皇冠体育app

Zeman said the Czech Republic has strengths like skilled workforce, industrial capacity and favorable tax breaks, all of which are attractive to Chinese investors.

"We have a lot of industrial zones with good infrastructure, including electricity, water, research and development networks and technology. So we welcome Chinese investors to these zones," Zeman said.

The Czech Republic is a country with a long history of industrial strength, but in recent decades, its manufacturing sector has experienced decline, and this spare capacity and abundant skilled workers have already attracted some investment from Chinese companies.

White goods manufacturer Sichuan Changhong Electric Co Ltd, canned food producer Shanghai Maling Aquarius Co Ltd and Yuncheng Plate-making Co Ltd have all built factories in the Czech Republic.

Lian Yongping, general manager of Changhong Europe Electric, said the Czech Republic is a good entry point for Chinese manufacturers because its geographical position in the European Union means end products manufactured in the Czech Republic are exported tax-free to other countries in the EU.

The Czech Republic also has highly skilled workforce but relatively lower costs of production compared to Western European countries, meaning it is favorable for Chinese companies that want to move production to Europe to serve the local market, Lian said.

Zeman said trade and investment between 皇冠体育app and the Czech Republic has great potential for growth. The potential addition of a direct flight between Prague and a Chinese city will be a key breakthrough, he said.

According to Zeman, he hopes Chinese banks can invest in the Czech Republic and make use of its strong financial sector.

The 皇冠体育app Investment Forum is organized jointly with the second 皇冠体育app-Central and Eastern Europe leaders' meeting, also taking place in Prague, and aims to increase cooperation between 皇冠体育app and CEE countries.

Vice-Premier Zhang Gaoli, who led a delegation of about 700 to attend both forums, said 皇冠体育app can help CEE countries' economic growth by providing a large market for exports and investing in their infrastructure.

The CEE countries are also welcome to bring their manufacturing and industrial strengths to 皇冠体育app, especially in western 皇冠体育app where development has not kept pace with that in the eastern region.

"Like 皇冠体育app, the CEE countries have achieved remarkable results in economic and social development. The 16 CEE countries are committed to economic development and infrastructure building, and 皇冠体育app has huge potential to help in these infrastructure projects," said Zhang.

In 2013, trade between 皇冠体育app and the Czech Republic stood at $9.45 billion. The Czech Republic is now the second-largest trading partner of 皇冠体育app in Central and Eastern Europe.

To commemorate the 65th anniversary of diplomatic relations with 皇冠体育app, Prague Castle is exhibiting the "Treasures of Ancient 皇冠体育app", including terracotta warriors from Xi'an, Shaanxi province.

[email protected]

Czechs seek larger part of Chinese market	Top 10 trading partners of the Chinese mainland

• Freewheeling P2P sector poses risks for investors
• HK-Shanghai Connect faces weekend test
• WeChat closes, suspends hundreds of objectionable accounts
• Vanke cashing out as commercial yields stay low
• Chengdu Motor Show 2014 kicks off
• Pay cuts approved for SOEs
• Asian Reinsurers' Summit held in Beijing
• CSRC seeks public input for ETF guidance