China-Belgium expand economic cooperation
Updated: 2013-09-26 23:13
By Tuo Yannan (chinadaily.com.cn)
|
||||||||
China has become the largest investment destination to Belgium, and the booming bilateral trade became the new highlight of the two countries' economic cooperation, said Liao Liqiang, China's Ambassador to Belgium on Wednesday.
According to him, the number of Belgian enterprises in China has reached more than 300 now, while one-third of them are having more than 20 percent profit.
Belgium is China's sixth-largest trading partner among all the 28 EU member countries. China, as Belgium's second-largest trading partner outside the EU, has rapidly increased its investment in the country. Cumulative non-financial direct investment from China was $140 million at the end of last year.
Last year, China invested $82 million in Belgium and Chinese enterprises have invested more than $650 million accumulatively in the country.
"Bilateral trade has risen from over $20 million in 1971 to $26.3 billion last year. Bilateral cooperation has gradually extended to cover various fields of economics and trade, science and technology, education and culture," the ambassador said.
- Making a wobbly stand on violence against women
- Serena Williams back to Beijing for new crown
- 'Battle of the sexes' to start China Open
- US astronaut praises China's space program
- Christie's holds inaugural auction
- Aviation gains from exchanges
- Early fish ancestor found
- Singers' son sentenced to 10 years for rape
Most Viewed
Editor's Picks
From China
|
News in review (Sept. 20-26) |
Flowing colors of 798 art district |
Nuclear plants see growth |
Nurses embark on journey to the West |
Fundamental challenges still remain |
Today's Top News
US arms sales to Taiwan still sticking point
US Senate panel drafting bill to limit NSA spying
Popularity of Brazilian president rebounds: poll
UN to draft resolution on Syria's chemical weapons
China urges package deal on Iran's nuke issue
Can the 'Asian pivot' be saved?
Trending news across China
US firms pin hopes on financial liberalization
US Weekly
Geared to go |
The place to be |