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China, CEE countries see steady trade, investment growth

China, CEE countries see steady trade, investment growth

Author: From:Xinhua Update:2017-08-21 14:00:56

  Trade and investment have steadily grown with Central and Eastern European (CEE) countries, a Chinese commerce official said Monday.

  China-CEE trade increased to 58.7 billion U.S. dollars last year from 43.9 billion dollars in 2010, said Zhou Xiaoyan, head of the department of European affairs with the Ministry of Commerce, at a press conference.

  The share of China-CEE trade in China's overall trade with Europe expanded to 9.8 percent in 2016, said Zhou.

  China's investment in CEE countries has accumulated to more than 8 billion dollars, covering machinery, chemical, telecom, new energy and other industries, according to Zhou.

  Meanwhile, 16 CEE countries have invested over 1.2 billion dollars in China, she told reporters.

  An investment and trade expo for China and CEE countries will be held in Ningbo of eastern China's Zhejiang Province from June 8 to 12, with Belt and Road development and economic cooperation highlighted.

  China has signed documents on Belt and Road cooperation with 13 of the 16 CEE countries, Zhou said.

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