Hub for E-trade in Agricultural Produce between China, CEE Countries to Open in Plovdiv A logistics hub for e-trade in agricultural produce between China and Central and East European (CEE) countries will open by the end in November
in Plovdiv's Trakia Economic Zone. This transpired during the third working meeting of regional governors under the 16+1 initiative for cooperation between Central and Eastern Europe and China. In 2016, Chinese investment in the EU stood at 35.1 billion euro, an increase of 76 per cent. According to central bank data, in 2015 Chinese investments in Bulgaria stood at 2.9 million euro and in 2016 they were negative - minus 3.3 million euro. In 2016, Bulgarian exports to China declined by 20 per cent, from 612 million dollars to 479 million dollars, said Krustyo Belev, head of the Bulgarian-Chinese Business Development Association.
Source: BTA daily, 20/10/2017