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Stronger trade, higher investment will boost China-EU relations

By Fu Jing | China Daily | Updated: 2017-03-28 07:32

Citing data, some Belgian media outlets have reported that Chinese investors in Belgium have created up to 18,500 jobs for local residents. And on average one Chinese investor has contributed 1 million ($1.08 million) in revenue, reflecting the high productivity and profit-making capability of Chinese investment.

Some Central and Eastern European countries are facing labor shortages partly because of growing Chinese investment in manufacturing and the end of European Union's economic stagnation. In the past five years, Huawei, for example, has created up to 12,000 jobs in the EU.

Last week, Belgium and Hungary became full-time members of the China-led Asian Infrastructure Investment Bank, which means one-third of the bank's 70 members are from Europe. And the development path of the AIIB suggests cooperation among members will deepen to bring Asia, Europe and Africa closer.

Stronger trade, higher investment will boost China-EU relations

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