OnDecember30,2020,theleadersofChinaandtheEUjointlyannouncedthecompletionoftheEU-ChinaComprehensiveAgreementonInvestment,whichisaframeworkagreementdesignedtoreplacetheexistingbilateralinvestmenttreatiesbetweenChinaandEUmemberstatesandbuildunityChina-EUbilateralinvestmentsystem.

　　Thisnegotiationhasgonethrough35roundsofnegotiationsandlastedformorethan7years.Thenegotiationwasoncestalledandacceleratedinthepastoneandahalfyears.Thenegotiationwasfinallycompletedattheendof2020,whichisalsoaftertheRegionalComprehensiveEconomicPartnershipAgreement(RCEP).,Chinahascompletedanothermajoropening-upmeasure,whichisanothersignificantvictoryofmultilateralisminthecourseofyearsofanti-globalization.

　　So,willthecompletionofthe"China-EUInvestmentAgreement"negotiationshaveanimpactonthestainlesssteelindustry?

　　1.IftheChina-EUInvestmentAgreementisreached,willtheEUstillhavetariffbarrierstoChina?

　　Inrecentyears,duetotheEU'scontinuedanti-dumpingofstainlesssteelexportsfrommainlandChina,theEUcurrentlyimposesataxrateofmorethan20%onstainlesssteelfrommainlandChina.Then,iftheChina-EUInvestmentAgreementisreached,willtheEUstillhavetariffbarriersagainstChina?

　　ThefirstthingtobeclearisthattheChina-EUInvestmentAgreementdoesnotinvolvetariffissues.Secondly,itisassumedthatthe"China-EuropeInvestmentAgreement"hascertainbenefitsforstainlesssteelexports,mainlyrelatedtostainlesssteelproducts,suchashouseholdappliances.However,afterthepreliminarynegotiationsarecompleted,theagreementneedstobefurthertransformedintolegalprovisions,whichcanonlycomeintoforceafterapprovalbytheEuropeanParliament.Theprocessisexpectedtostartinthesecondhalfof2021.

　　2.FromtheperspectiveofEuropeanopenareas,whatimpactdoesthe"China-EUInvestmentAgreement"haveonChinesestainlesssteelcompaniesgoingglobal?

　　Accordingtorelevantinformation,theChina-EUInvestmentAgreementwilllockintheexistingChineseinvestmentmarketaccessrightsinEurope,whileensuringtheopeningofsensitiveareassuchasenergy,agriculture,fishery,audio-visual,andpublicservicesinEurope.Inaddition,accordingtothe"GeneralAgreementonTradeinServices"(GATS),theEUwillopenuptheserviceindustrytoalargeextent.

　　FromChina'sstandpoint,theEuropeanopenfieldprovidesChineseinvestorswithgreateropportunitiestoentertheEUenergywholesaleandretailmarket,renewableenergymarketandotherfields,andpromotethedevelopmentofChina'snewenergy,automobileandotherrelatedindustries.ForChineseinvestors,theagreementalsomeansthattherearemorepotentialinvestmentopportunitiesintheEU,includingChina'scompetitiveconstructionindustry,telecommunicationsindustry,etc.,whichmaystimulatedomesticdemandforstainlesssteel.

　　However,fromtheperspectiveofstainlesssteelcompanies,thepossibilityofdomesticstainlesssteelplantsgoingoutandestablishingplantsintheEUisslim.DuetotherelativelylargeaccumulationofscrapsteelinEurope,Chinesestainlesssteelmillsmayenjoysomeadvantagesinthecostofstainlesssteelsmeltingwhentheygooutandinvestinconstruction.However,allstainlesssteelmillsinEuropecurrentlyuseelectricfurnacesforproduction.IfyougotoEuropetobuildaplant,theoverallcostistoohigh.Secondly,fromademandperspective,Europeanstainlesssteelproductionhasbeendecliningyearbyyear.Inaddition,duetotheimpactofthenewcrownepidemic,theEuropeaneconomyhasfallenintoadownturn,andthedemandsidehasremainedweak.Therefore,thepossibilityofdomesticstainlesssteelplantsgoingtoEuropetobuildfactoriesgenerallydoesnotexist.

　　3.FromtheperspectiveofChina'sopenfields,whatimpactdoesthe"China-EUInvestmentAgreement"haveondomesticstainlesssteelcompanies?

