The 35th round of China EU investment agreement negotiations has made important progress, so why do

The 35th round of the EU-China investment agreement has made very important progress, and both sides are now making great efforts for the ultimate negotiation goal, and at present, in the 35th round of negotiations, the two sides have discussed the remaining issues of the text list, and they have reached a great agreement in this regard, and the relationship between China and the EU and the final signing of the agreement actually reflect the common values of China and the EU at the global level, which are very compatible.

The relationship between China and the EU is of great significance in the world, for example, the cooperation between China and the EU has made the two become promoters of globalizationIn fact, we all know that globalization has become an inevitable trend, no country can be independent of the world, so the signing of the two parties has made China and Europe in support of economic globalization and investment liberalization, made a good positive image, maybe some countries are willing to be in an isolated position, and some people are willing to use protectionism or isolationism to treat other countries, but in the end they will find that only cooperation can achieve a win-win situation.

China and Europe have become practitioners of multilateralismWe often talk about multilateralism, multilateralism, so what is really multilateral? In fact, it is equivalent to everyone working together. This also means that the China-EU alliance is becoming more and more solid, and I think that Trump and other members of the organization had a very serious contradiction on the issue of ** and climate, while the views of Europe and China are clearly in line, that is, to implement multilateralism, and the Belt and Road Initiative proposed by China at that time has been recognized by many countries, so Europe values this quality of China, and the values of the two sides are very compatible.

The investment agreement between China and the EU has made very important progress, which means that the two sides are getting closer and closer togetherIt means that both sides can bring great benefits to each other, and both sides have a large volume of imports and exports, and the market is also very large, which benefits the merchants of Central Europe and enables them to get more benefits from it.

Because China and Europe are both one of the two largest economies in the world, perennial economic exchanges and cooperation, so that the two sides of the economy and society from top to bottom all aspects have formed a very close relationship, no one can do without whom, and the current international economic situation is changing, China and Europe have been severely tested, so it is necessary to strengthen cooperation to resist risks.

The two sides must cooperate with each other with a positive attitude, so that they can achieve mutual benefit and win-win results.

Because of science and technology, there are many things that cannot be made by a single country, so it is necessary to join forces and work together.

The China-Europe summit has achieved very good results, which is also because it is now a global market, and no one can do without each other, and everyone needs each other, so that a situation of mutual profit has been formed.

Because some of the economic policies of the two countries can be used for reference, we can cooperate with each other to promote the rapid economic development of the two countries.

Due to the impact of the new crown epidemic, the global economy as a whole showed a state of exhaustion in 2020, and the European economy was also greatly affected, and the annual GDP contracted, which also caused the European Union's emergency expansion plan. The EU-China Investment Agreement is progressing steadily. The European Central Bank's emergency asset purchase program was expanded to one trillion euros in June this year.

Cooperation with the Chinese market is one of the most critical and important aspects of the EU's economic recovery. Therefore, this year's China-EU investment negotiations have attracted much attention.

1. Objectives of the negotiations.

China and the EU held the 29th round of negotiations on the EU-China Investment Agreement (CAI) from 25 to 29 May 2020The main elements include the text of the agreement and the list of bids. In 2014, China and the EU began negotiations on the agreement, including the former national treatment, negative list management, and the opening up of high-end service industries, which have a history of seven years since 2014, and are expected to complete the 29th round of negotiations this year.

Second, the content of the negotiation.

According to the announcement information on the European Commission, in November 2020, the 34th round of negotiations between China and the EUThere was a detailed exchange of views on the existence of mechanisms for sustainable development, disparities and labour issues, as well as an exchange of views on the mechanisms of the old market access agreements between the two sides, and at the level of technical discussions, the issue of taxation and exceptions was actively discussed. Judging from the announcements issued by the EU and China in the past seven years of negotiations, the issue of sustainable development is the biggest focus of negotiations between China and the EU. China hopes that the EU will work in the same direction with China in a pragmatic and constructive manner, actively remove the remaining obstacles, and achieve the set goals.

