European business summit discusses future of Europe

A two-day European business summit kicked off here on Wednesday, gathering top officials of the European Union (EU) and 2,000 more participants to debate Europe's future as the continent is faced with tough challenges including migrant crisis, debt crisis and upcoming Britain's EU membership referendum.

The President of the European Council Donald Tusk, the European Commission President Jean-Claude Juncker and the European Parliament President Martin Schulz, are scheduled to address the event, said a press release issued by the 16th European Business Summit (EBS).

Chinese diplomats and enterprises also attended the summit. Chai Xiaolin, minister for economic and commercial affairs, Chinese Mission to the EU, is expected to attend the summit while Chinese telecommunications giant Huawei is the summit's main partner.

"The EU is facing profound challenges that need to be tackled. Business, policy-makers and civil society must now, more than ever, complement one another in a vision for a better future," the EBS said.

Around 150 speakers will address the summit on topics including digital agenda, energy union, structural reforms, geostrategic policy, Brexit, governance of the Eurozone, innovation and trade, the EBS noted. Endit