"Hamburg Summit: China Meets Europe" - Documentation 2004

8/4/2019 "Hamburg Summit: China Meets Europe" - Documentation 2004

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THE HAMBURG SUMMITChina meets Europe


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Summit Initiator

Sponsors

Platinum Partners

Gold Partners

Supporting Partners

Strategic Media Partner

Official Media Partners

Academic Partners

Summit Partner

2 THE HAMBURG SUMMIT


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THE HAMBURG SUMMIT 3

Welcome Address4/5

Conference Chairman:Agenda for a Brighter Future

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Background:Faces, Facts and Figures

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Helmut Schmidt:Chinas Role in the World

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Zeng Peiyan: Chinas New Leaders12/13

Lee Kuan Yew: Chinas Future14/15

Financial Market: The Challenge Ahead16/17

Energy: Bottleneck for Progress18/19

China 2010: At Breakneck Speed20/21

Market Trends:22/23Economy on the Move24/25

Robert A. Mundell:The China-Europe Agenda

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The Summits Speakers27

Media Coverage:Echoes of the Summit

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Gala Dinner: A Festive Setting30/31

Looking Forward

32/33Art of Illumination:A True Blue Hamburg Summit

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20The Look Ahead

Views and debates onChinas developmentuntil 2010

12A New Leader

Chinas Vice Premier ZengPeiyans economical andpolitical vision

10The Friendly Observer

Elder Statesman HelmutSchmidt on Chinas rolein todays world

26Trade Without Barriers

Nobel Laureate Robert Mundellpostulated a free trade zonebetween China and the EU

30Celebrating the Dialogue

At nightfall the summitrecongregated in a festivesetting

Table of Contents

Imprint:HAMBURG CHAMBER OF COMMERCEInternational Department Jens AssmannAdolphsplatz 1 20457 Hamburg GermanyPhone: +49 40 361 38 -287 Fax: +49 40 361 38 -494E-Mail: [email protected] www.hamburg-summit.com

Design: zwei:c werbeagentur GmbH, HamburgChinese Translation and Type Setting:

Dr. Boesken & Partner GmbH, HamburgText: R. Hupe / Photos: R. MaguniaCirculation: 1.500 copies

@ Selected speeches are available at www.hamburg-summit.com


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It was an honour and a pleasure for us to welcome such a

large, international contingent of high-calibre individuals

from business, politics, academia and the media to the

"Hamburg Summit. No other Sino-European conference has

ever attracted so many high-ranking Chinese officials, entrepre-

neurs and scientists to Europe. Hamburg boasts the highest num-

ber of Chinese branch offices in Europe, making it the EUs most

important centre for China-related business. For the Chinesecompanies which have settled here and for the thousands of

others with business interests in this part of the world, our city

has become the preferred gateway to the European market.

More than 700 Hamburg-based companies maintain permanent

business relations with China. The Peoples Republic and the

European Union are moving closer and closer together all the

time - for reasons that extend well beyond the world of business.Because of these very positive developments, Hamburg is well-

placed to serve as both a Sino-European trading hub and a forum

for international leaders who have a strong interest in fostering

long-term Sino-European relations.

Even the best short-term partnership will never be more than alove affair. A truly profitable business relationship is more like a

good marriage. It is long-lasting and based on mutual trust. The

experts agree that the most successful marriages are those in

which the married couple never stops talking about all the

important things in life. And that is why we chose "The power of

partnership as the guiding theme for all panel discussions,

workshops and presentations at this summit.

Karl-Joachim Dreyer, President,Hamburg Chamber of Commerce

We need more than love affairs in business; We are in need of a good marriage

Welcome Address Platform for Sino-European Relationship


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Due to the joint efforts of both China and Germany, the

first Hamburg Summit was a great success. Those attending

felt that strengthening communication and understanding

between both sides is essential, and the summit should be

a bridge to a new level of Sino-European cooperation. I was pleased

to learn that preparations for the second Hamburg Summit in autumn

2006 are already underway. I hope that the summit will continue to

improve as it unfolds in the future.

Historically, Sino-European relationships have never been more active

nor yielded greater achievements than at present. The European Union

is Chinas largest trading partner, and China is Europes second largest.

In many areas, such as of politics, culture, science and technology,

cooperation continues to grow. We are all very pleased about thisdevelopment. Currently Chinese society is stable, there is well sustain-

ed economic growth, and every effort is being made to ensure that

we establish a wealthy and happy society. The European Union is also

striving to grow and play a greater role in the international arena.

Both China and the European Union seek to maintain world peace

and are major powers in the encouragement of shared development.

