BEIJING — China's trade with Bulgaria grew by 5.1 percent year-on-year in 2019 to $2.72 billion, said an official with the Ministry of Commerce on Jan 16.
Since the establishment of the China-Central and Eastern European Countries cooperation mechanism in 2012, China and Bulgaria have made positive progress in cooperation in trade, investment, agriculture, infrastructure and other fields, said Yu Jianhua, vice-commerce minister and deputy China international trade representative, at the China-Bulgaria Business Forum.
So far, China's investment in the country has amounted to $740 million.
China is willing to work with Bulgaria to tap the huge potential of the Belt and Road and advance bilateral economic and trade cooperation to a higher level, Yu said.