Banking and insurance are evolving. Insurance companies and banks are at the forefront of the development of the digital economy. The very nature of their activities lends itself to the intensive use of the new technologies. In a highly competitive framework marked by a keener pursuit of competitiveness, insurance companies and banks have become part of an ongoing drive for innovation.
Beratende Kommission für den industriellen Wandel (CCMI) - Related Opinions
Europe has always played a key role in the innovation and development of personal care, body hygiene and beauty products. However its leading position has progressively been eroded in the process of global competition. While the innovative capacity of Europe’s specialised enterprises is very impressive, the production and commercialisation of European inventions have shifted to other parts of the world with serious economic and social consequences for Europe in terms of benefits, labour opportunities and incentives for research and development. To strengthen this particular branch of industry by appropriate strategies will lead to a major contribution to industrial reshoring and industrial development.
The EESC calls upon the Commission, the European Parliament and the Council to work together to hold an interinstitutional conference as soon as possible on the role of public-private technology partnerships in European reindustrialisation, with a view to the next R&I Framework Programme after 2020.
The EESC appreciates the coherent and ambitious strategic vision in industrial policy being displayed in the Communication and its focus on four key issues: (1) technologies and platforms; (2) standards and reference architectures; (3) geographic cohesion, embodied in a network of regional Innovation Hubs; (4) skills at all levels.
The European Economic and Social Committee (EESC) warns against granting China market economy status (MES) and calls on the European institutions to promote fair international competition and actively defend European jobs and European values with efficient trade defence instruments (TDIs). In its opinion, adopted at its 514th plenary session on 14th July, the EESC points to the disastrous impact a possible granting of MES to China would have on Europe's industry and consequently on Europe's labour market. The EESC insists on China's fulfilment of the five EU criteria for achieving the MES.
If the message of this opinion should be summarised in a sentence, this would be: "Enough is enough; rules must be respected".
Steel industry is at the forefront of granting MES to China. However, the opinion does not tackle the legal and political side of granting MES to China (CCMI/144). It focuses on the Commission's communication and puts forward specific additional measures to provide Europe's steel industry with the level playing field it needs to preserve growth and jobs.
During the energy transition towards the low-emission economy, the EU energy system faces a period of profound technological, economic and social change that will affect many of the energy sectors, including the coal industry and hence the coal-mining regions of the EU.
There is an urgent need to reindustrialise Europe. In order to achieve this the engineering and technical professions should be focused. These professions are indispensable in developing innovative production methods and products. However, without appropriate human resources and their potential, experience and knowledge, this goal is not to be achieved. Industry and companies should introduce communication policy to emphasise the attractiveness of the industrial sector; the crucial role belongs to industry associations. Better dialogue between companies and organisations in charge of vocational training might be an important step in facing the employment creation issue. What is more it could reduce differences between demand and supply.
The development of global markets is fuelling demand for energy, raw materials, food, medical supplies and transport. Yet climate change, limits to the regenerative capacity of ecosystems, and scarcity of raw materials necessitate smart and responsible use of natural resources.