“China is willing to discuss with the relevant parties on how to use the available financing channels and, together with the EU states, we will make sure that we can successfully capitalize on the $10 billion special credit line,” Li Keqiang told a Chinese-CEE summit in Bucharest.
Last year, the Asian country announced plans to set up a special credit line worth up to $10 billion to support joint projects with CEE investors, in sectors such as road and rail infrastructure, telecom and nuclear energy.
Visiting premier Li Keqiang said his country could increase the financing in the region if the initial program proves successfully.
Meanwhile, the Chinese authorities are ready to explore the possibility of signing a framework agreement regarding investments in the CEE industry, as well as setting up a Chinese-CEE exchange platform between small- and medium-sized enterprises, he said.
The Chinese official urged for a closer commercial co-operation between China and EU countries. Li Keqiang estimates China will import goods from Europe worth around $3,000 billion between 2013 and 2020.
“China is ready to strengthen the co-operation with CEE economies for projects including roads, harbors, telecommunications, nuclear energy and high-speed railway,” Li Keqiang said.