ChinaEU President: future Silicon Valley is in China, looking forward to China-EU cooperation

CCTV.com: CCTV interviewed recently Luigi Gambardella, President of ChinaEU. He said that China will become the global leader in 5G, therefore China and Europe should deepen cooperation in 5G related sectors. The upcoming Two Session will provide policy guidance to boost such collaboration.

Luigi Gambardella, President of ChinaEU: in China, every single day there are 13,000 new startups, and many of these are in the field of technology. So we believe that there is a huge potentiality. If in the past and present we always look at Silicon Valley, we believe that the Silicon Valley of the future is in China. Therefore Europe should be prepared to work much more closer with China. We would like to see more exchange of younger people working together in Europe and China, sharing knowledge, and creating new companies together.

ChinaEU was established two years ago with the mission of intensifying China-EU cooperation in 5G and Internet. By exploring concrete digital projects and investments, it aims to boost exchange, mutual trust and business cooperation between the two sides in digital economy.

Luigi Gambardella told CCTV proudly that ChinaEU was among the very first organizations advocating synergy between EU’s Juncker Plan and China’s Belt and Road Initiative. Since both proposals involves basic contents regarding facilitating infrastructure construction as well as developing modern service industry, they are perfectly complementary for each other and thus can be synergized.

Luigi Gambardella, President of ChinaEU: One Belt One Road is fantastic. Because first of all, it is a dream, which will become a reality. Sometimes when people ask me, what are the differences between European and Chinese, I always say: “We European, we don’t dream anymore. The Chinese, fortunately are lucky, because they continue to dream.” It is crucial to have a dream and a vision. Secondly, it’s really fascinating because it’s an investment, which is abroad, in order to link and facilitate the connection between Europe and China.

Luigi Gambardella said the reason that he watches closely to the Chinese Two Session is because there will be many discussions on Internet economy, which will provide policy orientation for the future cooperation between Chinese and European enterprises.

Luigi Gambardella, President of ChinaEU: the meeting is very important. Because according to the result of this annual meeting, we will understand what kind of future policy China is going to have. So it is an essential moment. In particular for us there are two key areas, two hot topics– “Made in China 2025” and “Internet Plus”. I think we are at the beginning of a new revolution, which will be something quite significant, more than we saw in the past. Until now we have discussed about Internet. But “Internet Plus” is industrial Internet. I think green economy is another pillar of our future. Thanks to green economy we can create new investment, and we can have the similar affects we were discussing before about what technology can give, which is better life to the citizens.

Source: ChinaEU

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