BUSINESS China's trade with Bulgaria up 5.1 pct in 2019

BUSINESS

China's trade with Bulgaria up 5.1 pct in 2019

Xinhua

20:53, January 16, 2020

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File photo: VCG

BEIJING, Jan. 16 (Xinhua) -- China's trade with Bulgaria grew by 5.1 percent year on year in 2019 to 2.72 billion U.S. dollars, said an official with the Ministry of Commerce on Thursday.

Since the establishment of the China-Central and Eastern European Countries cooperation mechanism in 2012, China and Bulgaria have made positive progress in cooperation in trade, investment, agriculture, infrastructure and other fields, said Yu Jianhua, vice commerce minister and deputy China international trade representative, at the China-Bulgaria Business Forum.

So far, China's investment in the country has amounted to 740 million U.S. dollars.

China is willing to work with Bulgaria to tap the huge potential of the Belt and Road and advance bilateral economic and trade cooperation to a higher level, Yu said.

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