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Wen Jiabao Attends China-Central and Eastern Europe Business Forum and Delivers an Important Speech
2012/04/27

On April 26, 2012, Premier Wen Jiabao attended the China-Central and Eastern Europe Business Forum in Warsaw and delivered an important speech.

Wen said that although China and Central and Eastern European countries have different social system, national conditions and culture, those differences will not change our aspiration and firm belief in developing the friendly relations. As long as the two sides adhere to mutual respect, equal treatment and mutually beneficial cooperation, we will be able to consolidate our traditional friendship and achieve common development.

He pointed out that the world economic situation has improved since the start of this year, but the foundation for economic recovery remains fragile and uncertain. To join hands to address challenges serves the fundamental interests of both China and Central and Eastern Europe. China sincerely expects to deepen the friendly relations with Central and Eastern Europe, significantly enhance the pragmatic cooperation and bring benefits to people on both sides.

He noted that the two sides should expand the scale of cooperation, broaden the cooperation areas, improve the cooperation mechanism and consolidate the foundation for cooperation. China and Central and Eastern Europe should further open market to each other and endeavor to achieve US$100 billion of bilateral trade by 2015; expand the all-round exchanges and cooperation in the fields of construction, investment, infrastructure, tourism, education and youth. He suggests setting up an expert advisory committee on the transport network construction and a China-Central and Eastern Europe tourism promotion alliance. China will establish the China-Central and Eastern Europe cooperation secretariat and host China-Central and Eastern Europe Cultural Cooperation Forum and China-Central and Eastern Europe Young Politicians Forum next year.

He pointed out that to promote the pragmatic cooperation with Central and Eastern European countries, the Chinese government has decided to set up a special credit line of US$10 billion together with a certain proportion of concessional loans which will be used to support the bilateral cooperation projects mainly in the fields of infrastructure, high-tech and green economy; form the China-Central and Eastern Europe investment fund; encourage Chinese enterprises to build joint venture economic and technological parks with Central and Eastern European countries within the next 5 years; offer 5,000 scholarships to Central and Eastern European countries, invite 1,000 students to study Chinese in China and send 1,000 Chinese students and scholars to Central and Eastern Europe for study and exchanges within the next 5 years.

He said at the end that the friendly relations between China and Central and Eastern Europe face important opportunities of rapid development and embrace a promising future. As long as we plant the seeds of cooperation, we will harvest rich fruits. Let us join hands to move forward and write a new chapter of friendly relations between China and Central and Eastern Europe.

The forum is organized by the Polish Ministry of Economy. 1,300 delegates of more than 700 enterprises and government officials from China and Central and Eastern European countries attended the event. The first China-Central and Eastern Europe Business Forum was held in Budapest, Hungary in June 2011.

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