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Learn mandarin - Macroeconomy: China, Belgium sign MOU on direct equity investment fund

BIZCHINA / Biz Media Digest

Macroeconomy: China, Belgium sign MOU on direct equity investment fund

(Xinhua)
Updated: 2007-06-27 13:43

Chinese Vice Premier Wu Yi and visiting Belgian visiting Crown Prince
Phillipe on Tuesday signed a memorandum of understanding on setting up a
Belgium-China direct equity investment fund.

Related readings:
China-EU trade hits US$272.3 billion in 2006
EU for greater market access
Sino-Belgian economic cooperation

The fund is expected to help Chinese companies to invest in Belgium and
other member countries of the European Union, according to a statement
issued by Chinese Commerce Ministry.

In 2006, China-Belgium trade totaled US$14.2 billion, according to
China's Commerce Ministry.

Crown Prince Phillipe said his economic delegation had attended a string
of business seminars and negotiations during the two-week tour, producing
substantive results.

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