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*TheessenceofChina-EuropeanUnioneconomicandtraderelationsiscomplementarityandmutualbenefit.In2022,China-EUtradeandeconomiccooperationremainedresilientanddynamic,andthehigh-leveldialoguessetthecourseforChina-EUtradeandeconomiccooperation.

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*ThetotalbilateraltradeingoodsbetweenChinaandtheEUwasvaluedat5,646.798billionyuan(about821.24billionU.S.dollars),up5.6percentyear-on-year.

*AlltheFrenchbossescamebackfromChinawiththecertaintythatthecountrystillhasalotofpotential,and"allofthemintendtocontinuetheirinvestmentsthere,"LeFigarowrote.

BERLIN,April8(Xinhua)--InitsEastAsiaandthePacificEconomicUpdateforApril2023,titled"RevivingGrowth,"theWorldBankforecastthattheprojectedslowdowningrowthinadvancedeconomiesmaybelargelyoffsetbysignsofrevivalinChina"seconomy.

ThiswasreflectedinthefactthatheadsofstateandchiefexecutivesofglobalcorporationshavebeenvisitingChinaoneaftertheother,unitedinthebeliefthatChinaanditsmarketarenotanoption,butaneed.

PRODUCTIVEBUSINESSTIES

TheessenceofChina-EuropeanUnion(EU)economicandtraderelationsiscomplementarityandmutualbenefit.

In2022,China-EUtradeandeconomiccooperationremainedresilientanddynamic,andthehigh-leveldialoguessetthecourseforChina-EUtradeandeconomiccooperation.ThetotalbilateraltradeingoodsbetweenChinaandtheEUwasvaluedat5,646.798billionyuan(about821.24billionU.S.dollars),up5.6percentyear-on-year.

PeoplevisittheBYDstandduringtheParisMotorShowinParis,France,Oct.18,2022.(Xinhua/GaoJing)

Germancorporationsinvestedarecord11.5billioneuros(about12.5billiondollars)inChinain2022,accordingtotheGermanEconomicInstitutereportreleasedonMarch29.ForGermanexecutives,thegrowthprospectsintheChinesesalesmarketaresimply"tooattractive."

"Formostcompanies,withdrawingfromtheChinesemarketisnotanissueatthemoment,"saidarecentstudybytheGermanAssociationofMaterialsManagement,PurchasingandLogistics,addingthatestablishingalternativesupplierstructurestotheexistingbusinessinChinaiscomplexandresource-intensive.

"WehaveenjoyedverystrongandproductiverelationshipswithlocalpartnersinChinaformanyyearsandallthecommunicationchannels.Wewouldjustliketocontinuethat,"saidOlaKaellenius,chairmanoftheBoardofManagementofMercedes-BenzGroupAG,inhislatestinterviewwithXinhua.

Lookingbackintothelast20to30years,KaelleniussaidChinahasbeenopeningupitseconomytobecomeanintegralpartoftheglobaleconomy.HeconsideredChina"sopening-upasuccessstorythatenabledChinesestart-upsandbigcompaniestogrowtheirbusinessesandfacilitatedforeigndirectinvestment,addingthatChina"sfurtheropening-upwouldlikelypromptMercedes-Benztoincreaseitsinvestments.

ThisphototakenonNov.6,2022showsanewenergyvehicleofGermanautomakerMercedes-BenzattheautomobileexhibitionareaofthefifthChinaInternationalImportExpo(CIIE)attheNationalExhibitionandConventionCenter(Shanghai)ineastChina"sShanghai.(Xinhua/JinHaoyuan)

Kaelleniussaidthatwhatshouldnothappen,however,isprotectionismbecauseifeconomicregionsfallintoprotectionism,itwillultimatelyslowdowngrowth.

"Sowewanttomakeourvoiceheardandremindeverybodythatitisopening-uparoundtheworldthathasledtoeconomicgrowth,"hesaid.

FabriceMegarbane,presidentofL"OrealNorthAsiaZoneandCEOofL"OrealChinatoldXinhuathathisgroupwasoveralloptimisticandambitiousintheshortandlongtermaboutChina.

SinceChinaoptimizeditsCOVIDresponse,"wehavealreadyseenpotentialopportunitiesinthemarketwhichmakesusevenmorebullishaboutChina"seconomicoutlookandprospects,"saidMegarbaneinarecentinterviewwithXinhua.

PhototakenonJuly26,2022showstheboothofcosmeticsgiantL"OrealintheFrenchpavilionatthesecondChinaInternationalConsumerProductsExpo(CICPE)inHaikou,southChina"sHainanProvince.(Xinhua/GuoCheng)

TheFrenchcosmeticsgiantwaspreparingforthebeautymarketrebound.FromthefirstweekofFebruary,consumertrafficandpurchaseshaverevealedpositivesignsandL"OrealexpectsaprogressivereboundfromQ2andconsumerenthusiasmtobouncebackinallcategories,saidMegarbane.

