perfectly.
In July the Chengdu Hi-Tech Industrial Development Zone signed an agreement with Brunel University and National Physical Laboratory, committed to strengthening cooperation between China and Britain in intelligent manufacturing and equipment intelligent upgrading.
Compared with previous EU-China cooperation fairs, the latest event has more participants and is more extensive, organizers believe.
Aside from Germany, France, Italy - and the other 25 European countries - South Korea, Thailand, Singapore and 11 other countries involved in the Belt and Road Initiative are joining in.
The event staged various diverse activities and conferences.
The Belt and Road New Economy Development Forum - as the main forum this year - has attracted government officials from both sides.
Organizers said that in total these activities were set to improve Chengdu's understanding of Europe and promote the sustainable development of the two sides in various fields - especially in industry, technology, tourism and culture.
(source: www.chinadaily.com.cn, October 26)

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