The development of Sino-European relations not only satisfies the

trends towards globalisation and global multi-polarity, but also en-sures shared benefits for both sides. We are therefore extremely con-

fident about the future of Sino-European relations. Since the 18th cen-

tury, when commercial links with Chinese coastal cities commenced,

the beautiful port city of Hamburg has been a commercial window

and the hub of the trade between China and Germany. It is our hope

that by hosting the Sino-European Summit Hamburg will continue to

play a major role in the development of Chinese-German relations.

A New Level of Cooperation Welcome Address

Ma Canrong,Ambassador, Peoples Republic of China

Communication and understandig is essential


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Karl-Joachim Dreyer, Nikolaus W. Sches,Zeng Peiyan and Ole von Beust (left to right)


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10 |9 |8 |7 |6 |

6 | Jrgen Fitschen, Member of the GroupExecutive Committee,Deutsche Bank,Federal Republic of Germany

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7 | Liu Yong-hao, Chairman,New Hope Group,

Peoples Republic of China7 |

8 | Andreas Kreimeyer, Member of theBoard of Executive Directors, BASF,Federal Republic of Germany

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9 | Fred Hu, Managing Director,Goldman Sachs Asia, Hong Kong

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10 | Bernd Leissner, President,Volkswagen Group China,Peoples Republic of China

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Klaus Ebermann and Mei Zhaorong in conversationwith Helmut Schmidt (left to right)

Capt. Wei Jiafu handed the first China-EuropeFriendship Award to Helmut Schmidt


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Zeng Peiyan bids the Hamburg Summit farewell


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Simultaneous translation was availablethroughout the entire Summit


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Xu Xiaonian discussed the impact of anageing population on the financial sector

Jrgen Fitschen sees the need to stabilisegrowth through domestic consumption


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Peter Cornelius predicted an increasingimportance of gas

Eckhard Rohkamm discussed thecarbon dioxide problem

Jean-Christophe Iseux sees energy as alimiting factor for economic growth


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According to Liu Yong-hao,40 million university graduates will enterthe Chinese labour market

Thomas Straubhaarmoderated the power talk


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Andreas Kreimeyer, BASF, sees excellent businessopportunities for European-owned companies in China


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The China-Europe Agenda

Cooperation on global business fosters closer relations

China and Europe should respect each others interests

Robert A. Mundell

The presentation by Nobel laureate Robert Mundell ranks as one

of the events closing highlights. At 72 years of age, Mundell still

ranks among the worlds most ingenious economists and long-

term thinkers, some of his well-researched forecasts reaching as

far ahead as the year 2060. Mundell provided a vivid account of the

overwhelming success of Chinas economic policy, the "Competitive

Shock as he called it, over the last 26 years.

Today, China is the worlds largest steel producer, can boast a six percent

market share of the worlds total exports, accounts for 50 percent of glo-

bal camera production, and its Renminbi is the worlds fourth most

important currency. Although many financial analysts suggest that China

should extend its currency margins, Mundell feels this would be a big

mistake. In his view, China would stand to lose more than it would gain.

A substantial appreciation in the value of the Renminbi would suppress

Chinas economic growth and increase unemployment, both of which

could potentially destabilise the entire South-East Asian region.

Consequently, Mundell predicted that China will focus more on the

Renminbis convertibility than on exchange rates. Showing mutual respect

for each others interests is a vital ingredient in maintaining and further

developing Sino-European trade relations, Mundell said. Additional impe-

tus could be provided by the creation of a free trade zone and by facili-

tating more direct investment - in both directions. Closer cooperation on

global issues would also help to further deepen ties between the two

regions. Mundell estimated that, if Chinas economy is able to maintain

the momentum it has shown over the last 26 years, it will overtake Japan

by 2030, and the EU by 2060.


Robert A. Mundell warned of a substantialRenminbi appreciation


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AP

ARD

Beijing Daily

Bild

China Youth Daily

Die Welt

Deutsche Welle

Deutschlandfunk

Die Zeit

Dow Jones

dpa

Far Eastern Economic Review

Frankfurter Rundschau

Hamburg 1

Hamburger Abendblatt

Hamburger Morgenpost

Handelsblatt

NDR

Manager Magazin

Peoples Daily

Sat 1

Sddeutsche Zeitung

Spiegel

taz

The Wall Street Journal Europe

Wirtschaftswoche

Xinhuan News Agency Germany

ZDF

Media Coverage Echoes of the Summit



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Eckhard Rohkamm presented the China-Europe SustainabilityAward to ZhangYue


Gala Dinner at the KempinskiHotel Atlantic

Acrobats of the Cirque du Soleil were painted in Chinas Red and Europes Blue

L i i d E i H I


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The Hamburg Chamber of Commerce will be hosting the second "Hamburg Summit in autumn 2006

Logistic and Environment are Hot IssuesLooking Forward

Nikolaus W. Sches, Conference Chairman

When the Finnish Export Promotion Office for Germany

was opened in Hamburg a few years ago, its director had

a deceptively simple explanation to offer for Finlands

decision to locate here: "We just had to go where the

trade is! For the same reason, top-level people from twelve countries

made the journey to Hamburg, "Europes focal point for trade with

China, to discuss a wide range of political and economic issues at the

aptly-named Hamburg Summit this year.

