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China and the EU need to remain committed to the overall direction of economic globalization. In his speech at the World Economic Forum in Davos earlier this year, President Xi Jinping underscored China's commitment to upholding free trade and put forward the proposition of making economic globalization more open, inclusive, balanced and beneficial to all. His message has given a boost to people's confidence in economic globalization.Powered by trade and investment liberalization and facilitation, economic globalization has always been and will continue to be a major driver for sustained global growth. Just as there is no panacea in the world which does not involve any pain, economic globalization is not problem-free. We need to face up to these problems and make efforts to address and alleviate their adverse impacts. In any case, one cannot stop eating for fear of choking, to apply the brakes on economic globalization or try to reverse course is neither advisable nor consistent with the historical trend. The most urgent task now is to uphold free trade, re-energize trade and investment, push the global economy onto the track of steady recovery and spread the benefits of economic globalization to more countries and communities. Both being beneficiaries of free trade, China and the EU should also be its staunch advocates.
China also has bilateral deals with non-ASEAN members of RCEP like Australia and New Zealand, which have also helped make China an important partner to these countries.
China Southern Airlines already has routes connecting Chinese cities with Paris, London, Amsterdam, Frankfurt, Moscow and St Petersburg in Europe.
China Mobile, the world's largest telecom carrier by subscribers, on Monday denied media report that it was considering to acquiring a stake in Singapore telecom company M1 Ltd.
China Railway Express helps the volume at the Port of Duisburg to grow by 30 percent in 2017, making it the fastest-growing port in Germany. [Photo/Xinhua]