The two parties will reach a comprehensive, high-level and balanced investment agreement in 2020.

Judging from the China-EU agreement, the EU also clearly understands that maintaining cooperation with China has major strategic interests, and China and the EU are bound to benefit both sides after reaching a certain consensus on import and export, which will play a positive role in stimulating the economies of China and the EU.

The China-EU Investment Agreement is a balanced, high-level, mutually beneficial and win-win agreement that benchmarks international high-level economic and trade rules and focuses on institutional opening-up.

The main elements of the agreement consist of the text of the agreement and the list of bids. There was an exchange of views on sustainable development, labour issues, and old market access agreements.

The main content of the EU-China investment negotiation agreement is that the two sides are committed to promoting investment liberalization and facilitation. It covers four aspects: market access commitments, fair competition rules, sustainable development and dispute settlement. The conclusion of the negotiation of this agreement will have a significant impact on the economic development of China and the EU.

In this agreement, the main point is about the asset purchase program, which will be expanded and then the cooperation with China will be strengthened, and the goal of the negotiations will be established, and the content of the negotiations will be to resolve the disparities and labor issues.

At present, the negotiation of the China-EU investment agreement has entered a critical stage. Whether this agreement can be finally reached will have a far-reaching impact on the economic development pattern of China and the world. Win a broad international market for China's economic development.

The EU-27 is the world's third-largest economy, and its total economic volume is comparable to China's. The conclusion of the China-EU Investment Agreement will effectively promote the world's first.

Second, the cooperation of the third largest economy will bring a broad international market for China's development, obtain more international economic resources and technology, and provide a strong guarantee for China to build a new development model. It is conducive to strengthening multilateral cooperation and promoting the process of globalization. In recent years, the momentum of globalization has weakened due to the unilateralism of the United States.

If China and the EU can sign an investment agreement, it will undoubtedly set an example for multilateral cooperation in the world and accelerate economic globalizationThis will affect the adjustment of the world economic pattern. Due to the huge scale of the economy, Sino-European cooperation will lead to a shift in the center of gravity of world economic development to the Eurasian continent, a further decline in the status of the United States in the world economy, and a multipolar pattern in the world.

The name of the EU-China Investment Agreement has a profound meaning. Unlike traditional BITs, the EU-China Investment Agreement is a comprehensive investment agreement that addresses not only the investment itself, but also intellectual property protection, sustainable development and other related issuesFeng Zhongping, vice president of the China Institute of Contemporary International Relations, said in an interview with reporters that behind the name change is the strong will and commitment of China-EU cooperation, and the agreement is rich in content and has a long-term perspective. The content of the negotiations also focused on the most important concerns and interests of both sides, and was highly targeted.

The China-EU Investment Agreement is a comprehensive, balanced and high-level agreement reached in accordance with international high-level economic and trade rules. The scope of the agreement goes far beyond traditional BITs. The outcome of the negotiations consisted of four areas, market access commitments, fair competition rules, sustainable development and dispute settlement.

China has signed bilateral investment treaties with 27 of the 28 member states of the European Union (excluding Ireland). With the entry into force of the Lisbon Treaty in 2009, foreign direct investment (FDI) was brought under the exclusive jurisdiction of the EU, making the EU-China Investment Agreement the first investment treaty between the EU and China. Cui Hongjian, director of the Institute of European Studies at the China Institute of International Studies, told reporters that after the Sino-EU investment agreement is reached, it will solve the problems of investment involving third countries, jurisdiction and mismatch of legal authority.

This will also reduce the management costs of Chinese enterprises investing in Europe, and improve the convenience and transparency of investment.

There is a close investment exchange between China and the EU, and it is imperative that China and the EU reach an investment agreement in order to ensure scale and quality. China and the EU are important economic partners of each other. The EU has a high demand for capital, while China is an emerging capital supplier.

