Environmental solutions, hi-tech to lead future trade
The future of China-Finland business ties will be based on trade in environmental solutions as well as investment in high-tech manufacturing, multimodel logistics and telecommunication services, said officials and company heads from both countries.
Yin Zonghua, vice-chairman of the China Council for the Promotion of International Trade, said that even though the global economic setting has been affected by such challenges as trade protectionism and Brexit, the degree of interdependence between China and Finland remains stable in bilateral trade.
"China will continue to export consumer goods in exchange for Finland's high-tech products such as electronic products, water treatment equipment and machinery parts," said Yin. "Most of their imports are complementary. Therefore, it isn't direct competition."