According to data for the first six months of this year China ranks second among Bulgaria’s trade partners outside the EU. This is what Deputy Minister Nikolay Pavlov said during a discussion organized by the China Media Group on the occasion of the 10th anniversary of the One Belt, One Road initiative.
The Ambassador of China to Bulgaria H.E. Dun Xiaojun and representatives of the Bulgarian-Chinese Chamber of Industrial Development were present at the forum.
During the discussion, Deputy Minister Pavlov said that in recent years the economic cooperation of our country with China has been developing at a rapid pace.
“We consider the development of bilateral trade and economic relations in the context of Bulgaria’s full membership in the EU and the fact that China is a strategic partner for the EU and for Bulgaria,” Nikolay Pavlov said.
He pointed out that our country is trying to attract investments from China in sectors that provide high added value by introducing innovations and that promote the competitiveness of the economy.
The Deputy Minister informed that the Bulgarian business continues to look for new markets in China, especially for products for which our country is known in Asia, such as agricultural and food products, essential oils and cosmetics, wine, mineral water, etc.
“I believe that more Chinese companies will benefit from Bulgaria’s advantages as a destination for business and innovation,” Nikolay Pavlov said. He also focused on the relationship between science and business and announced that it is among the top priorities of the Bulgarian government.