China-Switzerland Business Dialog held in Zurich

Leading business representatives from China and Switzerland expressed their hope of expanding trade ties and free market on Wednesday at the China-Switzerland Business Dialog and Second China International Supply Chain Expo roadshow.

The roadshow in Zurich was held in the run-up to the Second China International Supply Chain Expo that will be held in November in Beijing.

Lin Shunjie, Chairman of China International Exhibition Center Group, said Chinese enterprises make their decisions totally based on the market and have withstood fierce domestic competition. Those who survived market competition is a good example of globalization.

"We can see clearly that the capacity for production and the capacity of R and D in China is very market oriented. These companies they compete each other, they don't only compete with foreign companies, but they compete with each other in China. And they grow up from very fierce, fierce competition. They got capital, they got investments, internationally and ironically mostly from the United States, I would say. So I think it's a result, it's an outcome, very good outcomes of globalization," said Lin.

Lin urged EU policymakers to adopt a broader perspective and embrace future-oriented policies rather than short-sighted measures that may hinder international cooperation.

"I think the policymakers in the EU, they should think about that. They should look into the bigger picture. And they should look into the future. Not only you know, think about the short-sight policies, short-sight measures to close the door. It is not wise to close the door," said Lin.

A Swiss representative echoed Lin's ideas and expressed his confidence in international cooperation and an open market in future.

"Finally I think we should work together as well. I think China is as well interested in a win-win situation, and is as well interested to sell their products abroad. It will be solved as a normal thing. It will be solved," said Hans Uhlmann, General Manager of Felt Planungs AG.

China-Switzerland Business Dialog held in Zurich

China-Switzerland Business Dialog held in Zurich

China-Switzerland Business Dialog held in Zurich

Chinese Foreign Minister Wang Yi attended a commemorative luncheon on the 70th Anniversary of the Five Principles of Peaceful Coexistence and delivered a speech in Beijing on Friday.

Wang, also a member of the Political Bureau of the Communist Party of China (CPC) Central Committee, said Chinese President Xi Jinping's important speech at the Conference Marking the 70th Anniversary of the Five Principles of Peaceful Coexistence has profound significance for drawing historic wisdom from the Five Principles and pooling consensus and synergy in tackling global challenges.

At a historic juncture of today's world, President Xi proposed the major vision of Building a Community with a Shared Future for Mankind, which is the most effective move to sustain, promote and upgrade the Five Principles of Peaceful Coexistence under the new circumstances, Wang said, noting that both the Five Principles and Xi's vision are innovative explorations on state-to-state relations.

Participants at the commemorative event stated that the vision of Building a Community with a Shared Future for Mankind proposed by President Xi Jinping is a development, innovation and upgrade of the Five Principles of Peaceful Coexistence, and the new measures for supporting Global South cooperation announced by Xi will add strong driving force for the promotion of solidarity and development of developing countries.

Initially put forth by then Chinese Premier Zhou Enlai seven decades ago, the Five Principles of Peaceful Coexistence are "mutual respect for sovereignty and territorial integrity, mutual non-aggression, mutual non-interference in each other's internal affairs, equality and mutual benefit, and peaceful coexistence" .

Over the past seven decades, they have been widely accepted and recognized by countries across the world and have become basic norms governing international relations and fundamental principles of international law.

Chinese FM attends commemorative luncheon on 70th anniversary of Five Principles of Peaceful Coexistence