Chinese companies seeking investment opportunities in Europe

Our correspondent recently learned from China's electromechanical products import and export Chamber of Commerce, led by the National Ministry of Commerce, Chinese entrepreneurs and a number of industry organizations, "China Trade and Investment promotion Group" has arrived in Europe, during the visit to Portugal, the two sides jointly held a forum on economic and trade cooperation and business fairs,　　and signed a series of business contracts and cooperation intention agreement.　　According to the introduction, trade and investment to discuss the exchange of activities for 10 days, this is also the fourth time this year, the organization of large-scale enterprises "go out." In this Investment promotion regiment, both the strength of large enterprises, there are many have the foreign investment, carry out international business capacity and interest in the development of overseas markets, SMEs are willing to work with European partners to carry out investment, trade, technology and other forms of mutually beneficial cooperation.　　During the visit to Europe, China Trade and Investment Promotion group will hold bilateral economic and trade cooperation forum and entrepreneur negotiation activities in Portugal, Italy, Sweden and Finland respectively. "The enthusiasm of SMEs for overseas investment is very high, and many enterprises have already had a certain strength." "Wenzhou Shoe Leather Association, a person in charge, said that in the last month, some Wenzhou private enterprises have spontaneously organized a delegation to Italy for brand acquisition and investment in trade negotiations, and the recent French fashion brand Cardin announced the sale also caused a number of Wenzhou enterprises interest. This time, in addition to business representatives in the Trade and investment Promotion Group, there are Ministry of Commerce, Ministry of Foreign Affairs, Ministry of Finance, Ministry of Industry, Ministry of Railways, Ministry of Environmental Protection and other government departments, as well as China Foreign Trade Center, China's electromechanical, soil, textile, minmetals, light industry and other　　will provide greater facilities for SMEs to seek investment opportunities. At present, the EU is China's largest trading partner, the first major source of technology and the fourth largest real investment source, China is the EU's second largest trading partner. Statistics show that 2009 1-May, the Sino-European trade volume amounted to 129.26 billion U.S. dollars, accounting for 16.9% of China's total foreign trade, higher than 2008 16.6%.