· China’s auto exports fell 9.1% in the first five months

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China's investment in Europe has entered a period of “rapid growth”. At the regular press conference of the Ministry of Commerce held yesterday, Shen Danyang, spokesman of the Ministry of Commerce of the People's Republic of China, said that China is currently discussing with the EU the "One Belt, One Road" initiative and the EU's 315 billion euro strategic investment plan.
From January to May this year, China’s investment in Europe and Africa was US$4.21 billion, a growth rate of 367.8%. Chinese companies investing in Europe continue to emerge.
According to Shen Danyang, China's investment in Europe has been expanding, involving engineering machinery, automobiles, real estate, shipping, telecommunications, energy and finance.
"Made in China 2025" and "German Industry 4.0", "New Industry France", "British Manufacturing 2050" and other strategies emphasize industrial transformation and upgrading, China-sponsored "Asia-Europe interconnection" and the construction of pan-European transportation network, Central Europe and the land Infrastructure projects such as the Express Line and the New Eurasia Bridge have many things in common. He also believes that China's "Internet" and the construction of a single digital market in Europe and the construction of a smart city in Europe can mutually promote each other.
Shen Danyang also pointed out that the prospects for China-EU financial cooperation continue to be optimistic. EU countries such as the United Kingdom, France, Germany, and Italy joined the Asian Infrastructure Investment Bank. The EU welcomed China's participation in the European strategic investment plan and released a positive signal of strengthening financial cooperation with China. According to him, during the visit of Prime Minister Li Keqiang to China, Chinese financial institutions signed many cooperation agreements with the European side. Premier Li Keqiang advocated that the two sides should use more than 70 billion yuan (6.2100, 0.0000, 0.00%) swap mechanism to play the role of four RMB clearing banks in Europe and improve the RQFII system, which will create more convenient Sino-European economic and trade cooperation. condition.

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