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Trade and Investment between Europe and China.doc
Trade and Investment between Europe and China
中图分类号:F752 文献标识:A 文章编号:1009-4202(2013)06-000-03
Executive Summary Since China has opened its market to the global trade, especially after China joined into the WTO, the Chinese economy has received the extensive concern of the international trade. Many experts and scholars believed that the fabulous rise of the Chinese international trade may bring opportunities and challenges both for China and the rest of the world. This work presented in this paper is to provide an insight into trade and investment relations between European Union (EU) and China. The main objective of the research centers on the trends and the prospects of bilateral trade between EU and China. First of all, the author will presented history of EU-China trade relations and general facts of the current EU-China trade and investment. Then, followed the challenges and opportunities of EU-China trade and investment, this paper is also going to forecast the broad prospects of EU-China trade. According to the research, finally, the author satisfactorily come to the conclusion that EU-China trade and investment needs a sound economic and political system in a long run within the good strategic partnership between these two partners.
KEY WORDS international trade, bilateral trade, economic regime, political system
1. Introduction
Significant changes in the modern global economic map have increased global integration and international competition. European Union (EU) and China have become two of the biggest trade players in the world, however the economic and political development in both China and Europe have twists.
The Background of EU-China Trade and Investment
From four hundred years ago until the nineteenth century, as two largest economies, China and India accounted for half of the whole output in the world economy. In 1800, China represented 40% of the world’s gross national product. However after the industrial revolution in Eu
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