Will China-EU Strategic Investment Deal Agreement increase Drip Coffee Bag Packing Machine Trade
Will China-EU Strategic Investment Deal Agreement increase Drip coffee bag packing machine Trade? The negotiation of the China-EU Strategic Investment Deal lasted for 8 years. And China-EU Strategic Investment Deal was the first comprehensive and high-level bilateral agreement on geographical indications signed by Chinese foreign businessmen. It was also the first major trade agreement between China and Europe in recent years. Analysis pointed out that the signing of the agreement will bring three major benefits. Firstly, the agreement is a powerful measure to promote the development of China-EU economic and trade relations; secondly, this move shows that China and Europe have made positive progress in intellectual property rights; finally, it will also promote the global recognition and attention of geographical indications.
Data released by Eurostat in August showed that in the first half of this year, the total foreign trade of the 27 EU countries fell by 12.5% year-on-year to 1,699.2 billion euros, of which exports fell by 12.4% and imports fell by 12.6%. However, its trade volume with China increased by 2.2% year-on-year to 275.6 billion euros (approximately 2.23 trillion yuan). Among them, exports to China only fell by 2.9%, and imports from China rose by 5.1%, making it China's second largest trading partner.
With the signing of a major trade agreement between China and Europe, the trade volume between China and Europe is expected to increase further in the future, which is obviously a good thing for China and Europe. In addition to promoting trade exchanges, China and the EU also intend to promote the investment agreement between the two sides. The latest news shows that during the China-EU meeting, the two sides confirmed that they will speed up the negotiation of the China-EU Strategic Investment Deal Agreement and are committed to achieving the goal of completing the negotiations within this year.
In addition, China and the EU have also decided to establish a China-EU High-Level Dialogue on Environment and Climate and a China-EU High-Level Dialogue in the Digital Field to create a China-EU green partnership and a China-EU digital partnership. This shows that the cooperation between China and the EU covers a wide range of fields, which is of great significance for promoting China-EU economic cooperation and dependence. So as a manufacturer of Drip Coffee Bag Packing Machine, take this a good chance!
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