As the fourth China-Central and Eastern European Countries (CEEC) Expo & International Consumer Goods Fair approaches, trade cooperation between China and 17 CEEC partners continues to showcase remarkable growth. The event, set for May 22–25 in Ningbo, Zhejiang Province, marks a decade of collaboration under the China-CEEC mechanism established in 2012.
Recent data highlights a 22% year-on-year increase in bilateral trade volume in 2023, with agricultural imports from CEECs like Hungarian wine and Polish dairy products gaining popularity in the Chinese mainland. Meanwhile, Chinese green technology and infrastructure investments have accelerated development in Central and Eastern Europe, creating over 30,000 local jobs since 2018.
Analysts note the expo’s role as a bridge for SMEs and cross-border e-commerce, with over 3,000 exhibitors expected this year. 'This platform isn’t just about trade—it’s about shared innovation,' said a Chinese Ministry of Commerce representative. Cultural exchanges, including a CEEC film festival, will also spotlight regional ties.
For investors, the expo signals opportunities in logistics, renewable energy, and consumer goods. Academics emphasize its geopolitical relevance, as China-CEEC trade now accounts for 12% of the EU’s total trade with Asia.
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Graphics: China-CEEC trade cooperation sees fruitful results
cgtn.com