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Norwegian PM elaborates on partnership with EU

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      China

      China

      Norwegian PM elaborates on partnership with EU

      2024-09-14 14:27 Last Updated At:19:07

      Norwegian Prime Minister Jonas Gahr Store, in an interview with China Media Group (CMG), elaborated on why he called his country "an insider on the outside" of the European Union (EU).

      Store was speaking with the CMG on a high-speed train from Beijing to Shanghai on Tuesday, part of his three-day official visit to China.

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      Norwegian PM elaborates on partnership with EU

      Norwegian PM elaborates on partnership with EU

      Norwegian PM elaborates on partnership with EU

      Norwegian PM elaborates on partnership with EU

      Norwegian PM elaborates on partnership with EU

      Norwegian PM elaborates on partnership with EU

      Norwegian PM elaborates on partnership with EU

      Norwegian PM elaborates on partnership with EU

      Norwegian PM elaborates on partnership with EU

      Norwegian PM elaborates on partnership with EU

      Norwegian PM elaborates on partnership with EU

      Norwegian PM elaborates on partnership with EU

      "We've had two referendums about joining the European Union and both ended up 52 to 48 against and that we have to respect. But you know, most of our trade is with the European Union. So it's in my interest to have a good relationship, a trusted relationship, and in that sense, to be on the inside. And then, beyond this market, you know, these are our neighbors, Nordic neighbors - Sweden, Finland and Denmark. These are our European partners. So on a number of other issues linked to security and research and all the other issues beyond trade, these are our closest friends. So that's why I say, you know, I'm very much on the inside, although I'm a member from the outside," he said.

      Norway, as a member state of the European Economic Area, was the EU's sixth most important partner for trade in goods in 2023, with exports to the bloc reaching 119.2 billion euros and imports amounting to 61.7 billion euros.

      Norway is the biggest exporter of fish and aquaculture products to the EU.

      Norwegian PM elaborates on partnership with EU

      Norwegian PM elaborates on partnership with EU

      Norwegian PM elaborates on partnership with EU

      Norwegian PM elaborates on partnership with EU

      Norwegian PM elaborates on partnership with EU

      Norwegian PM elaborates on partnership with EU

      Norwegian PM elaborates on partnership with EU

      Norwegian PM elaborates on partnership with EU

      Norwegian PM elaborates on partnership with EU

      Norwegian PM elaborates on partnership with EU

      Norwegian PM elaborates on partnership with EU

      Norwegian PM elaborates on partnership with EU

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      Transformation, upgrading of China's manufacturing investment accelerates in 2024

      2025-01-20 22:37 Last Updated At:23:07

      China in 2024 saw a faster transformation and upgrading of investment in manufacturing industry, a strong growth of investment in high-tech industries, and a rebound of investment in infrastructure construction, according to the latest data released by the National Bureau of Statistics on Saturday.

      The investment in manufacturing industry grew by 9.2 percent compared to the previous year, or six percentage points higher than the growth rate of overall investment. In particular, investment in technological upgrades of manufacturing industry increased by eight percent, or 4.8 percentage points higher than overall investment growth.

      Private investment in manufacturing grew by 10.8 percent, driving up overall private investment by 5.3 percentage points.

      The structure of investment continued to optimize. Investment in high-tech industries rose eight percent compared to the previous year, which was 4.8 percentage points higher than the growth rate of overall investment. In particular, investment in high-tech manufacturing grew by seven percent, and that in high-tech service industry grew by 10.2 percent. Investments related to high-tech industries, such as aerospace equipment manufacturing and professional technical services, increased by more than 30 percent.

      In 2025, China plans to moderately increase central government budgetary investments, issue ultra-long-term special treasury bonds and local government special bonds, and enhance efforts to support projects for implementing major national strategies and building security capacity in key areas, as well as implementation of large-scale equipment upgrades and consumer goods trade-in programs, with the aim of stimulating private investment activity through various measures, effectively leveraging government investment to drive social investment, improving investment efficiency, and promoting steady growth in investments.

      Transformation, upgrading of China's manufacturing investment accelerates in 2024

      Transformation, upgrading of China's manufacturing investment accelerates in 2024

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