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Think tanks urge Sino-EU investment deal

By Zhuang Qiange and Chen Jia | China Daily | Updated: 2017-09-23 07:01

Chinese and EU think tanks have urged a fresh bilateral investment treaty, or BIT, between China and European Union members.

At the First China-EU CEO and Former Senior Officials' Dialogue on Friday, a proposal for China-EU business cooperation was put forward by the China Center for International Economic Exchanges, together with Brussels-based economic think tank Brugel, London-based Royal Institute of International Affairs and the Chinese University of Hong Kong.

"There is huge potential for bilateral trade and investments," said Zeng Peiyan, former vice-premier of the State Council, at the forum. "Setting up an effective bilateral scheme will play a vital role in promoting cooperation between the two sides and the global economy as a whole."

Think tanks urge Sino-EU investment deal

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