The China-Europe trade promotion association aims to promote exchanges, cooperation and development in economy, culture, science and technology, education and other fields between China and countries along “the Belt and Road Initiative”. It will serve as a bridge between China and Europe in economic, trade, cultural and educational exchanges and personnel training, open up new prospects for friendly exchanges and cooperation across the board, and contribute to economic, trade and cultural exchanges, especially educational cooperation between the two countries.
“the Belt and Road Initiative” connectivity means connectivity across all sectors in five areas, policy communication, infrastructure connectivity, trade connectivity, financial integration and people-to-people connectivity. It cannot be achieved without the support and guidance of scientific and technological innovation. Giving full play to the leading role of science and technology innovation in connectivity building of “the Belt and Road Initiative” will not only provide important technical support for accelerating connectivity building of “the Belt and Road Initiative”, but also help elevate the level and level of science and technology innovation cooperation between China and countries along “the Belt and Road Initiative”.
Scientific and technological innovation has facilitated unimpeded trade. Scientific and technological innovation has provided important support for the trade cooperation in agriculture, forestry, animal husbandry and fishery, marine industry, clean and renewable energy, new generation information technology, biology, new energy and new materials to be carried out by countries and regions along “the Belt and Road Initiative”.
The application of scientific and technological innovations has accelerated financial integration. In terms of financing, the application of scientific and technological innovation has provided basic support for efficient currency swap, settlement and construction of regional financial risk early warning system. With the development of the “the Belt and Road Initiative”, the internationalization of RMB has been gradually deepened, and cross-border capital flow and interest rate liberalization have become important contents.
Cooperation in science, technology and innovation promotes friendly exchanges between the people. As an important part of cultural exchanges under “the Belt and Road Initiative”, it is an effective way to promote people-to-people exchanges. Through scientific and technological cooperation, to jointly enhance the capacity of scientific and technological innovation will help countries along “the Belt and Road Initiative” enhance their understanding and mutual trust with China in the course of cooperation. Through cooperation and personnel training in the field of scientific and technological innovation, the scientific and technological development level of relevant countries can be improved, and the economic and social development of these countries can be promoted, which will greatly promote the people-to-people exchanges between China and these countries.