Second, we need to give a greater play to production-capacity cooperation. The CEE region now faces the task to upgrade its transportation, electricity and other infrastructure as well as industrial equipment. However, due to the lack of funding and other constraints, the market demand is yet to be unlocked. Some developed countries may have advanced key technologies and equipment, but their equipment sets and products are fairly expensive. China, on its part, has quality production capacity in automobile, iron and steel, shipbuilding, chemicals, port equipment, construction machinery and can offer quality products at relatively low cost. And China is strong in construction capacity and supporting services and can meet the environmental standard of CEE countries. To develop three-way cooperation by combining China's quality production capacity with CEE countries' development needs and the key technologies of the western European countries will not only enable CEE countries to speed up development and create more jobs at a lower cost and to boost industrial upgrading in China, but also contribute to more balanced development within Europe and accelerate European integration. China is also willing to discuss with the Baltic countries the possibilities of cooperation in high-speed railway construction and may consider purchasing some key equipment from western European countries. During my visit to France last June, the two countries reached an agreement on jointly exploring third-party market for nuclear power cooperation. A combination of China's strong equipment manufacturing and supporting services and the advanced French nuclear safety technologies will offer a good value-for-money nuclear power solution with sound safety standards. China is also ready to respond to the aspirations of CEE countries to connect the Baltic, Adriatic and Black seas. Cooperation may start with the upgrading of ports, including the development of industrial clusters at ports where conditions allow.
Third, we need to create new highlights in the trade of special agricultural products. China is a major consumer of agricultural products. There is great potential for our cooperation with the CEE region in deep processing of meat, dairy, wine and other agricultural and sideline products as well as in breeding, farming and processing in the animal husbandry sector. China will create conditions to import more goods, especially farm products, from CEE countries. We also welcome the participation of CEEC companies in the China-CEEC Investment and Trade Expo and other trade fairs, so that they can introduce more green products to the Chinese market. We are ready to step up quarantine and inspection cooperation with CEE countries to facilitate trade in agricultural products and improve trade balance.