　　Duringthenegotiations,theareasthatChinapromisedtofurtheropenincludemanufacturing,automobiles,financialservices,healthcare,communications/cloudservices,computerservices,internationalshipping,airtransportation,businessservices,environmentalservices,etc.Atpresent,abouthalfofEU'sdirectinvestmentinChinaisconcentratedinthemanufacturingsector,suchastransportationandtelecommunicationsequipment,chemicals,healthequipment,andsoon.Intheautomotivesector,Chinaagreedtograduallycanceltherequirementsforjointventuresandpromisedmarketaccessfornewenergyvehicles.Inaddition,Chinaagreedtoabolishjointventurerequirementsforcertainindustriesinthefinancialservicesandhealthcaresectors.

　　FromthestandpointoftheEuropeanUnion,theEuropeanUnionhasnewopportunitiesinChina’sautomotive,consumerproducts,biomedicine,financialservices,andmedicalandhealthsectors,butmorelikelyitistheoutputinthetechnicalfield,whichhasabasicimpactontheproductionofthestainlesssteelindustry.No.

　　Insummary,ingeneral,the"China-EuropeInvestmentAgreement"doesnothaveanypositiveimpactonstainlesssteelandstainlesssteelcompaniesthemselves,butitmaybepositivefortheexportofstainlesssteelproducts.

　　中歐投(tou)資協定，對(dui)不鏽鋼行(hang)業影響幾(ji)何

　　2025年12月13日(ri)，中歐領導(dao)人共同宣(xuan)布完成中(zhōng)歐全面投(tóu)資協議(EU-ChinaComprehensiveAgreementonInvestment），這(zhe)是一個框(kuang)架協議，旨(zhǐ)在取代中(zhong)國和歐盟(méng)成員國現(xiàn)有的雙邊(biān)投資條約(yuē)，構建統一(yī)的中歐雙(shuang)邊👉投資制(zhì)度。

　　這一談(tán)判經曆了(le)35輪磋商，前(qian)後持續超(chao)過7年，談判(pan)曾一度停(tíng)滞，近一年(nian)半内有所(suo)加快，終于(yú)在2020年年底(dǐ)完成談判(pàn)，這也是繼(jì)區域全面(mian)經濟夥伴(ban)關系協定(ding)（RCEP）之後，中國(guo)完成的另(lìng)一個重大(da)對外開放(fang)舉措，也是(shi)在多年的(de)逆全球化(huà)進程中，多(duō)邊🤞主義取(qu)得的又一(yī)次意義重(zhong)大的🔴勝利(lì)。

　　那麼，“中歐(ou)投資協定(ding)”談判的完(wán)成，對不鏽(xiu)鋼行業會(hui)有👄影響💋嗎(ma)？

　　一、如果“中(zhōng)歐投資協(xié)定”達成，歐(ōu)盟對中國(guó)還會有關(guān)稅壁壘麼(me)？

　　近年來，由(yóu)于歐盟對(duì)中國大陸(lu)的不鏽鋼(gāng)出口持續(xù)的反✂️傾銷(xiao)，目前歐盟(meng)對中國大(dà)陸不鏽鋼(gang)的征收稅(shuì)率高達20%以(yi)上，那麼，如(ru)果“中歐投(tóu)資協定”達(dá)成，歐盟對(dui)中國還會(hui)有關稅壁(bì)壘🔞麼？

　　首先(xiān)需要明确(que)的是，“中歐(ōu)投資協定(dìng)”并不涉及(jí)關稅問題(tí)。其次，假設(she)“中歐投資(zi)協定”對不(bú)鏽鋼出口(kou)有一☂️定利(lì)⭐好，主要系(xi)不鏽鋼的(de)相關制成(chéng)品，比如家(jia)電等♍等。但(dàn)初步談判(pàn)完成，協🏃🏻‍♂️議(yi)需進一步(bu)轉化成法(fǎ)律條文，并(bìng)經過歐洲(zhou)議會♋批準(zhun)後才🌈可生(sheng)效。該過程(cheng)預計将在(zài)2021年下半年(nián)才可開始(shǐ)。

　　二、從歐洲(zhōu)開放領域(yù)來看，“中歐(ou)投資協定(dìng)”對中國不(bú)鏽鋼企業(yè)走出去有(yǒu)何影響？

　　從(cóng)相關資料(liao)顯示來看(kan)，中歐投資(zī)協定将鎖(suo)定現有的(de)中國對歐(ōu)投資市場(chǎng)準入權，同(tóng)時确保開(kāi)放歐洲能(néng)源、農業、漁(yú)業、視聽、公(gong)共服務等(deng)敏感領域(yù)。此外，根據(jù)《服務貿易(yì)總協定》（GATS），歐(ōu)盟将在很(hěn)大程度上(shàng)開放服務(wù)行業。