The EU has a demand for investment in China, and China also has investment intentions. After the signing of the EU-China investment agreement, investors were less affected by uncertainties. Xiong Lili, a professor at the National Institute of Opening-up at the University of International Business and Economics, said that the China-EU investment agreement would be beneficial to both sides.

China and the European Union, the investment agreement has been signed, for us and the EU, will be greatly strengthened, the relationship will be close, the two sides can reduce each other's tariffs, can develop together, and have a great impact on global prosperity.

Strengthen economic and trade exchanges between China and European countries, and promote the economic development of China and Europe; shattered the illusion that the United States wanted to unite Japan, Australia and Europe to isolate China economically; It has brought more investment opportunities to Chinese and European enterprises and provided a good business environment for enterprises.

This means that the cooperative relationship between Chinese and European countries has been consolidated, and it has also been transformed from a rival relationship to a cooperative relationship, and it also shows that ideology is also a productive force.

The completion of the negotiation of the China-EU investment agreement means that in the coming period, at least a few months, the economic disputes between China and Europe and the United States will temporarily ease, or even temporarily shelve, which can be regarded as good news for the economic and financial fields.

The significance behind this is, of course, that our connection with Europe is going further, and in the future, we can see more Chinese-made goods in Europe, and we can also buy more European goods at home.

Hearing such good news, as a Chinese person, I am very happy and proud, because in fact, this negotiation of Sino-European investment has been going on for more than 7 years. And every negotiation was very intense, after this 35 rounds of negotiations were finally finalized. In fact, both for China and Europe, there is a very good beginning of a new situation.

This also laid the beginning of a good road for business and **, because this time the negotiations are completed. In fact, for both sides, it is based on the idea of mutual benefit and win-win, and it is fair to do things under a criterion, so at the same time. In fact, it has also brought some good market resources and conditions for some of our country's later investments.

In fact, the enterprise not only brings resources to many enterprises, but also has a great growth trend for the local GDP. So if the investment can be completed, it will also expand the development of vocational employment in many regions. Although the opportunities brought to both sides this time have been affected by the epidemic, it has not made this negotiation difficult.

In other words, the negotiation has been terminated, on the contrary, the negotiation can be successful in such a serious situation as the epidemic, which shows that the two sides attach 10 points to this cooperation.

Moreover, for some enterprises in China and Europe, there are very good opportunities and challenges for some business policies in China.

Moreover, if the negotiations are completed through this time, it will actually lay a foundation for China's image in the international arena. It has shown to more countries outside that China is getting stronger and stronger and developing better, but in fact, this is not only conducive to the comprehensive image of our country. It is more helpful to attract some foreign investment, so this is actually for both the relevant functional departments and the common people.

The two sides have actually helped and changed a lot about the new crown epidemic this time, which is a good practice. In the later stage, there will also be some cooperation on economic tasks, which has a good effect on new energy.

China and the European Union, the investment agreement has been completed as scheduled, which is beneficial to both sides, can make both sides more smooth, both sides can make profits, common prosperity and prosperity.

The two sides are committed to promoting investment liberalization and facilitation, and have reached a high-level negotiation outcome. The agreement covers far more areas than traditional BITs, and the outcome of the negotiations covers four aspects: market access commitments, fair competition rules, sustainable development and dispute settlement. China has included in the China-EU Investment Agreement measures to open up its own financial and other fields, and at the same time, according to its own development needs, it has orderly expanded the opening up of some service industries and some manufacturing industries, such as hospitals and automobiles.

Under the epidemic, Europe can be described as the hardest hit area, a large number of European enterprises are in a state of production has not recovered, since China and Europe can negotiate, then China's strong productivity can give Europe a relatively large number of goods**, which is undoubtedly a very beneficial thing for both sides. Under the current circumstances, China's strong manufacturing capacity can effectively compensate for the shortage of materials caused by the current lack of productivity in Europe, which will be very immediate benefits for Europe.