China's economy into the world to benefit from world

European Investment Bank president Philippe Masitade in a few days ago at the Luxembourg headquarters of the Xinhua News Agency special correspondent Visit, pointed out that China's economic growth, China's economy to faster integration into the world economy, which will allow the world by Benefits. Masitade in left for Beijing to participate in the trip to the Capital Airport expansion project before the signing ceremony of loan The exclusive interview. He said that China is a very open economy, exports are many, but do not forget China At the same time, is also a large number of imports, China's huge market in other countries to promote economic development. This year in particular, in July China's RMB exchange rate formation mechanism reform, the international community to convey a positive signal. Masitade also pointed out that due to China's economic scale of China's economy and world economic integration process The rest of the world will bring challenges. He stressed that in the face of such challenges, the Europeans are the only viable industry to speed up Modernization and economic transformation, especially through the implementation of the EU's "Lisbon strategy", as soon as possible so as to enable Europe to become a Knowledge-based, to lead the technological innovation of the new economy. Masitade textiles as an example to illustrate the implementation of the EU economy. He pointed out that as early as 10 years ago Europe's textile and garment manufacturers knew the textile quotas will be lifted. Unfortunately, the textile industry in Europe Adjustment is done "too little" in an attempt to force them through the restoration of quotas to protect their own interests, This, in turn, sparked between the EU-China textile trade disputes, and led to tens of millions of pieces of Chinese textiles and clothing piled up in EU States should not enter the port clearance. Masitade believe that after friendly consultations, the EU-China textile trade dispute will be resolved. He pointed out that China's economic development is a reality, the Europeans must learn to adapt to major changes. As the EU-China trade by Chang, trade friction may arise, but in the long run, the two sides to each other through trade and industrialization at a reasonable Work to achieve "win-win" situation. Masitade also briefed the reporters about the European Investment Bank loans in China's case. He said that so far, Europe Island-based investment bank, "mutually beneficial EU-China" principle, in sewage treatment, highway and sea oil exploration in areas such as the China issued the loan. In the process, China showed strong openness and the spirit of fruitful cooperation, To strengthen the European Investment Bank loans to China to strengthen confidence. Masitade pointed out that the European Investment Bank to the airport in the capital projects in low-interest loans amounted to 500,000,000 euros, the EU is Continents of Asia's largest investment bank in the loan. The loan has been the European Investment Bank for all members of the Board of Directors, That is, the EU's 25 member states unanimously approved. These facts have fully demonstrated the EU hopes to strengthen cooperation with China Strategic partnership between China and the political will. European Investment Bank by all EU member states co-financing, is a major EU member states and the European Union Neighboring countries to provide long-term loans of international financial institutions, their loan amount up to 450 million euros, or more than The World Bank. Since 1993, the European Investment Bank has begun to Asia and Latin America countries and regions to provide loans .