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China and CEEC pull together

Editor: Li Kun 丨CCTV.com

12-03-2015 16:45 BJT

By Zhou Dongyao, Researcher, Center for World Affairs Studies,  Xinhua News Agency
 
The 4th Meeting of Heads of Government of China and Central and Eastern European Countries (CEEC) was held in  Suzhou City, east China on Nov. 24 to 25. Chinese Premier Li Keqiang chaired the summit.

On Nov.26, Chinese President Xi Jinping met with 16 leaders of CEEC in Beijing, and witnessed the signing of five Memorandum of Understandings (MoUs) with Poland, Serbia, Czech, Bulgaria and Slovakia on jointly promoting the Silk Road Economic Belt and 21st Century Maritime Silk Road initiative.

It is a tough year for Europe. While the weak economic recovery, Ukraine crisis, Greek debt crisis have not been resolved yet, the refugee tide and latest Paris terrorism incident have started to impact CEEC.

Meanwhile, since the readjustment of economic structure and upgrading of infrastructure for CEEC have become more urgent, China's "Belt and Road" initiative and "16+1" mechanism conform to both parties' cooperation requirements and development characteristics.  

At the opening ceremony, Premier Li proposed a "1+6" cooperation framework for bilateral cooperation, which includes one goal and six priorities to build a new model of partnership that features openness, inclusiveness and win-win outcomes.

To implement the roadmap for advancing cooperation; promote synergy between development strategies and connectivity; set new examples for cooperation on production capacity; keep looking for new ways on investment and financing cooperation; promote trade and investment; expand people-to-people and cultural exchanges.

After the summit, China and the 16 Central and Eastern European countries together issued the Medium-term Plan for Cooperation and the Suzhou Guidelines for Cooperation.

It is better to see in person than to hear many times. On Nov. 25, Li invited CEEC leaders to take the Chinese high-speed train together. They took a 20-odd-minute ride from Suzhou North Railway Station to Shanghai Hongqiao Railway Station, covering a distance of about 100 kilometers.

When the speed reached over 300 kilometers-per-hour, foreign leaders appreciated its stability and comfort. In the carriage, Li and other leaders held friendly talks. Li emphasized China-CEEC cooperation is like a train, which has gradually accelerated since starting its journey three years ago and has now entered a fast track.

Over the past decade, trade volume between China and CEEC has septupled, reaching 60 billion US dollars in 2014. China's investment in CEEC exceeded 5 billion US dollars covering machinery, chemical industry, telecommunications and more.

The Shenzhen-based information and communication technology Huawei Company has established more than 10 subsidiaries in CEEC, providing employment for locals. Two Chinese diesel locomotives entered Estonia last year and have enjoyed good reputations.

Li noted that China and CEEC have opened a new avenue of cooperation between China and European countries.

Both sides have advanced 16+1 cooperation covering the economy, trade, investment, infrastructure, finance, tourism, education, agriculture, culture, local cooperation and many other areas, which is getting more enriched to benefit its members and their peoples.

In a bid to dissolve misunderstandings, the summit invited observers from Greece, Austria, European Union (EU) and European Bank for Reconstruction and Development (EBRD).

The 16+1 cooperation has moved in parallel with the greater interests of China-EU cooperation, showing commitment to achieve all-win outcomes for China, Central and Eastern European countries and the EU, and has explored a new model of practical cooperation among countries in different regions of the world that have different systems.

 

( The opinions expressed here do not necessarily reflect the opinions of Panview or CCTV.com. )

 

 

Panview offers a new window of understanding the world as well as China through the views, opinions, and analysis of experts. We also welcome outside submissions, so feel free to send in your own editorials to "globalopinion@vip.cntv.cn" for consideration.

Panview offers an alternative angle on China and the rest of the world through the analyses and opinions of experts. We also welcome outside submissions, so feel free to send in your own editorials to "globalopinion@vip.cntv.cn" for consideration.


 

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