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The bilateral economic
relations between China and the Netherlands are blossoming
these years. Both Premier Zhu Rongji and Deputy
Premier Li Lanqing visited the Netherlands in 2000 and held
meetings with Dutch entrepreneurs. In the second half of
2001, a large economic mission of Dutch entrepreneurs headed
by Vice Prime Minister and Minister of Economic Affairs H.E.
Mrs A. Jorritsma paid a successful visit to Beijing,
Shanghai and Wuhan of China.
According to the statistics of
the Chinese Customs, The total value of import and export
between China and the Netherlands reached USD7.923 billion
in 2000, up 23.3% as against the previous year. According to
Dutch statistic, China is the second largest trade partner
of the Netherlands in Far-East and the Netherlands also
ranks the fourth in the European Union in terms of
investment in China.
The
economic and technological cooperation between China and the
Netherlands is concentrated on, among others, agriculture,
chemicals, electronics, communications, water conservancy
and food processing. By the end of June 2000, the directly
invested projects by the Netherlands in China had topped 764
with a contractual sum of USD4.481 billion and an actual
input of USD2.416 billion.
In
October 2000, China and the Royal Dutch Shell Group of the
Netherlands signed an agreement concerning the petroleum and
chemical projects in the South China Sea with a total sum of
more than USD 4 Billion.
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