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Interview: EU Ambassador on partnership with China Video
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09:07, May 16, 2009

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The EU-China partnership has proved successful in the hard test of the financial and economic crisis and should turn more to global issues, said Ambassador Serge Abou, Head of Delegation of European Commission to China in an exclusive interview with People’s Daily Online on May 15.

There is no fundamental divergence in the bilateral relations between China and the EU, such as territorial disputes or rivalries for the conduct of the world. The EU recognizes the unity and territorial integrity of China for the principle of “one China” policy. China is in favor of the European integration. Besides that, China and France have solved their problem in their relations.

There are intensive interactions between China and the EU this year. In January, Chinese Premier Wen made a “trip of confidence” to Europe, including Brussels. The two sides have held their annual highest level dialogue on economic and trade relations in early May and will have their 11th Summit next week in Prague. Another summit is expected to be held at the end of the year.

On the top of that, international issues are also opportunities for the EU and China to show their willingness of joint leadership in the framework of G20, G8 or at Copenhagen conference on climate change at the end of this year.

Having sent the right message to the public opinion on the partnership, it is important to show concrete results and actions to fight crisis.

The financial and economic crisis has put the partnership in front of challenge. The two global powers have chosen to “swim together” by taking right measures for themselves and right way of cooperation not only in bilateral but also in multilateral frameworks.

By “cleaning their own houses” first, China and the EU have made great efforts on reviving their economic growth. Signs of recovery in the two economies bode well for the whole world.

By turning to internal demand, China has produced another engine for its economic growth when its export as one of the most powerful engine has slowed down. The consumption growing at about 15 percent in the first quarter is particularly encouraging. China is providing the engine of growth not only for itself, but also particularly for the EU as one of its first trade and investment partners, and for the whole world as well.

In Europe, there are first signs of hope. Banks began to announce profits. Stock markets are rising. And signs of recovery have been seen in some industries.

With or without the crisis, Europe will increase its efforts on industries which are identified as “paramount importance”, that is, energy saving, renewable energy and low carbon economy.

The human community have the solution, including technologies and legislation, to the global problems of energy shortage and climate change. It is “a question of political will, a new dynamism for the exchanges of technologies, fostering trade and investment in those sectors of paramount importance for each of our economies and the global economy”.

The EU and China also joint hands in G20 framework. Both have agreed on stronger supervision and regulation on financial institutions and on IMF reform including giving more financial support to IMF and more voting rights to new emerging economies like China and India.

The EU shares the same idea with China on harmony of the world, which means multilateralism. World organizations should reflect diversity of culture. Each country and region should have fair, equitable voice not only on financial crisis, but also on other global issues, like the fight against epidemic diseases. The share of representation of a country or a region in world organizations like IMF and WTO should be based on both its populations and scale of economy.

The EU hopes to work with China on building a more efficient multilateralism. “We have all components to forge our harmonious partnership,” Ambassador Abou concluded.

Video
http://english.peopledaily.com.cn/90001/90776/90883/6658159.html

By People’s Daily Online



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