Hisboss,L"Oreal"schiefexecutiveNicolasHieronimus,whovisitedChinalastmonth,sharedhisenthusiasm.

"Activityandconsumptionaregraduallypickingup,withgoodprospectsinsight.Icamebacksuperenergizedandveryconfidentforthemarket,"HieronimustoldtheFrenchdailyLeFigaro."It"sthegroup"ssecond-largestmarketandthingsarechangingveryfastthere."

AgoodnumberofFrenchbosseshave"jumpedontheplane"toresumecontactinpersonwiththeirbusinesspartnersinChinaandreturnedwithfullconfidenceinthepotentialoftheChinesemarket,accordingtoafront-pagearticlepublishedbyLeFigaroEconomieonMonday.

FranckLebouchard,headoftheFrenchacousticengineeringcompanyDevialet,wasamongthosewhocouldn"twaittogotoChina.

NowbackinFranceafteratwo-weekstayinChinawherehemetwithsomeofthemanagersofBYD,theleadingChinesemanufacturerofelectricvehicles,LebouchardtoldtheFrenchdaily:"Wefellintoeachother"sarms,eventhoughwehadneverseeneachother."

AlltheFrenchbossescamebackfromChinawiththecertaintythatthecountrystillhasalotofpotential,LeFigarowrote,and"allofthemintendtocontinuetheirinvestmentsthere."

MORETHANBUSINESS

InGreecewherethetourismindustryaccountsforone-fourthofitsgrossdomesticproduct(GDP),Chinesepeopleholdaspecialplaceinthelocaltourismstakeholders"planningandtheheartsoflocalpeople.

ApassengerposesforaphotowithanairportmascotatAthensInternationalAirportinAthens,Greece,onDec.22,2022.(Xinhua/MariosLolos)

"WehavehistoricaltieswiththeChinesepeople.Weareallwaitingforthemwithlovefromthebottomofourhearts,truelove,tohostthem,andtoofferourservices.AlltherestaurantsareeagertoseetheChinesecomingbecausetheyaregoodcustomers,andwealllovethemverymuch,"SpirosBairaktaris,ownerofapopularrestaurantinthecenterofAthensfounded144yearsago,toldXinhua.

GreekTourismMinisterVassilisKikiliastoldXinhuainanearlierinterviewthatthereturnofChinesetouristswillcontributetotheGreektourismindustry"sgoodperformancedespitetheadversitiesofrecentyears.

"They"redeeplyinvolvedinfindingoutaboutourcultureandourcivilizationsinceinbothcountriescultureandcivilizationgomanycenturiesback.WearegettingpreparedtobeabletohavetheminGreece,"hesaid.

Aftertherelaxationoftravelrestrictions,theChinesemarketwillbeagainoneofthefastestdevelopingmarketsforGreece,IoannaPapadopoulou,directorofcommunicationsandmarketingoftheAthensInternationalAirport(AIA),toldXinhua.

ThedirectflightbetweenAthensandBeijingcommencedin2017.Injusttwoyears,ithelpedtodoublethenumberofChinesearrivalsattheAthensInternationalAirport,from108,613toover217,600in2019.ThelaunchofthedirectairlinkbetweentheGreekcapitalandShanghaionDec.22,2022,inadditiontotheAthens-Beijingline,isaverygoodstartfor2023,shesaid.

"WearereadytowelcomeourChinesetravelersbackagain,whichwehavetremendouslymissedallthesethreeyearsofthepandemic,"shesaid.

Italy,oneofthemostvisiteddestinationsamongChinesetravelers,isexpectingmoreofthem.

PeoplewalkpasttouristinformationinvariouslanguagesincludingChineseneartheColosseuminRome,Italy,onMarch26,2023.(Xinhua/JinMamengni)

CristianoVarotti,chiefrepresentativeoftheItalianNationalTouristBoardinChina,consideredSicilyandtheislands,skiresortsintheAlps,andsomesmalltownsasthenewattractionsforChinesetravelers.ManyChinesetravelagenciesarefocusedonprovidingtheirclientswithhigher-leveltravelplansthatsatisfytheirmoresophisticatedneeds,Varottisaid.

In2019,Chinawasthe11thmarketforItalyintermsoftotalinternationalarrivals.Thereisgreatroomforgrowth,evenconcerningthecompositionofChinesetourists"spendingabroad,asitisamarketthathasyettorevealitsfullpotential,hesaid.

"WeplanaroadshowinChinainthecomingmonthstomeetChinesecompaniesinpersonandmakeourselvesavailabletothem,"Varottisaid.(Videoreporters:ShanWeiyi,LiuFang,KangYi,RenKe,DuZheyu,YuShuaishuai,GuoWendi,GuoYuqi,LiangXizhi,SunQing,YouZhixin,NeilStokes.Videoeditors:ZhouYang,LiQin)