Cyprus Mail

40 years of Chinese reform marked at the European University

Chinese ambassador Huang Xingyuan with the dean of the European University of Cyprus Costas Gouliamos

The European University of Cyprus has hosted a workshop titled ‘China’s Growth and Celebrating 40 Years of Reforms’ organised by the Chinese embassy. The importance of both political and economic reforms was highlighted. The workshop reviewed China’s socio-economic development through systematic analysis and the use of theoretical tools.

In his speech, the Chinese ambassador, Huang Xingyuan, stressed the possibilities and the significant results of Cyprus’ cooperation with his country in the commercial and economic spheres.

“The Chinese government has implemented over 1500 reform measures by introducing innovative changes in key areas,” the ambassador pointed out that.

“China has successfully transformed itself from a closed state into an open economy integrated into the international system, while at the same time implementing the global economic and commercial initiative ‘One Belt One Road’ to promote business, commercial and economic innovation, from Asia to Africa and from Africa to Europe.”

“In the 21st century, China is now a force of stability and a pillar of global security and peace, and at the same time it is a driving force for growth in the fields of culture, economy and education,” said the dean of the European University of Cyprus, Costas Gouliamos, in his address to the opening ceremony.

Speakers at the conference talked about the fruitful cooperation between China and Cyprus, but also about the need to further strengthen existing synergies. The event was attended by senior Chinese embassy officials in Cyprus, political party representatives, research institute directors, academics, diplomats, and representatives of industrial and commercial associations.

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