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China, EU stress need for stronger economic ties.

BBC Monitoring International Reports

| February 15, 2012 | COPYRIGHT 2001 BBC Monitoring. (Hide copyright information)Copyright

Text of report in English by official Chinese news agency Xinhua (New China News Agency)

Beijing, 14 February: Leaders of China and the European Union (EU) on Tuesday [14 February] underscored the importance of beefing up economic and trade cooperation in the context of the stagnant world economy.

The call came from the 14th China-EU summit in Beijing, which was attended by Chinese Premier Wen Jiabao, European Council President Herman Van Rompuy and European Commission President Jose Manuel Barroso.

"It is currently the most urgent task for China and the EU to enhance economic and trade cooperation," Wen said at a press conference after the summit, during which he raised a five-point proposal to the EU side in this respect.

He suggested that the two sides should expand mutual investment, promote the balanced and sustainable …

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