Investment ties to further strengthen China-EU cooperation
Updated: 2015-04-02 10:24
(Xinhua)
|
|||||||||||
According to EU sources, its investment strategy is seeking to cooperate with the "Belt and Road" initiative in specific projects.
Katainen said Chinese investment was "very welcome," especially to fill in the gaps in long-term infrastructure needs in EU member states. This is particularly the case in eastern and central European countries and in Balkan countries, for which China is ready to allocate investment funds from the AIIB and the Silk Road Fund.
Some experts see this as a good sign for EU-China economic cooperation, also taking into account other positive developments such as the China-EU 2020 Strategic Agenda and negotiations on a bilateral investment agreement hopefully to be concluded by 2015.
Duncan Freeman, research fellow at the Brussels Institute of Contemporary China Studies, said the EU needs as much investment as China could offer, although China will not be able or willing to cover all the possible investment requirements.
According to Freeman, "there is likely to be more interest from member states and business sectors that see a real benefit from the initiative."
"Rather than seeking a broad framework at the EU level, it may be more practical to work on a project-by-project basis," he added.
Related Stories
Lenders bank on European growth 2015-03-16 07:44
Europe likely to send hot money to China 2015-03-02 07:38
Infrastructure offers Chinese companies opportunities worldwide 2015-02-03 07:58
China still on lookout for foreign prospects 2015-02-03 07:58
Sino-Europe economic relationship 'has great potential' 2015-01-19 13:56
Today's Top News
Lufthansa insurers set aside $300 mln over crash
Sarkozy makes political comeback
30 nations approved as AIIB founding members
China's PMI eases past 50 in March
Crash pilot had been treated for suicidal tendencies
Britain officially launches general election campaign
China's GDP growth likely to rise to 7.2% in Q2
Yili Group milks world of industry experience
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
What do we know about AIIB |
Full coverage of Boao Forum for Asia |
Annual legislative and political advisory sessions |
Festival Special: Apps that make holiday shopping easier |
Listed firms caught in anti-corruption net |
Conca set to return to China |