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China- CEE Summit starts in Belgrade : Trade between China and CEE is expected to exceed US$60 billion in 2014, says PM Li Keqiang

The 3rd summit between China and 16 countries of Central and Eastern Europe started on Tuesday  in Belgrade and will be accompanied by an economic forum.Romania was represented by Prime Minister Victor Ponta and  by vice-premier and minister of the Regional Development and Public Administration, Liviu Dragnea. The heads of governments will assess in the Belgrade summit the stage of implementation of the cooperation proposals launched a year ago in Bucharest within the ‘Directory Lines for the cooperation between China and the states of Central and Eastern Europe’. Likewise, they will approach the ways of further deepening cooperation in this format through concrete projects in transports and connectivity, trade and investments, energy, finances, science and technology, environment protection and inter-human exchanges. Prior to the Summit, the Prime Minister of the People’s Republic of China, Li Keqiang said  in an interview with media from Central and Eastern European Countries that trade between China and the Central and Eastern European Countries (CEEC)  this year is expected to exceed US$60 billion for the first time.“For China-CEEC cooperation, the annual meeting of the heads of government serves as the most important engine, most reliable support and most forceful guarantee. As the Chinese put it, ‘A strong locomotive drives the train fast.’ From Warsaw to Bucharest, both meetings have helped promote China-CEEC cooperation to a higher level. China’s Twelve Measures for Promoting Friendly Cooperation with Central and Eastern European Countries adopted in Warsaw and the Bucharest Guidelines for Cooperation released in Bucharest involve 50 cooperation initiatives, spanning finance, trade, connectivity, green energy, as well as local and people-to-people exchanges,” the Chinese PM told Agerpres. “These initiatives have been welcomed and supported by all sides,” he added. The US$10 billion special credit line and the China-CEEC Investment Cooperation Fund have offered effective financing solutions for companies from CEECs.According to the Chinese Prime Minister, a “number of major projects, such as the Stanari thermal power plant in Bosnia and Herzegovina, the Mihajlo Pupin Bridge in Belgrade, the Bar-Boljare Highway in Montenegro and the Budapest-Belgrade Railway, will certainly boost local development and benefit the local people”.“ Trade between China and CEECs this year is expected to exceed US$60 billion for the first time,” Mr. Li Keqiang told media from CEE countries, Agerpres included.“Products from CEECs have entered more and more average Chinese households. Preliminary statistics show that there are nearly 1,000 companies from CEECs operating in China. Events such as the high-level symposium of think tanks, the cultural cooperation forum, the education policy dialogue and the young political leaders’ forum have all helped bring China and CEECs closer together and promoted dialogue and exchange among different cultures and civilizations,” PM Li Keqiang also said.

China’s Prime Minister Li Keqiang had in Belgrade on Tuesday a series of meetings with colleagues from countries of Central and Eastern Europe, ahead of the start of the 3rd summit between China and 16 countries of Central and Eastern Europe, reports Tanjug news agency. Li met separately with the prime ministers of Slovenia, Latvia, Montenegro, the Czech Republic, Bosnia-Herzegovina and Romania, Tanjug has learned at the Chinese embassy in Belgrade.

(photo credits: Tanjug news agency)

 

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