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Broader access to investment key in EU talks

The more open the market is, the more European investors enter....

Broader access to investment 'key' in EU talks

http://europe.chinadaily.com.cn/business/2013-11/15/content_17106806.htm

The European Union sees broader access for investment in China as a key issue in negotiations on an agreement that will consolidate 27 bilateral pacts, the head of the EU Chamber of Commerce in China said.

 

"The more open the market is, the more European investors enter. European companies are very interested in entering the telecommunications, energy, construction, railway and financial service industries in China, if access can be further eased through a bilateral investment treaty," Davide Cucino, president of the chamber, told China Daily.

 

In mid-October, the European Commission authorized the EU to launch long-awaited negotiations on the investment agreement with China.

 

Two weeks later, Shen Danyang, spokesman at the Ministry of Commerce, called for adequate preparations for the negotiations, which are expected to begin during the China-EU Summit later this month.

 

Currently, 27 out of 28 EU members have signed bilateral investment pacts with China, all of which will be consolidated into a comprehensive agreement between China and the EU.

 

EU Ambassador to China Markus Ederer said on Thursday that the two sides will discuss topics including regional cooperation, China's urbanization drive, market access, government procurement and export credit.

 

"The agreement needs to secure existing openness and deliver new liberalization of the conditions for accessing each other's investment market. Crucially, it should also improve the treatment of investors and their assets — including key technologies and intellectual property rights," EU Trade Commissioner Karel De Gucht said.

 

John Ross, former director of Economic and Business Policy (London), said that European companies see China as one of the most important markets in the world.

 

EU statistics show that EU companies' investment in China accounted for only 2 percent of the bloc's total overseas direct investment in 2012.

 

China's investment in the EU accounts for 2.2 percent of its total foreign investment.

 

"A comprehensive, high-quality bilateral investment treaty is crucial to boost investment between the two large economies," Cucino said.

 

"Although capital outflow back to developed economies did occur during the financial crisis, China has maintained a business environment that is still very attractive to European investors."

 

According to a business confidence survey for 2013 conducted by the chamber and Roland Berger Strategy Consultants, of 550 European companies surveyed — all with a presence in the Chinese market for more than five years — 86 percent are considering further investment to expand operations, while 41 percent are planning merger and acquisition deals this year.

 

As to boosting China's investment in the EU, the chamber said that the bloc welcomes the entry of Chinese investors into diverse sectors in the region, and it will take more steps to facilitate investment.

 

For the first three quarters, China's investment in the EU surged 108 percent.

 

Chinese corporate investment in Europe soared in recent years. Prior to 2008, the nation's annual investment in Europe was less than $1 billion, but by 2011 it had increased to $10 billion.

 

By 2020, China's total investment in the EU is expected to reach $250 billion to $500 billion.

 

"Promoting investment facilitation is a first step between China and the EU. The government's support in providing services and taking measures to improve the investment environment is essential for leading companies' investment decisions," said Ma She, deputy director-general of the department of European affairs at the Ministry of Commerce.

 

Chinese companies investing in Europe face tough problems and obstacles. There are technical barriers in many areas, and there is no unified foreign investment approval procedure.

 

The enthusiasm and motivation of Chinese investors have been seriously affected by the abuse of antitrust investigations, harsh visa conditions and inflexible labor laws, according to the Ministry of Foreign Affairs.

 

"Protectionism has been rising in Europe in recent years. We hope the EU will pay full attention to these issues, create a good atmosphere and environment for Chinese enterprises to invest and provide the necessary facilities," said Qi Mei, counselor from the department of European affairs at the Ministry of Foreign Affairs.

 

 

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EU-China summit to set out plan for next decade

http://www.chinadaily.com.cn/china/2013-11/14/content_17106703.htm

 

 

Looking for life after glory of victory

http://europe.chinadaily.com.cn/china/2014-02/13/content_17280409.htm

China's first Winter Olympics champion helps athletes in retirement find new directions, reports Zhao Xu in Beijing.

 

Chinese consume too much food from animals

http://europe.chinadaily.com.cn/china/2014-02/13/content_17279987.htm

Chinese people appear to be eating more food from animals than they actually need, and this "compensatory consumption of food" may not change until the 2020s.

 

Wang Dongyang, deputy director of the Institute of Food and Nutrition Development under the Ministry of Agriculture, made the remarks at a media workshop on Wednesday. The workshop examined the new government guideline to develop China's food supply and nutrition.

 

The guideline was jointly issued on Monday by several government departments, including the Ministry of Agriculture and the National Health and Family Planning Commission.

 

"The guideline aims to help guarantee the supply of quality food and improve people's nutrition," Wang said.

 

The guideline sets goals for the food industry and nutritional health. By 2020, China's annual grain output will be 550 million metric tons or above, and the food industry's annual growth rate will stay at 10 percent or above, the guideline says.

 

The annual consumption per capita of meat by 2020 will be 29 kg, while eggs will be 16 kg and dairy products will be 36 kg, it said.

 

"Various factors, including foreign experiences, food consumption habits, public health, food supply capacity, and the trend of industrialization and urbanization, were considered while setting those figures," he said.

