In the recent years, China and Europe have grown together and tightened their economic connections. Some people say this might provoke a dangerous interdependence. I believe that a close economic co-operation will be crucial for both continents in the 21st century. The European Union as well as China both will benefit and create various synergy effects.
Therefore, the European Union and China have established strong links. One famous example is the EU-China Business Summit which was introduced in 2003 and has been held annually ever since.
High-level European and Chinese businessmen and politicians meet in Beijing today to join economic forces for a prosperous future for both continents. When important economic and political leaders meet to discuss the economic challenges and opportunities of nearly 2 billion people a high profile networking platform is created as well. Hence, this summit is a great opportunity for all participants to exchange business ideas and start important discussions for political as well as economic agendas.
Key speakers will be the Chinese Premier Li Keqiang and Manuel Barroso, President of the European Commission. Their participation highlights the eagerness of China and Europe to build up tight links and establish a sustainable economic co-operation. Furthermore, European and Chinese enterprises may endeavour new land of business partnership.
All in all, I am confident that this summit will further push the inter-continental relations and will be another milestone in the creation of a sustainable and prosperous 21st century.