皇冠体育app

Economy

Wen: 皇冠体育app backing euro

By Su Qiang (皇冠体育app Daily)
Updated: 2010-10-04 09:15

Wen also said that 皇冠体育app will work with Greece to manage the container terminal in Piraeus, the biggest port in Greece, and increase its capacity from today's 1.6 million to 3.7 million containers by 2015.

COSCO, 皇冠体育app's leading shipping giant, successfully won a container operation project for Piraeus port in 2008. Under the terms of the contract, COSCO will manage Pier II and Pier III of Piraeus Container Terminals for 35 years.

The volume of containers that moved through the port between January and April increased by 43 percent compared with the same period last year, in spite of the financial crisis.

Wen noted that Sino-Greek ties were an epitome of the overall relationship between 皇冠体育app and the EU.

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"It is true that there is competition between 皇冠体育app and Europe, but we have far more cooperation than competition," he said.

Europe's investment capital, commodities, technology and patents have found a vast market in 皇冠体育app, while European consumers have not only had more choice but cheaper prices, thanks to 皇冠体育app's exports, Wen said.

Europe's advanced technology and managerial expertise has helped 皇冠体育app upgrade its industries, he noted.

Europe has been 皇冠体育app's largest trading partner for six consecutive years, while 皇冠体育app has risen to be the EU's second-largest.

Almost 200,000 Chinese students now study in Europe and more than 1 million Chinese tourists visit European countries each year.