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China believes EU can deal with its debt crisis
By Wang Yanlin |
September 17, 2012, Monday
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Online Edition
Online Edition
CHINA believes the euro zone can deal with its debt crisis but it still has concern about trade with the European Union for the rest of 2012, senior officials said today ahead of Premier Wen Jiabao's visit to Europe on Wednesday.
"Europe's economic situation may not show a substantial improvement and we can't be optimistic about the bilateral trade outlook," Vice Commerce Minister Zhong Shan told a news briefing in Beijing.
Vice Finance Minister Zhu Guangyao said China is still confident that the European Union can address the debt crisis and China appreciates the efforts the EU has taken so far to ease the crisis.
China's exports to Europe fell 12.7 percent from a year ago in August, declining for the third straight month, compared with a 2.7 percent growth of its overall exports.
Last week at the 6th Summer Davos Forum, Premier Wen made similar comments, saying he had "full confidence in the eurozone, yet also some worries."
"China will firmly support EU integration and development of the eurozone," Wen said. "The difficulties the EU faces now are only temporary as the EU has a strong economy, a large pool of scientific and technological personnel and advanced managerial expertise."
Wen also said China and the EU must join hands to tide over the difficulties. To help the EU emerge from the crisis is to help China itself.
Wen will attend the 15th China-EU Summit in Brussels and pay an official visit to Belgium on Wednesday and Thursday.
During the visit, Wen will meet President of the European Council Herman Van Rompuy and President of the European Commission Jose Manuel Barroso, according to the Ministry of Foreign Affairs. They will discuss deepening the China-EU practical cooperation and strategic partnership.
"Europe's economic situation may not show a substantial improvement and we can't be optimistic about the bilateral trade outlook," Vice Commerce Minister Zhong Shan told a news briefing in Beijing.
Vice Finance Minister Zhu Guangyao said China is still confident that the European Union can address the debt crisis and China appreciates the efforts the EU has taken so far to ease the crisis.
China's exports to Europe fell 12.7 percent from a year ago in August, declining for the third straight month, compared with a 2.7 percent growth of its overall exports.
Last week at the 6th Summer Davos Forum, Premier Wen made similar comments, saying he had "full confidence in the eurozone, yet also some worries."
"China will firmly support EU integration and development of the eurozone," Wen said. "The difficulties the EU faces now are only temporary as the EU has a strong economy, a large pool of scientific and technological personnel and advanced managerial expertise."
Wen also said China and the EU must join hands to tide over the difficulties. To help the EU emerge from the crisis is to help China itself.
Wen will attend the 15th China-EU Summit in Brussels and pay an official visit to Belgium on Wednesday and Thursday.
During the visit, Wen will meet President of the European Council Herman Van Rompuy and President of the European Commission Jose Manuel Barroso, according to the Ministry of Foreign Affairs. They will discuss deepening the China-EU practical cooperation and strategic partnership.
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