On the morning of November 7, China Council for the Promotion of International Trade (CCPIT) together with SE "Enterprise Lithuania" and SE "Invest Lithuania" held the Lithuania-China business forum and B2B meetings in Vilnius, Lithuania. As a member of CCPIT, we participated the forum together with the delegation.
Cornelius, the Lithuanian Minister of Economy made a speech; he welcomed the Chinese entrepreneurs’ delegation in the 20th anniversary of establishment of diplomatic relations. China-Lithuania trade and economic relations have made great progress, but there are still trade imbalances.
The convening of this forum is just the beginning; the Lithuanian Ministry of Economic Affairs will hold similar events to promote the pragmatic cooperation between enterprises neutral.
Wan Jifei, the president of CCPIT, said that Lithuania is China's largest trading partner in the Baltic region. The trade of both parties has emerged from the financial crisis by the joint efforts of two governments and the business communities,showing a strong growth momentum. Mutual investment and cooperation are also increasing.
There still exists huge potential in mutual trade and investment, both sides should focus on the following areas continue to work together: first, to promote trade diversification, and promote balanced development of bilateral trade; Second, to expand cooperation to expand bilateral investment; Third, the use of superior geographical advantages of Lithuania, the Baltic and Central and Eastern European markets open up. President Wan stressed that neutrality is full of potential economic and trade cooperation, China CCPIT is willing to invest with Lithuania Business Administration Department and to work together for the matchmaking between enterprises, and actively promote bilateral trade, investment and technology cooperation in various fields, thus to further promote bilateral economic and trade field to win more business development.

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