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As we all know, that didn’t happen. But good things come to those who wait, right?
As the global economy is currently undergoing a rocky period of transition, China and Latin America are both tackling structural reforms to spur development, with shared goals and interests that go beyond mere trade.
As the core function of the FTZ is to stimulate domestic and foreign trade, as well as attract foreign direct investment, the government will come up with more flexible policies to not only benefit State-owned enterprises and giant foreign companies, but also ensure small and medium-sized companies from all countries can profit from this platform, said Zhang Hongguang, deputy director of Dalian area of the Liaoning FTZ.
As the industrial internet is integrated with the real economy in some areas including manufacturing, energy, transportation, construction and agriculture, it sparks a new kind of kinetic energy in the real economy, and speeds up the digital transformation in all industries, said the China Academy of Industrial Internet.
As the chair of this year's China-CEEC meeting, Hungarian Prime Minister Viktor Orban said the 16 CEE nations take cooperation with China as an opportunity and will participate in the Belt and Road Initiative. He said a better environment will be created for Chinese enterprises to make their investments and promote a long-term development of China-CEEC exchanges.
