China-Ukraine cooperation has potential, Ukraine expects more Chinese investment

Seetao 2019.12.09
  • The Ukrainian Investment Opportunity Recommendation Conference held on December 6, 2019, related to Ukrainian investment fields.

Ukraine and China are both important trading partners. The two countries have cooperated quite a lot under the Belt and Road Initiative, especially in the areas of infrastructure construction and new energy development. In recent years, the bilateral trade has achieved excellent results. In 2018, the bilateral trade volume between Beijing and Ukraine was US $ 900 million, an increase of 32.7% year-on-year. From January to October 2019. The bilateral trade volume between Beijing and Ukraine reached US $ 840 million, a year-on-year increase of 11.5%.

In this regard, on December 5, 2019, the Ukraine Investment Opportunity Recommendation Conference was held in Beijing. The meeting exchanged and discussed the related policies of investment in Ukraine, opportunities for new energy investment, and investment in agricultural infrastructure.

Ukraine expects to attract Chinese investment

Since the establishment of diplomatic relations between China and Ukraine on January 4, 1992, the two countries have made significant achievements in various fields. Zhang Gang, deputy director of the Beijing Municipal Bureau of Commerce, said that the friendship between the peoples of the two countries has continued to deepen, and under the Belt and Road Initiative, the two countries have launched multi-field cooperation.

Counsellor Sergeyenko Andrei, director of the Economic and Commercial Section of the Ukrainian Embassy in China, also mentioned the corresponding achievements made by the two sides in recent years. In 2018, the trade volume between Ukraine and China was 9.57 billion US dollars. In the nine months of 2019, bilateral trade volume was US $ 9.19 billion. With regard to such a developing economic situation, Ukraine takes a positive attitude towards cooperation with China in various economic and trade fields, and they hope that they can attract Chinese investment. Editor / Zhang Xianglong