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Ministry of Commerce: "Made in China 2025" to link with European upgrading strategies

(People's Daily Online)    09:59, July 09, 2015
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(Photo/China.com.cn)

Spokesman of the China's Ministry of Commerce Shen Danyang says that China is discussing "One Belt One Road" and EU's 315 billion euros investment strategy with the European Union, aimed at propelling cooperation between China and Europe.

Premier Li Keqiang's third visit to Europe had contributed a lot in promoting "Made in China 2025" and combining it with Germany's "Industry 4.0", "The New Industrial France", and UK manufacturing 2050 — all of these strategies are focused on transformation and upgrading.

Shen says that with China investing 4.211 billion dollars in Europe and more countries joining the AIIB, the economic cooperation between China and Europe is even more promising. During Premier Li's visit, multiple financial agreements had been signed, and deals also had been made to make good use of the 700 billion RMB exchange mechanism.

In addition, China also proposed strategies like interconnection between Asia and Europe, new Eurasian Continental Bridge, the combination of Chinese Internet and European digital market, and smart cities etc. 

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Editor:Yao Xinyu,Yao Chun)

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