Spotlight: China, Central and Eastern Europe eye infrastructure-led all-round cooperation

SUZHOU, Jiangsu, Nov. 24 (Xinhua) -- China and 16 Central and Eastern European (CEE) countries on Tuesday identified priority areas for cooperation from 2015 to 2020, ranging from infrastructure, finance, agriculture to culture, in a latest effort to make their cooperation develop in an all-round way.

The priority areas were set out in a medium-term agenda released after the fourth China-CEE summit, which gathered Chinese Premier Li Keqiang and leaders from 16 CEE countries in east China's Suzhou city.

Despite traditional friendly ties, China and CEE countries scored a fast growing yet moderate trade volume of some 60 billion U.S. dollars in 2014, accounting for one tenth of the volume between China and all the European countries.

"Faced with sluggish global trade and economy, China and CEE countries have maintained good momentum on practical cooperation, witnessing rapidly growing trade,investment and major cooperation projects underway," Li voiced confidence in bilateral economic ties at an economic and trade forum between China and CEE countries.

Chinese and CEE countries leaders agreed to link China's Belt and Road Initiative with development strategies of CEE nations, taking advantage of China's strength in infrastructure construction and finance and meeting CEE countries' own needs for better infrastructures and connectivity. Both sides are eyeing a series of flagship projects.

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