China, CEE need to tap more potential in 2025
2 weeks, 2 days ago

China, CEE need to tap more potential in 2025

China Daily  

SHI YU/CHINA DAILY China proposed the high-quality Belt and Road Initiative for tangible win-win cooperation between participants and to face challenges together at a time when the world was undergoing drastic changes and facing major challenges. At the 10th high-level symposium of Think Tanks of China and CEE countries in Beijing on Nov 29, Hungarian Prime Minister Viktor Orban's political director Balazs Orban said that the"16 plus 1" cooperation framework between China and CEE countries has changed into"7 plus 7 plus 1", with some countries viewing deepening of relations with China as a risk and others seeing in it opportunities. If the US withdraws from global climate governance, China and the CEE countries can continue cooperation and find new common ground. Seeking investment and project cooperation is important for CEE countries, especially when many of them are facing similar energy crises and high inflation while their economic development lags behind that of Western European countries. Since China has the willingness to expand openness and international cooperation, strengthening economic ties between China and CEE countries can help counter economic downturns.

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