European Business Groups' Support For Britain'S Continued EU Membership

The chairman of the Business Federation of Germany, France, Spain and Holland and the director of the European Business Federation (BusinessEurope) representing 34 European enterprises will meet with the British Prime Minister.

European business groups will join the British Prime Minister and the British Industrial and Commercial Association (CBI) camp, indicating that the membership of the European Union has a decisive influence on attracting and maintaining foreign investment in the UK.

Markus Kerber, director general of the BDI, points out that nearly 9% of the UK's foreign direct investment (FDI) comes from Germany, and if Britain withdraws from the EU, it will lead to Germany.

Even more cautious, German companies may even postpone or reduce investment in response to uncertainty.

British think-tank Open Europe targets Britain

The following three key areas: trade, immigration and laws and regulations.

British Labour Party member and Gisela Stuart, chairman of Vote Leave, will continue to lobby voters at the same time. If Britain continues to remain unchanged, the EU will face substantial risks.

The largest employer organization, Terry Scuoler, chief executive of the British Engineering employers Union (EEF), believes that the UK will cause significant decline in foreign investment, which will also affect the UK job market, losing at least 1 million jobs and eventually facing a severe recession.

Related links:

The scope of China's exports extends widely, including developed economies such as Europe and the United States, and emerging economies.

There is a view that the US economic recovery will benefit our exports, but industry experts believe that global demand is still in the doldrums, influenced by factors such as the rise of global protectionism and exclusionary regionalization, together with the political and war factors of some emerging economies.

At the same time, the rising labor costs and increasingly fierce competition in the industry also bring multiple burdens to enterprises.

China's foreign trade recovery is difficult under the "internal and external troubles".

"Labor costs account for more than 20% of our profits, and we can't afford to use them."

A person in charge of a household electrical appliance enterprise in Ningbo told reporters that "wages are rising year after year. Pension, medical care and other insurance must be bought for workers. This part of the burden is heavy."

There are not many minority entrepreneurs who share the same view. More than half of the nearly thirty enterprises interviewed by the Canton Fair have expressed the pressure of rising labor costs.

Moreover, most enterprises are faced with the problem of recruiting difficulties more or less.

Zhuang Rui said that China's foreign trade is undergoing a pformation period of optimization and upgrading. The old advantages such as demographic dividend are losing, and new advantages have not yet been cultivated. At this time, enterprises are rather sad.

Zhang Yansheng, the Secretary General of the national development and Reform Commission's academic committee, said in an interview: "the Chinese economy is moving towards a new normal.

Over the past 35 years, the share of processing trade has decreased from 55% in 2005 to 35% last year, and the next step will continue to decline.

In ten years, 20 points were dropped, and structural changes were obvious.

That is to say, the golden age of China's participation in international division of labor with low cost elements is over.

In the process of China's foreign trade pformation, the influence of external environment can not be ignored.

Shen Danyang said that the export situation of the world's 32 main economies in the first two months showed that there had been varying degrees of decline from the published foreign trade data.

For example, the United States dropped 7.4%, Germany dropped 3.1%, Japan fell 7.1%, Korea dropped 15.7%, Taiwan dropped 12.4%, Canada dropped 9.8%, Brazil dropped 4.7%, India dropped 9.8%.

Whether developed or emerging economies, both the Asia Pacific region and Europe and the United States, foreign trade data are going down.