What does it mean to resolve disputes over China-EU high value-added w88 products

(Source: "China Youth Daily" Time:2014Year10month22Day5Edition Reporter: Li Songtao)

Brussels local time10month18On the 8356_8375th day, European Commission w88 Commissioner De Gucht spoke at the 19th28中国-The EU Economic and w88 Mixed Committee stated at the meeting that China and the EU have found a solution to properly resolve the anti-subsidy case for wireless communication equipment, and the EU promised to immediately initiate internal procedures for withdrawing the anti-subsidy case for wireless communication equipment.

“The termination of the countervailing investigation of communication equipment is of symbolic significance to both China and Europe.” Cui Hongjian, director of the European Department of the China Institute of International Studies, said that communication equipment involves both w88 and investment. The resolution of this issue has laid the foundation for the resolution of future w88 and investment disputes between China and Europe.

Ministry of Commerce statistics show,20139490_95035591Billion dollars. Since the beginning of this year, China-EU w88 has developed particularly rapidly,1~9Monthly bilateral w88 volume reached4571.1USD billion, year-on-year growth11.8%。

Despite frequent w88 exchanges between the two sides, frictions in w88 have never stopped.

"In fact, this is the case with w88. The larger the w88 volume, the easier it is for disputes to arise."Associate Professor Gong Jiong, w88 casino of International Economics and w88, w88 casinoTell reporters that w88 disputes need to be treated with a normal mind. Business interests are always noisy. The resolution of disputes between China and Europe in the fields of photovoltaic products and communication equipment does not mean that the future w88 between the two parties will be smooth.

atGong JiongIt seems that the reason why the EU conducts similar anti-dumping and countervailing investigations on products exported from China is because Chinese companies have grown too fast before.

“Enterprises like ZTE and Huawei are developing too fast, while traditional European companies such as Ericsson and Alcatel have been losing market share.”Gong Jiongsaid that the European side is worried that if this continues, it will involve employment issues. The costs of Chinese companies are significantly lower than those of European companies.

The society once had a vivid description of Chinese enterprises going global: there is a huge cheap labor force and a strong government behind them.

It is this characteristic that makes Europe extremely sensitive to Chinese companies.

In just a few decades, Chinese companies have gone global and upgraded their w88 products. In the past, most of China's exports were primary products, such as clothing, shoes and hats, but in recent years, some high value-added products have also begun to enter the international market in large quantities.

So, when Chinese companies go global, do they really affect local employment issues?

In the opinion of many experts interviewed, the impact of this issue is not prominent. If Chinese companies want to take root abroad, they also need to undergo the baptism of localization, and hiring local employees is indispensable. Moreover, due to the opening of the local market, business expansion will actually create a job market for the local area.

Gong Jiongtold reporters that taking Europe as an example, Chinese communications companies have very limited impact on local employment. Moreover, the main jobs of European communications companies are not in Europe, but in the United States.

What to reflect on when “going out”

In fact, when China and Europe have disputes over photovoltaic products, disputes about communication products have already arisen.

Cui Hongjian, director of the European Department of the China Institute of International Studies, told reporters that at that time, the EU used communication products as bargaining chips in negotiations. If the photovoltaic issue was not solved well, it would put pressure on communication products.

However, for Chinese enterprises, how to better go global is an issue that needs to be seriously considered at the moment. "Many companies in Europe are state-owned enterprises and have various subsidies themselves. Some companies in the United States even have state shares."Gong Jiongtold reporters that on the issue of government subsidies, each country actually has different understandings, and it is difficult to reach a consensus.

In fact, this problem manifests itself in various ways. For example, when Chinese companies receive bank loans and credit, they will be considered by European and American countries to have received government subsidies. However, from the perspective of Chinese companies, these are normal business behaviors and have nothing to do with subsidies.

In Cui Hongjian’s view, Chinese companies need to find a relatively gentle and locally adapted way to go global. For example, looking for local partners to promote Chinese products to overseas markets in an integrated manner. In this way, it will not only make the local area less nervous, but also make the local area feel that it will help local economic growth, and the other party will have no reason to object.

If you look at the internationalization of Chinese enterprises from this perspective, you will see two ideas: one is to rely on excellent products to open the market; the other is to first occupy the market on a large scale and then improve product competitiveness.

In Cui Hongjian’s view, internationalization does not mean occupying all the other party’s markets overnight, but should be more reflected in product competitiveness and rely on competitiveness to win the market.

There are also different opinions.

atGong JiongIt seems that one of the problems that Chinese enterprises need to solve when going global is to minimize vicious competition among domestic enterprises.

“Some companies going abroad have to face not only competition from foreign companies, but also competition from domestic companies going global. These competitions often start first among domestic companies.”Gong Jiongsaid that such competition has caused many problems and is not conducive to the development of Chinese companies in overseas markets.

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