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People's Daily Online>>Opinion

Chinese investments benefit European companies

By Sun Tianren (People's Daily)

11:50, November 26, 2011

Edited and Translated by People's Daily Online

The first China-E.U. Business Cooperation Forum, also known as the Antwerp Forum, was held in Antwerp, Belgium from Nov. 22 to Nov. 23.

The trade value between China and Europe reached 480 billion U.S. dollars in 2010 and is expected to hit 570 billion U.S. dollars in 2011, said Sun Yongfu, director of the European Affairs Department of the Ministry of Commerce of China, said during the forum. The European Union has beeen China's largest trade partner for seven consecutive years.

Chinese enterprises have 70,000 employees in Europe

Chinese enterprises in Europe mainly specialize in the service sector, particularly in labor-intensive fields such as wholesales trade, retail sales, foods and beverage. This means that Chinese enterprises are mostly at the initial period of international expansion, and their business activities are closely associated with China's export-oriented economy.

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JH at 2011-11-2767.173.57.*
Aint that America! Land of the need, baby!
romanov at 2011-11-2780.94.16.*
2011-11-26.Advice a counselling chinese investors in UE and Russia.Western customs'How to make well business?Need to give backhander to you matter to end take backhanders a local official on the to place you in front lobbist.lobbist it worker secret service.Another way to have problem nnot to give not any promise and to throw put stumbling block's you way.they mafio's society.Own pocket not states a such idea.

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