国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Chinadaily.com.cn
 
Go Adv Search
Visits revitalize traditional friendship with East Europe

Visits revitalize traditional friendship with East Europe

Updated: 2012-04-26 08:11

By Andrew Moody (China Daily)

  Comments() Print Mail Large Medium  Small

Robust trade and investment ties between Central and Eastern Europe and China are renewing traditional friendships China built with this region many years ago.

Trade between Central and Eastern Europe and China now stands at more than 10 times the level in 2001 and has grown at an annual average rate of 32 percent over the past 10 years.

In 2010 alone, trade increased by 34.1 percent to $41.1 billion, according to figures from the Ministry of Commerce.

The trade relationship between China and Central and Eastern Europe came into focus in June when Premier Wen Jiabao visited Hungary, where he announced $539 million in financial support for a European logistics base, which would be a hub for Chinese goods entering Europe.

Less than a year later, Wen is visiting the region again. Experts expect the trip to inject new vitality into the long-standing friendship and new trade relationship.

Countries in Central and Eastern Europe now enjoy very close investment and trade ties with China. For example, Chinese foreign direct investment in Hungary was $370 million in 2010, up from just $400,000 in 2004, according to the Ministry of Commerce.

BYD Automobile, a major battery and electric auto manufacturer in China, has a major battery plant in Hungary.

Other major Chinese investments in the region include a new factory in Bulgaria, where it will assemble 50,000 cars a year.

Peter Hyl, executive chairman of the China Investment Forum, said the economies of China and Central and Eastern Europe have much in common, as they are both suppliers of goods and services to Western markets.

"China can be characterized as a manufacturing base supplying Western economies and that is the same with large parts of Central and Eastern Europe. The structure of the economies is very similar," he said.

Companies in Central and Eastern Europe are also making major investments in China. Skoda Auto, one of the Czech Republic's most iconic brands, began manufacturing cars in Shanghai in 2007 and expects to produce more than 200,000 this year.

PPF Group, the largest financial and investment company in Central and Eastern Europe, whose majority shareholder is Czech billionaire Petr Kellner, is making big inroads into China's consumer finance market with its Home Credit brand.

Miranda Carr, head of research at London-based China Policy Research, an investment research company, said the Chinese often feel more comfortable dealing with companies from Central and Eastern Europe.

She said they are often more cooperative in their approach and less likely to give lectures on how to conduct business than their US and Western European counterparts.

Zheng Yangpeng contributed to this story.

andrewmoody@chinadaily.com.cn

(China Daily 04/26/2012 page3)

木兰县| 曲周县| 栾城县| 甘孜| 霍城县| 新竹县| 仁寿县| 宝丰县| 定襄县| 昌宁县| 西平县| 晋中市| 佛教| 沐川县| 黄山市| 南涧| 沅陵县| 大连市| 泾阳县| 慈溪市| 新和县| 衡山县| 根河市| 泸水县| 河津市| 黄冈市| 屏东县| 宝应县| 泸溪县| 岚皋县| 偃师市| 湾仔区| 绥滨县| 河池市| 普兰县| 赞皇县| 安达市| 县级市| 津南区| 绥中县| 星子县|