On 26th March, CCCWS Deputy Director General Dr. Hu Hao held a discussion on China-European economic cooperation, Asian Infrastructure Investment Bank (AIIB), “One Belt One Road” initiative with Marco Buti, Director General for Economic and Financial Affairs at the European Commission.
Deputy Director General Hu Hao chairs a discussion with Marco Buti, Director General for Economic and Financial Affairs at the European Commission
Marco Buti points out that investment is key driver of economic growth. Investment increase, especially infrastructure investment is crucial for sustaining the economic recovery from financial crisis in Europe. To this end, the EU prepares to establish the European Fund of Strategic Investment(EFSI) to leverage private as well as public capital from both EU and non-EU countries. The EU hopes to expand cooperation with financial institutions like AIIB and locate specific cooperative projects under the “One Belt One Road” framework.
CCCWS holds a discussion with Marco Buti, Director General for Economic and Financial Affairs at the European Commission
Dr. Hu Hao agrees that China-EU investment cooperation enjoys great potential, and points out that the UK, Germany, France and Italy joining AIIB is a major step for deepening China-EU financial cooperation. The two sides will find more projects to work on together after the whitepaper on “One Belt One Road” initiative goes public.
Marco Buti, Director General for Economic and Financial Affairs at the European Commission pays a visit to CCCWS
Also attendant at the discussion are Dr. Liu Xiangfeng, Deputy Director of International Finance Study Group under the Institute for International Economics Research, NDRC, CCCWS Researcher Fellows Xu Xu and Lin Wei, Associate Researcher Fellows Zhang Ke and Wang Xun, Assistant Researcher Nie Shengquan.