Apparently the EU Digital Single Market passes necessarily from China’s Digital Silk Road

China-Europe Investment & Connectivity Cooperation Forum_

The discourse was moderated by and old fox in Europe’s telco lobbying, Mr Luigi Gambardella, founder and President of ChinaEU. A prominent place in the panel was taken by H.E. Mark Markkula, President of Committee of the Regions. In addition, the EU was represented by Mrs Anna Krzyzanowska, Head of Unit, DG Connect at the European Commission. Finally, the Chinese ICT sector could not have been absent from this fruitful discussion and thus Mr Victor Zhang, President of the European Public Affairs and Communications Department of Huawei Technologies and Mr Xiao Ming, President of ZTE European Region also took an important seat at the meeting.

The Road of the EU digital growth agenda paradoxically seems to necessarily pass from Beijing. This was the key take-away that came out from the third panel discussion during the China-Europe Investment & Connectivity Cooperation Forum. This one day conference took place last Monday 09 November at the Committee of Regions in Brussels.

“Digital economy and E-commerce: The Digital Silk Road & Digital Union” was the title of the third panel of the comprehensive Forum, certainly one of the most important and stimulating panel discussions made during that day. The discourse was moderated by an old fox in Europe’s EU telco lobbying, Mr Luigi Gambardella, founder and President of ChinaEU. A prominent place in the panel was taken by H.E. Markku Markkula, President of Committee of the Regions. In addition, the EU was represented by Mrs Anna Krzyzanowska, Head of Unit, DG Connect at the European Commission. Finally, the Chinese ICT sector could not have been absent from this fruitful discussion and thus Mr Victor Zhang, President of the European Public Affairs and Communications Department of Huawei Technologies and Mr Xiao Ming, President of ZTE European Region also took an important seat at this digital meeting.

The “digital” Committee of Regions

At the beginning President Markkula rushed to set immediately from the beginning the hottest agenda topics of the panel, which would be the contribution of the ICT agenda, and its relation to the Chinese factor, to Juncker’s Investment plan. Particularly, 5G was indicated by him as an area of major constructive cooperation between China and EU. Further, as the role of President Markkula is inherently intertwined with the cooperation of the European regions, he stressed how digitalisation is a key enabler for infrastructure in cities. He also explained how the smooth integration of strong high tech companies in the urban planning and management is able to sustain regional growth.

Learning from EU best practices is the key way to move forward according to Mr Markkula. The President of the European Regions aspires a creative synergy triangle between technology, society and urbanisation. Also, he did not omit to touch how he sets as priority for the modern urban ecosystem to be environmentally sustainable and also underscored that China with its recent green initiatives is able to provide added value to that in a positive way. With reference to the exponential Chinese urban growth, President Markkula said that the city of Hangzhou has a 500 thousand population increase per year. Soon the hot topic of 5G came to the forefront of the conversation and the Finnish politician said that digital connectivity should be one of the best investment destinations in the EU to “increase jobs and sustainable growth”. 5G for Mr Markkula is nonetheless a core asset in the EU Digital Single Union project that Juncker’s Commission strives to realise by the end of its mandate.

Digital Single Market passes from Beijing

Following the head of the Committee of Regions, it was time for the Commission to channel to the curious audience the position where the EU truly stands in the China-EU “digital” cooperation. Mrs Anna Krzyzanowska, Head of DG Connect began by showing her sheer admiration on the budget of the One belt One road investment strategy which reaches a total of 90 trillion dollars along the way. Moreover, she explained that Industry 4.0, the big European project for the “digital re-industrialisation” of the continent, faces two main issues currently. First, it engulfs rather small projects and thus receives small investment. Second, the competition of the traditional sectors and industry in the EU is tremendous and fierce. As the moderator added, Mr Gambardella, “there is a risk that digital will not take a big part of Juncker’s plan”.

Moreover Mrs Krzyzanowska highlighted later that digital commerce is a top priority for DG Connect currently as it aims to maximise positive impact on businesses and ideas. The EU is currently indeed looking into ways to truly dismantle digital barriers in the EU by deploying its promising Digital Single Market plan. The European bureaucrat appeared firm that the digital disruption that is taking place right at this moment in the EU will create opportunities for all. Particularly on 5G the Polish official of the European Commission pointed out that the degree of access to 5G depends on the following 6 factors: 5G standardisation process and protocols, the access to markets, the agility of the communications as distance will not matter any more, the benefits and values of the 5G projects as well as the risk assessment entailed.In addition, Mrs Krzyzanowska underlined that the digital single market is on a very good path where trust and reciprocity are well applied.

Furthermore, according to her, the DSM (Digital Single Market) has 3 pillars. First of all it is the access to online goods and services, e-commerce and enjoyment of content. Second, in DSM the ecosystem for digital network is interoperable, which means that operation in multiple countries is possible; there is a lot to do, according to Mrs Krzyzanowska, as regards the development of the networks. She emphatically stated that “nothing will happen without solid network of high speed download and upload network”.

The third pillar of the European Digital Single Market, according to the Head of DG connect is related to the growth potential of the EU/China digital synergy. If this top level official of DG connect devoted one pillar of the European DSM on the China-EU synergy, then it means that Europe is actively looking into ways to build European “digital shortcuts” on the One Belt One Road of China. Finally, it was well anticipated that the Polish eurocrat would refer to the regulatory framework of the market. Obviously, Mrs Krzyzanowska confirmed that the regulation of the digital infrastructure and platforms is of vital importance to the smooth transition to the Digital Single Market. That, as she maintained in her speech, definitely includes geo-blocking, as well as copy-right rules and framework.

