Cooperation between China and Central and Eastern European Countries

Businesses from Central and Eastern European Countries and beyond have been eyeing a key commerce and trade expo being held this week in eastern China's port city of Ningbo with a view to strengthening economic ties with China and greater opportunities.

Brnabic thanked China for the assistance that China provided to Serbia during the coronavirus pandemic in professional medical care, equipment and support in vaccination.
That, Brnabi added, only strengthened the iron friendship between the two countries, which is deepening with the project of building a factory for the production of vaccines by the Chinese company Sinopharm.

It was only in 2015 when Law and Justice (PiS) changed the bearing, placing the alliance with Donald Trump atop the hierarchy of priorities, simultaneously setting a collision course with Europe. This change was deservedly viewed as controversial, but at least it was clear what it was guided by. At present nobody knows anything.

The summit is scheduled for today, and the Chinese Ministry of Foreign Affairs announced earlier that Chinese President Xi Jinping will host the virtual China-CEEC summit and give a keynote speech.

The Western Balkans not only provides China with a convenient foothold inside of Europe but is also in need of infrastructure investment and possesses a well-educated and reasonably priced labor force.

Furthermore, the region's comparatively weaker and looser regulatory policy framework that governs business activity also makes the Western Balkans appealing to Chinese corporations.

China pledged on Friday to increase trade with Central European countries and provide more financial support for major cross border infrastructure projects to promote regional cooperation.

Croatian Prime Minister Andrej Plenkovic on Friday welcomed Greece as the 17th European member of the Cooperation of Central and Eastern European countries and China, known as the 16+1 initiative, at the opening of the fifth CEEC-China Summit, in Dubrovnik.

Coal-powered plants, mobile networks, major bridges, roads and railways: Chinese investments have been booming throughout Central and Eastern Europe's cash-strapped developing countries, even as European Union officials scramble to counter Beijing's mounting economic and political influence on the continent.

Reduced trade with Turkey and Russia reported by Bulgarian Chamber of Commerce and Industry.

Germany is Bulgaria's largest and most important trading partner, and more than 43% of the companies in Bulgaria designate the country as an object of economic cooperation. This shows the results of a survey of the Bulgarian Chamber of Commerce and Industry (BCCI).

Participants in the summit issued the Sofia Guidelines for Cooperation between China and CEE with "Deepening open and pragmatic cooperation for inclusive prosperity" as its theme. They stressed that the 16+1 Cooperation constitutes an important part of and a positive complementary to the relationship between China and the EU: