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China-EU economic ties boosted in 2010, great potential ahead (2)

China-EU economic ties boosted in 2010, great potential ahead (2)

Write: Sheena [2011-05-20]
GREAT POTENTIAL AHEAD
During the business summit held in Brussels, business leaders from both sides saw great potential in further advancing their economic ties.
Wan Jifei, chairman of the China Council for the Promotion of International Trade (CCPIT), said during the business summit that China and Europe had entered a new era of trade cooperation with great prospects for further expansion after decades of efforts.
"Europe is important to an emerging economy like China, which is in a crucial economic transformation period trying to readjust its industrial set-up and foster the development of high-tech and high value-added industries," Wan said.
Bernard Dewit, chairman of Belgian Chinese Chamber of Commerce, told Xinhua during the business summit that he looked forward to the expanding of economic ties between Europe and China. Dewit hoped more and more Chinese companies would come to Europe, opening the European market for their products and creating more jobs for Europeans.
Song also said China's 12th Five-Year Plan (2011-15) would offer great opportunities for businesses in Europe and China.
Europe could make advantage of China's enlarged consumer market, adjustment of industrial structure, commitment to developing green economy, and China's science and technology advancement, the ambassador said.

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China-EU economic ties boosted in 2010, great potential ahead (2)