China looks for a place in EC investment fund

Expert says move reflects shared hopes by both sides 'to drag global economy out of stagnation'

Brussels and Beijing are discussing the possibility of Chinese involvement in the European Commission's 315 billion euro ($354.8 billion) investment plan for 2015-17, a senior European Commission official told China Daily on Monday.

The EC official, who did not want to be identified, said, "In the context of the Investment Plan for Europe, the commission has been contacted by stakeholders from outside Europe but no concrete figures or proposals have been presented."