B&R News: China and the EU agree to enhance synergies between the Belt and Road Initiative and the Investment Plan for Europe
8 Jun 2017

Chinese Premier Li Keqiang (C), European Council President Donald Tusk (L) and European Commission President Jean-Claude Juncker co-chair the 19th China-EU leaders' meeting in Brussels, Belgium, June 2, 2017. [Photo/Xinhua]


H.E. Li Keqiang, Premier of the State Council of the People's Republic of China, H.E. Donald Tusk, President of the European Council, and H.E. Jean-Claude Juncker, President of the European Commission, met in Brussels on 1 and 2 June 2017 for the 19th China-EU Summit. Premier Li and President Juncker jointly attended the China-EU Business Summit, China-EU SMEs Matchmaking Event and China-EU Dialogue on Innovation Cooperation.


The leaders of the two sides applauded the positive outcomes of the summit, and commended the fruitful progress of China-EU relations in politics, economy, culture, people-to-people and other fields. Following the principles of mutual respect, equality, mutual trust and mutual benefit, the two sides will continue to make full use of the 70 or so China-EU dialogue and cooperation mechanisms, including the Summit, the High-Level Strategic Dialogue, the High-Level Economic and Trade Dialogue and the High-Level People-to-People Dialogue, enhance the partnerships for peace, growth, reform and civilization, and further expand bilateral, regional and global cooperation.


China and the EU reached a series of new cooperation initiatives on deepening China-EU Comprehensive Strategic Partnership for mutual benefit.


The two sides agreed to enhance synergies between the Belt and Road Initiative and the Investment Plan for Europe, and welcomed the signing of the Memorandum of Understanding Aiming at Facilitating a Co-investment Framework by China's Silk Road Fund and the European Investment Fund and the establishment of the China-EU Joint Investment Fund. The two sides committed to pushing forward relevant cooperation in the framework of multilateral development institutions such as the Asian Infrastructure Investment Bank, the European Investment Bank and the European Bank for Reconstruction and Development.


Source: Excerpted from List of outcomes of the 19th China-EU Summit released by Xinhua News Agency