 

Wang conceded that it's possible the numbers will be higher.

 

China couldn't ensure an abundant supply of food until the late 1990s, and after that, people tended to experience a period of "compensatory consumption", which might last more than 20 years, Wang said.

 

In 2010, nearly 28 percent of Chinese ate more than 100 grams of meat daily, a survey of the Chinese Center for Disease Control and Prevention showed.

 

For health reasons, men should limit daily consumption of meat under 75 grams and women under 50 grams, according to a food consumption guideline from the CDC.

 

Ma Guansheng, deputy director of the National Institute for Nutrition and Food Safety, said that the consumption of animal food in China might keep increasing for a while.

 

Yang Yuexin, a veteran researcher of the institute, agreed. "That has been in line with the country's economic growth," she said.

 

Usually, with economic development, animal food consumption tends to increase, she added.

 

For instance, while US residents consume more than 100 kg of meat per capita a year, meat consumption there has been on the decline for years.

 

"We Chinese should try avoiding that kind of overconsumption, which poses public health challenges as well," she said.

 

In 2010, more than 30 percent of Chinese 18 and older were overweight, and the obesity rate was 12 percent, surveys by the health authorities showed.

 

Meanwhile, about 260 million people were suffering some sort of chronic diseases such as hypertension and diabetes.

 

"These major public health risk factors are closely associated with food consumption," she said.

 

In response, the government vowed in the latest guideline to establish mechanisms to monitor people's diets, strengthen supervision and information analysis, promote healthy food consumption, and intervene in areas or among groups where people are suffering from bad nutrition.

 

Also, for a balanced and healthy food consumption, the average daily energy intake of people should be between 2,200 to 2,300 calories, with at least 50 percent of energy provided by grain, and energy provided by fat comprising no more than 30 percent, it specified.

 

Ma, of the National Institute for Nutrition and Food Safety, said public nutritional health education is important to achieve the target.

 

On a positive note, recent surveys showed that in large cities, meat consumption stabilized or even declined thanks to rising nutritional health awareness, he said.

 

Beijing ranks low on green list of cities

http://europe.chinadaily.com.cn/china/2014-02/13/content_17279961.htm

The Chinese capital is on the verge of being "unfavorable for human living", a report claims.

 

Beijing fared poorly in the report that ranked the environmental conditions and general living suitability of 40 global cities, with conditions in the capital, especially, being severely criticized.

 

The city came second to last, while China's other major city in the study, Shanghai, was fifth from last in the environment category of the report, which was released on Wednesday.

 

Beijing was "almost unfavorable for human living", according to the report by the Shanghai Academy of Social Sciences, while Shanghai could barely meet average standards of an environmentally friendly city.

 

Stockholm, Vienna and Zurich were the top three cities in terms of their environment, and Moscow was at the bottom.

 

The report found that Beijing and Shanghai were in the top 10 for social tolerance, and both were in the top 20 in the business rankings as well as market stability and attraction.

 

Environmental conditions were one of the six indexes used to evaluate the 40 cities. Other indexes included economics, governance and cultural innovation. Overall, Shanghai came 21st and Beijing 31st.

 

Geographic conditions and unique weather patterns played a factor in the environment, said Su Ning, associate research fellow of the academy's Institute of World Economy.

 

Air pollution has been a major problem for big cities in China. In 2013, more than 100 cities had an average of 29.9 smoggy days, a 52-year high.

 

Of the 10 worst cities for monthly air pollution, cited by the Ministry of Environmental Protection last year, more than a quarter were located in Hebei province, which surrounds Beijing.

 

Soaring levels of pollution are driving expatriates out of Chinese cities, and dissuading others from coming. The Associated Press reported that the number of overseas visitors to China had declined from early last year due to air pollution.

 

"Air pollution is a fact, along with the ever-increasing length of the traffic jams," said Markus Wenger, who works in an e-commerce company in Shanghai.

 

"My firm has just offered to buy us all home air filters as long as the cost is under 10,000 yuan ($1,650)."

 

A recent analysis led by the Boston-based Health Effects Institute estimated that outdoor particulate matter in China was responsible for roughly 1.2 million premature deaths in China in 2010, ranking just behind smoking.

 

Both the central and municipal governments have prioritized tackling air pollution.

 

Under a plan released by the central government on Tuesday, the density of inhalable particulate matter is expected to be reduced by at least 10 percent in major cities by 2017. PM2.5, particles that are 2.5 micrometers or smaller in diameter, should also drop by 25 percent from 2012 levels in the capital by that year.

 

Toward solutions

 

Commenting on the report, Ni Pengfei, researcher of the Urban Competitiveness Research Center of the Chinese Academy of Social Sciences, said, "The next step after the release of this report is for the government to take action based on the research."

 

"Without promoting change, such rankings, either good or bad, make no sense," Ni said. 

 

Nuo Opera staged in E China's Jiangxi

http://europe.chinadaily.com.cn/culture/2013-11/12/content_17097553.htm

 

Optical illusion art show in Shanghai

http://europe.chinadaily.com.cn/culture/2013-11/19/content_17115774.htm

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