　　站在(zai)中國立場(chǎng)，歐洲開放(fàng)領域，為中(zhong)國投資者(zhě)提供了更(geng)大🔆的進入(rù)歐盟能源(yuan)批發零售(shou)市場、可再(zai)生能源市(shì)場等領域(yù)的機會，帶(dai)😘動中國新(xīn)能源、汽車(chē)等相關産(chan)業💃🏻的出口(kǒu)貿易發展(zhan)。對于中國(guo)投👨‍❤️‍👨資者，該(gai)協議達成(chéng)還意味着(zhe)在歐盟有(you)更多潛在(zai)的投資機(ji)會，包括中(zhōng)國有競⭕争(zhēng)優勢的建(jian)🌏築産業、電(dian)信産業等(deng)等，屆👣時或(huo)許會拉動(dong)國内不鏽(xiu)鋼需求。

　　但(dàn)是從不鏽(xiu)鋼企業角(jiao)度而言，國(guo)内不鏽鋼(gāng)廠走出去(qu)在歐盟☂️建(jiàn)廠的可能(neng)性微乎其(qi)微。由于歐(ou)洲的廢鋼(gāng)積累量比(bǐ)較大，中國(guó)不鏽鋼鋼(gāng)廠走出去(qù)投資建設(shè)，在不鏽鋼(gāng)冶煉成本(ben)上可能會(huì)享有一些(xie)優勢。但是(shi)目前歐💛洲(zhou)的不鏽🈲鋼(gāng)鋼廠全部(bù)使用電爐(lu)生産，若去(qu)歐洲建廠(chang)，整體成本(běn)過于高昂(áng)。其次，從需(xū)求角度來(lai)講，歐洲本(ben)土不鏽鋼(gang)生産逐年(nian)下降，加之(zhi)由于新冠(guan)疫情的影(yǐng)響，歐洲經(jīng)濟陷入低(di)迷，需求端(duan)維持弱勢(shi)。因此，國内(nèi)不鏽鋼廠(chang)去歐洲建(jiàn)設工廠的(de)可能性，總(zǒng)體而言不(bu)存在。

　　三、從(cóng)中國開放(fàng)領域來看(kàn)，“中歐投資(zi)協定”對國(guó)内的🤟不鏽(xiù)鋼❗企🤩業有(yǒu)何影響？

　　在(zai)談判中，中(zhōng)國答應進(jìn)一步開放(fang)的領域包(bāo)括制造業(ye)、汽車、金融(rong)服務業、醫(yi)療健康、通(tōng)訊/雲服務(wu)、計算機服(fu)務、國際海(hai)運、航空運(yun)輸、商業服(fú)務、環境服(fu)務等。目前(qian)，大約一半(ban)的歐盟對(dui)華直接投(tou)資集中在(zài)制造業領(lǐng)域，如運輸(shū)和電信設(shè)備、化學品(pǐn)、健康設備(bei)等等。而汽(qì)車領域方(fang)面，中國同(tóng)意逐步取(qu)消合資企(qǐ)業要求，承(cheng)諾新能源(yuán)汽車的市(shì)場準入。此(cǐ)外，中國同(tong)意取消金(jin)融服務業(yè)及醫療健(jian)康領域中(zhōng)部分行業(ye)的合資要(yào)求。

　　站在歐(ōu)盟的立場(chang)，歐盟在中(zhōng)國的汽車(che)、消費品、生(shēng)物醫藥、金(jin)融服務和(hé)醫療衛生(sheng)等衆多領(lǐng)域出現了(le)新的機遇(yù)，但更多的(de)可能是技(ji)術領域内(nei)的輸出，對(dui)不鏽鋼行(háng)業生産的(de)影響基本(ben)沒有。

　　綜上(shang)所述，總體(tǐ)而言，“中歐(ōu)投資協定(dìng)”對不鏽鋼(gāng)及不❓鏽鋼(gang)企業⁉️本身(shēn)并沒有什(shi)麼利好的(de)影響，但對(dui)不鏽鋼制(zhì)成品🔞的出(chu)口可能會(huì)是利好。