The 2006 European Union (EU)-Asia Investment Forum is to be held on November
6 and 7 in Chengdu, capital of southwest China's Sichuan Province.
A
source with the organizing committee said commercial organization
representatives from the 25 EU states and a dozen Asian countries would attend
the forum to discuss trade and investment between the EU and Asia.
The
forum will be jointly sponsored by the EU Chamber of Commerce and China Council
for the Promotion of International Trade. The previous two forums were held in
Colombo and Bangkok.
A China-EU investment and trade fair will be held
two days after the forum with an aim to enlarge cooperation between corporations
in China and the EU.
More than 800 small and medium-sized firms from
China and the EU are expected to hold 5,000 face-to-face business talks during
fair on November 9 and 10, making it the largest such event in the history of
Sino-EU economic cooperation.
The Chinese companies cover the sectors of
agriculture, tourism, health care, environmental protection, factory equipment,
construction equipment, information technology and electronics.
Despite
recent trade disputes, China-EU trade exceeded 200 billion U.S. dollars last
year and the EU has become China's largest trade partner.
The fair will
be jointly sponsored by the European Commission, the China Council for the
Promotion of International Trade and the Sichuan provincial
government.
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