The China-Switzerland will strengthen bilateral cooperation


 The China-Switzerland will strengthen bilateral cooperation
China attaches great importance to developing ties with Switzerland, said Li, noting that bilateral free trade agreement (FTA) has effectively boosted economic and trade cooperation between the two countries in the past two years.
The China-Switzerland FTA entered into force on July 1, 2014, which marks a milestone on the bilateral relationship.
China is willing to deepen cooperation with Switzerland in areas of trade, finance and innovation, and make bilateral cooperation a model in China-Europe relations, said Li.
Innovation is the only road to transformation and upgrading of the Chinese economy, while Switzerland has competitive advantage in innovation, said Li, saying bilateral innovation cooperation has broad prospect.
He suggested the two countries create mechanisms. for innovation cooperation between businesses, colleges and research institutes.
Li also called on the two sides to strengthen the alignment. of "Made in China 2025" and Switzerland's Industry 4.0 strategy, so as to ensure the two countries lead the pack in the trend of digitization and Industry 4.0.