On November 6, the Ministry of Commerce and the Austrian Federal Ministry of Economy, Energy and Tourism co-hosted the first meeting of the China-Austria Entrepreneurs Committee in Beijing. Minister Wang Wentao and Minister Hartmannsdorfer attended the meeting and delivered speeches. More than 100 representatives from the Chinese and Austrian political and economic circles attended the conference. Wang Wentao said that this year marks the 55th anniversary of the establishment of diplomatic relations between China and Austria. Under the strategic guidance of the leaders of the two countries, China and Austria have upheld the concept of openness and inclusiveness and promoted bilateral economic and trade cooperation to achieve fruitful results. The two sides have jointly established the Sino-Austrian Entrepreneurs Committee, which will build a two-way bridge between the two countries' economic communities and promote a deep connection between China's “15th Five-Year Plan” and Austria's “Industrial Strategy 2035.” We expect enterprises from both sides to make good use of the enterprise committee mechanism, focus on characteristic industries, deepen practical cooperation, and jointly write a new chapter in Sino-Austrian economic and trade relations. We hope that the Austrian side will create a fair, open and non-discriminatory environment for Chinese enterprises to invest and develop businesses in Austria, and help the economic and trade relations between China and Europe continue to develop in a stable and healthy manner.

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