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Home >> Business
UPDATED: 11:25, October 18, 2005
China-EU joint projects closer to the public
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"Satellite navigation system, well, that's something we use on our cars," said a visitor; "Galileo? I know, that's something really sophisticated," said another visitor to the pavilion of China-EU Galileo Project at the 7th China Hi-tech Fair which is held from Oct.12 to Oct.17 in Shenzhen city.

That is what most Chinese people know about Galileo. That is also why the Galileo is brought and showcased by the Galileo Joint Undertaking and China Galileo Industries here at the fair which is designed to promote the communication and transfer of technological research results from China and the rest of the world.

Swarms of visitors have been told that the project is open, civil and means massive business opportunities. An official with the CGI said they had met and talked to a number of visitors from different sections of the industrial chain, including investors. This is part of the company's initial efforts on getting close to the Chinese public, one of its major markets when the whole project is operational in 2010.

EU has secured its position as China's largest trading partner so far this year. But still Chinese visitors to the country's largest hi-tech fair at the least find they actually can have a lot more to work together with the country's close partner.

The Europe-funded Sixth Framework Program has given grants to more than 90 projects with Chinese participation so far. It is receiving more applications now and is expected to handle increasing applications with Chinese participation in the 7th Framework Program which starts in 2007 as it offers easier access to 72.7 billion euro of financial support.

In the 90 plus successful applications, most are for the information society technology, the international cooperation and food safety. The most significant rise has taken place in energy projects.

A model is available at the fair so that the Chinese public have had the chance for the first time to see what the ITER, an international thermonuclear project involving China, EU and other countries, is all about. An official with the EU Delegation of the European Commission said the first visitor was a scientist from Hong Kong and then they had received many experts from around China.

Although uncertainties and changes have taken place in the EU, there is very little concern about and huge expectation for the further and broader cooperation and exchanges between China and EU. This is especially true when the public know, support and participate into something the two sides are working on together, no matter how sophisticated it maybe.

By People's Daily Online

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