Tapping potential of joint production capabilities
Promoting international cooperation in production capacity is the theme of Premier Li Keqiang's visit to Europe. Deepening China-EU cooperation in production capacity will turn a new chapter in their pragmatic cooperation and contribute to the growth of the two economies and the world economy at large.
At the 17th China-EU leaders' meeting held on Monday in Brussels, the two sides expressed great interest in aligning the European Fund for Strategic Investments, known as the Juncker Plan, with the initiative for international production capacity cooperation championed by Li, and jointly seek cooperation with third parties.
The alignment will allow China's comparative advantages in production capacity and equipment manufacturing to be combined with the advanced technology of European economies, and thus open up new horizons for multilateral cooperation.
