EU'S New Trade Strategy Draft Announces &Nbsp; Impact On China'S Industry

The European Union has unveiled a new strategy for industrial development in the next ten years, and the media has also disclosed the European Union.

Disclosure of industrial and trade segmentation strategy

Positive for China

The EU's practice of consolidating the industry suggests that China's economic pformation should always maintain the "productive nature" of the economy.

For a long time, industry has always been the dominant industry in the European Union.

However, due to the excessive pursuit of "economic finance" by some European countries, the economy has lost the growth base of "productive", and ultimately it is difficult to extricate itself from the crisis, and those countries with strong industrial base such as Germany have achieved a strong recovery.

Therefore, the EU's new industrial development strategy emphasizes the consolidation of industrial advantages.

This warning that China's economic pformation in vigorously develop financial and other virtual industries, we must ensure that the real estate industry has an adequate economic foundation.

On the other hand, the EU will launch the ten major industrial revitalization initiatives.

By introducing the new and high technology of the European Union, we can provide good technical support for China's economic pformation.

In addition, the EU's support for free trade in the new trade strategy, as well as specific actions to strengthen EU Standardization and improve infrastructure, are more conducive to China's enterprises and products entering the EU market.

Three potential adverse effects should be vigilant

At the same time, some new EU policies have stronger protectionism and aggressiveness.

This has potential adverse effects on China's related industries and Sino EU economic and trade development, which must arouse our country's high attention and vigilance.

First, the EU's new raw material strategy may lead to more trade frictions with China.

In announcing its industrial strategy, the European Commission also put forward a new strategy for raw materials, focusing on the policy of limiting raw material exports and government subsidies.

At the same time, the draft EU trade strategy also pointed out that any country would take punitive measures to obstruct the EU's scarce raw materials or energy needed to develop its economy.

However, from the perspective of China EU economic and trade structure, the EU has many raw materials imported from China.

It can be predicted that the targeted policies of the European Union can easily lead to trade frictions between China and Europe, and even cause tension in the whole economic and diplomatic relations, because most of the raw materials are strategic resources and involve a country's economic security.

Two, the EU's means of trade protection are more and more intensified, making it easier for us to form trade barriers.

The European Union will raise the technical standards on the industrial sector, which will be a new pressure for our country.

The EU can always make use of the right to set standards to restrict and prevent our products from entering the EU market.

At the same time, the European Commission also pointed out that in the future, the EU's industrial development policy seeks to strengthen coordination at the EU level. Once EU countries strengthen their integration in industrial policy, the possibility and harm of forming trade barriers to China will also increase greatly.

In the above-mentioned strategy, the European Commission clearly stated: "the EU will take punitive measures, such as protective tariffs, to subsidize the strategic industries."

Three, the EU pressure on me to further open the market will impact domestic weak industries.

In the draft of the trade strategy, the EU pointed out that its entry into the Chinese market was faced with many obstacles, including inadequate protection of intellectual property rights, lack of pparency in the standardization system, complicated procedures for certification, and preferential access to raw materials by local manufacturers, so as to put pressure on China to further open its market access.

The EU's new trade strategy requires more equitable access to the government procurement market in developed and large emerging economies, which is considered to be China.

To this end, the EU hopes to urge China to sign the GPA, forcing China to further open the government procurement market.

Obviously, once the market access is further opened up, the weak industries in China will be severely affected by the competition of the EU's dominant industries.