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Friday, July 12, 2019

CEIBS Insights | The 5th Europe Forum - Brussels

The 4th Industrial Revolution: Opportunities and Challenges for Europe and China

As we enter the era of Globalisation 4.0, the world is undergoing great changes unseen in a century: the rise of emerging economies is redefining the existing global governance system and international order; a new technological revolution and sweeping industrial transformation are fostering fierce competition on a global scale; and new challenges are emerging in areas such as data security and privacy protection. Against this backdrop, a rising tide of anti-globalisation, trade protectionism and unilateralism is generating global political and economic uncertainty and instability.

Within this context, economic and trade relations between China and Europe are an important bulwark of multilateralism and free trade. Moreover, both economies plan to further deepen their cooperation. With over four decades of reform and opening-up, China has continually upgraded its economy by transitioning from old growth drivers to new ones. At the same time, European countries are experiencing a moderate economy at a time when the Europe 2020 Strategy is drawing to a close. In light of this, the technological innovation unleashed by the oncoming Fourth Industrial Revolution could be crucial for both sustaining China’s economic growth and restoring the economic vitality of EU member states. As China further opens its doors to the outside world, EU countries will find significant opportunities to take innovative technology from lab to market.

When it comes to innovation-driven cooperation, there is huge scope for Sino-European partnerships in areas including new energy, smart manufacturing, food additives, finance, microelectronics, biopharmaceuticals, energy conservation, environmental protection and life sciences. As economic ties improve, how can China and Europe balance government policy and market forces to achieve sustainable technological innovation? How can SMEs in China and Europe leverage opportunities to expand into overseas markets? At this Forum, distinguished representatives of political and business communities in China and Europe will share insights into new approaches for bilateral cooperation.




Welcome Address

  • Prof. Li Mingjun
    President, Professor of Management, CEIBS
  • Dr. Guntram B. Wolff
    Director, Bruegel

Dr. Snow Zhou
Assistant President, CEIBS


Keynote Speech I: EU and China: Challenges and Opportunities for the Future of Industrial Policy

Ms. Elżbieta Bieńkowska 
Commissioner, Internal Market, Industry, Entrepreneurship and SMEs, European Commission


Keynote Speech II: Toward a Deepened and Wider China-EU Innovation Cooperation

Minister. Wang Hongjian
Minister, Mission of the People's Republic of China to the European Union

Session I:
Research and Innovation: Competition or Cooperation in the EU-China Context?

Competition to develop new technologies is the driving force of the latest Industrial Revolution taking place around the world. Europe, the birthplace of the First and Second Industrial Revolutions, has become an innovation powerhouse. Meanwhile, China has a vast market and is stepping up innovation and IPR protection in new fields. Governments on both sides are committed to technological innovation, which has become a strategic driver for economic development. At the same time, both Europe and China have complementary markets and mutually-compatible strategies. Looking ahead, as China presses on with reform and opening-up and the Fourth Industrial Revolution gathers momentum, there are bright prospects for Sino-European cooperation on university-industry engagement, joint R&D and the commercialisation of cutting-edge technologies.


Moderator: Dr. Maria Demertzis, Deputy Director, Bruegel


  • Prof. Chen Dongxiao, President, Shanghai Institutes for International Studies
    Suggested Topic: China-EU Cooperation in Technology Innovation: A Perspective from the New China-US Relationship​
  • Prof. Ding Yuan, Vice President and Dean, Professor of Accounting, Cathay Capital Chair in Accounting, CEIBS 
    Suggested Topic: How to Forge Innovative Society in the 4th Industrial Revolution?​
  • Prof. Reinhilde Veugelers, Senior Fellow, Bruegel
    Suggested Topic: The Challenge/Opportunity of China’s Rise as a Science and Technology powerhouse for the EU​


Luncheon Reception Address

Mrs Gwenn Sonck, Executive Director, EU-China Business Association




Introduction to Session

Prof. Eric Cornuel, President , EFMD


Keynote Speech III: China’s Innovation Potential and its Global Implication

Prof. Xu Bin
Professor of Economics and Finance, Wu Jinglian Chair in Economics and Associate Dean (Research), CEIBS


Keynote Speech IV: Innovation in Europe: Past, Present and Future

Ms. Signe Ratso
Deputy Director-General for Research and Innovation, DG RTD, European Commission

Session II:
Industrial Approaches in Innovation Cooperation between China and EU

Artificial intelligence has been in widespread use for over 60 years and as new AI technologies gradually move out of the laboratory into the marketplace, they are now driving both production and social change. For many years, EU countries have had a technological edge in life sciences, nanotechnology, and environmental protection. China, on the other hand, has more recently shown its prowess in artificial intelligence and big data. Today, digital and smart technologies are breaking down geographical barriers, but concerted global efforts are needed to achieve technological breakthroughs, the benefits of which should be enjoyed worldwide. China and Europe have a long history of technological cooperation. In the future, as they continue to strengthen economic ties, a new technological revolution will bring them boundless opportunities to work together on the commercialisation of new technologies, allowing them to share the fruits of this market.


Moderator: Prof. Ding Yuan, Vice President and Dean, Professor of Accounting, Cathay Capital Chair in Accounting, CEIBS


  • Ms. Signe Ratso, Deputy Director-General for Research and Innovation, DG RTD, European Commission
  • Mr. Zhang Hongjun, President and CEO, WINNER Technology Co., Inc.  
    Innovation Best Practices at WINNER​
  • Prof. Dr. Dr. h.c. Frank Kirchner, Director DFKI Bremen, Robotics Innovation Centre
    Suggested Topic: Latest Innovation Practices in Germany​


Closing Keynote Speech
Suggested Topic: Sino-EU Cooperation under the New International Economic Order

Prof. Pascal Lamy
Distinguished Professor, CEIBS; Former Director-General, the World Trade Organisation (WTO) ; Honorary President, Notre Europe

Organisers: CEIBS; Bruegel

Supporting Organisers: EU-China Business Association;
European Foundation for Management Development; 
Shanghai Institutes for International Studies; 
Mission of the People’s Republic of China to the European Union

Bruegel, 4F Rue de la Charité 33, 1210 Brussels

Ms. Hao An
Tel: +86-21-28905260
Email: ahao@ceibs.edu