In summing up the Summits results, I would like to stress the following

points in particular:

Chinas further integration into global politics and into the global

economy is inevitable. The European Union should view the Peoples

Republic as a strategic partner and facilitate the process of forging

a relationship among equals.

China is definitely a must for most European companies. In fact, for

those of our companies which face growing competition from

China, seeking partnerships with their counterparts in the Peoples

Republic could be a question of survival.

The European Union should support the Chinese government in its

endeavours to reform its economy and establish a stable society.

The first "Hamburg Summit: China meets Europe was a remarkable

success as far as the number and quality of both speakers and delegates

was concerned. Our Chamber of Commerce will therefore be hosting the

next "Hamburg Summit in September 2006. And since logistic and

environment are already "hot issues for Chinese-European business today,

and destined to become even more important in the future, we have cho-

sen these particular subject matters as the key topics for next years event.

S h i O L i i l Ti


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Looking Forward

Last year we all witnessed the great progress of Sino-European

economic and trade relations, with high ranking officials from both

sides paying fruitful visits to each other. The successful organization

of the Hamburg Summit last November was a very good example of

our successful cooperation. In this event with the main theme 'The power

of partnership between China and Europe', the China Federation of

Industrial Economics (CFIE) and the Hamburg Chamber of Commerce have

joined hands to encourage a closer bilateral relationship. It gave me great

honour to lead the delegation, to attend the conference and to meet with

so many European counterparts.

As an important part of the whole economy, the logistics and transpor-

tation industries are closely linked with international trade development.

Take shipping for example. Over 80 percent of cargo trade in the world is

transported by ocean-going ships. In this sense, it would be another

humble step towards strengthening Sino-European economic and trade

ties to take a closer look at logistics and transportation in the next

Hamburg Summit in 2006.

The China-Europe shipping trade, one of the largest in size in the world,

is presently among the fastest growing shipping markets. Logistics

and transportation companies from both China and Europe will benefit

from this growth. However, they will also try their best to serve the

customers from both sides.

In the future, CFIE will continue to cooperate with our counterparts

in Germany and other European nations. We will continue to render

our support to the next Hamburg Summit in 2006 to make it an

even greater success.

We have to take a closer look at logistics and transportation

Strengthening Our Logistical Ties

Capt. Wei Jiafu, Group President and CEO, COSCO

A T Bl H b S it


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3 |

A True Blue Hamburg Summit

Not only Hamburgs City Hall (1) was brightly illuminated on the occasion of the Hamburg Summit; the other two conference locations and the headquarters

of a major sponsor were also lit up bright blue during the conference days: the Hamburg Chamber of Commerce (2), the Kempinski Hotel Atlantic (3), and

the HSH Nordbank (4). The lighting project was intended to provide a suitably dignified and notable backdrop for the "most important international summit

on the future of Sino-European relations. Funded by HSH Nordbank, Hamburg-based lighting artist Michael Batz had 1,000 lights strategically mounted to

the four buildings. As a result, the top-level symposium, quite literally, moved the Free and Hanseatic City of Hamburg into the spotlight. Batzs technicians perform-

ed almost artistical feats, especially when affixing the 300 flashing lights that transformed Hamburgs City Hall tower into a spectacular, glittering crown. Michael

Batzs intention was to both visually highlight the most important locations of the Hamburg Summit and create a festive atmosphere, in keeping with the enormous

significance of the conference to Hamburg and Sino-European relations. Batz: "Not least, we simply wanted to welcome and pay special homage to our distinguished

guests. And we hope that our efforts helped them acquire a taste for our beautiful city.

Art Of Illumination

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4 |


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This DVD has been checked thoroughly for viruses and

duplicated under strict quality control. However the

Hamburg Chamber of Commerce will accept no respon-

sibility for any damage or loss resulting in whatever way

from the use or misuse of this DVD. The film and images

on this disc are copyright protected by national and

international law and intended for inhouse viewing only.


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THE HAMBURG SUMMITChina meets Europe

"Hamburg Summit: China Meets Europe" - Documentation 2004

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