A Sino-EU summit, called off by Beijing after French President Nicolas Sarkozy met with the Dalai Lama last December, will be held in Prague in May, the Czech ambassador to China said yesterday.

It is the fist time the timeframe and venue of the summit have been spelled out; and Chinese analysts said it's a signal that both sides wish to collaborate in the battle against the global financial crisis.

Chinese officials have not confirmed participation in the summit but during Premier Wen Jiabao's visit to the EU headquarters in Brussels on Jan 30, the two sides agreed to hold the 11th Sino-EU summit before the end of June.