China is expanding trade ties with Europe by increasing imports of agriculture goods in a move that experts say won’t completely offset pressures from the trade war with the U.S. but could deliver a message that China is continuing to further open its economy, according to an article on GlobalTimes.com.
Chinese Premier Li Keqiang on Sunday wrapped up his trip to Bulgaria with a clear message; China will further consolidate relations with European countries and safeguard the multilateral trade regime.
During his visit to Bulgaria’s capital Sofia, Li attended the seventh leaders’ meeting of China and 16 Central and Eastern European Countries (CEECs), and held bilateral meetings with CEEC leaders, the Xinhua News Agency reported.
Li told CEEC leaders that China will increase imports of high quality agriculture goods from CEECs, including meat, dairy products, honey and wine, to serve the increasingly diversified demands of Chinese consumers, the General Administration of Customs said on its Weibo account on Monday.
Even if there were not a trade war with the U.S., China would surely promote trade in agricultural products with CEECs, Bai Ming, a research fellow at the Chinese Academy of International Trade and Economic Cooperation, told the Global Times on Monday.