Huawei’s vision

Towards the end of the panel discussion the time for the Chinese industry had come. Victor Zhang, President of European Public Affairs and Communications Department at Huawei Technologies supported that it is a necessity these days that old industries are transformed effectively into digital businesses. He informed the audience that during 2016-2020 Huawei will be investing some 100 million euros on research and innovation. He also added that almost 2000 people are employed in the EU within Huawei and thus the company is providing a great deal to the European economy. What is more, the Chinese businessman discussed how 5G is a leading project for the ICT markets in Europe and globally. At the end Mr Zhang referred to a few traditional industries that are now adopting ICT technologies to develop better products and services. The examples from the automotive sector where it is possible to have driverless cars or enhance the communication of the driver with the car or the world (wifi on board) undeniably helped the President of Huawei to make his clear case.

ZTE’s position

Last, but certainly not least, Mr Xiao Ming, President of ZTE Europe region reaffirmed the position of the second biggest Chinese ICT company as a key investor in the European ICT sector. Mr Ming went on describing the hard figure of 1000 local ZTE employees in Germany that provide added value to the company’s global turnover.  What is more, Mr Ming continued discussing how ZTE has sophisticated solutions for smart urban development that endorse substantially the smart city development in the EU. ZTE aspires to simplify the process of urban communication and infrastructure. Towards the end the President of ZTE underscored that this grand Chinese company supports strongly Juncker’s plan when it comes to broadband connectivity and is willing to do much more in that direction. Finally, Mr Ming appeared confident that the China-EU Research and Development cooperation will effectively determine Europe’s common digital future, “against main common competition like the US”.

All EU Digital roads pass from Beijing

All in all, the second panel brought a comprehensive outlook on the China-EU digital ties that hold strong and uncover fruitful synergies that will speed up the Industry 4.0 ambitious project of the EU. At the same time the commitment of the European side to substantially push forward  this “digital silk road” is bound to enable major Chinese investment funds in the European Union that seek for growth and sustainable expansion.

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Featured Stings

Stopping antimicrobial resistance would cost just USD 2 per person a year

Why European manufacturing SMEs in the South face fatal dangers

Will ECB win against low inflation by not following Quantitave Easing?

For the future of Europe youth remains a priority

Activist investors are more powerful than ever. Here’s what that means for the economy

COP21 Business update: Companies urge now for carbon pricing as coal is still a big issue

Close to final agreement on the EU Banking Union

Berlin wants to break South’s politico-economic standing

Ahead of State of the Union the European Youth Forum highlights lack of action on youth employment

Inflation keeps falling in Eurozone

A Year in China

Darfur: Inter-communal tensions still high despite improved security, Mission head tells Security Council

Cheap sea transport with low cost seafarers

The US reject EU proposal for prudential financial controls

After swallowing effortlessly the right to be forgotten time for Google Ads now to behave

As many as 330,000 displaced by heavy fighting in south-west Syria – UN agency

OECD sees global growth moderating as uncertainties intensify

These are the world’s most competitive economies

Discussion at Europe House: Brexit & Food

European Young Innovators Forum @ European Business Summit 2014: Europe for StartUps, vision 2020

IMF: European banks do not perform their duty to real economy

A Sting Exclusive: “Regional Policy: a fully-fledged investment policy”, Commissioner Cretu reveals live from European Business Summit 2015

Changing for the change: Medicine in Industry 4.0

New EU rules ensure better protection for 120 million holidaymakers this summer

Italian electoral results to change Eurozone climate and weight on the Cyprus issue

MWC 2016 LIVE: GTI shifts to phase two – 5G – after hitting milestones

Draghi repels Trump’s threats, rejects Schauble’s dictums

Walk, cycle, dance and play – UN health agency recommends new action plan for good health

Berlin’s governing elite leads Eurozone to recession to win the September election in Germany

Here’s how to find a job you really love

German egotistic inward turn to badly hurt Europe after Merkel’s exit

Commission’s Youth Initiative fails first hurdle by not sufficiently consulting young people

Galileo and EGNOS programmes back in orbit powered with €70 billion

Why CEOs need to become activists in sustainability

UN condemns attack that leaves one ‘blue helmet’ dead in Central African Republic

Venezuela: Parliament calls for urgent EU help for people fleeing the country

Crimea, a wicked game of political chess and a ‘big’ coincidence

European Union disenchanted with Turkey

ICC Appeals Chamber acquits former Congolese Vice President Bemba from war crimes charges

Scotland in United Kingdom: It’s either the end or the beginning of the end

Disintegrating Tories will void May’s pledge for Brexit deal in seven weeks

JADE Spring Conference 2018 is on its way: Young entrepreneurs gather in Brussels to shape Europe

Commission hardens its stance against carmakers ensuring emissions reductions targets

Can the EU really make Google and Facebook pay publishers and media?

Theresa May attempts to ease the EU stance as Britons request another EU referendum

A new bioeconomy strategy for a sustainable Europe

Can elections in Italy and Germany derail Eurozone?

A sterilised EMU may lead to a break up of Eurozone

UN experts cite ‘possible exploitation’ of workers hired to clean up toxic Japanese nuclear plant

New round of bargaining for the 2014 EU budget late in autumn

The Commission tries to stop the ‘party’ with the structural funds

JADE Generations Club 2015: Knowledge vs. competences – Do not wait for the change to happen, but make it happen

European Solidarity Corps: Commission opens new call for project proposals

Predicting two more years of economic stagnation

Commission presents EU-Vietnam trade and investment agreements for signature and conclusion

Eurogroup: IMF proposes Germany disposes

Why the World Cup is a bit like international trade

Christine Lagarde: This is what we can still learn from the Great War

Brexit and migration dominates the debate on October’s EU summit

China Unlimited: the dragon’s long and winding road

Parliament votes for €1 billion in aid to Ukraine

More Stings?

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s