Asset TrackingDriving innovationinterview with Heather Wang, CEO Western Markets - Invengo Technology Corporation
According to historians, from 1000-1500, China led the world in economic development. As trade between China and Europe began to expand from 1550 onwards, the Chinese economy became, by many measures, more productive than Europe’s. Today, similar parallels with ancient history can be drawn |
The European Commission states that China is the single most important challenge for EU trade policy. China has re-emerged as the world’s fourth economy and third exporter, but also an increasingly important political power. Furthermore EU-China trade has increased dramatically in recent years. China is now the EU’s 2nd trading partner behind the USA and the biggest source of imports and the EU is China’s biggest trading partner.
In 2008 the EU and China launched a new strategic mechanism for driving trade and economic policy. The EU’s open market has been a large contributor to China’s export-led growth and has also benefited from the growth of the Chinese market. As a result, the EU says it is committed to open trading relations with China.
In addition a number of well-established Chinese technology companies in the autoID industry are setting up operations in Western economies. One of these is Invengo Technologies and ID People spoke to its CEO for Western Markets, Heather Wang to find out more. 
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