China's state planner signs letter of intent to cooperate with European corporate giants

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China's state planner signs letter of intent to cooperate with European corporate giants
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BEIJING : China's state planner this week signed letters of intent in Berlin on cooperation with European corporate heavyweights in areas ranging from aviation and chemicals to automobiles, as the world's second-largest economy seek to lobby for stronger ties with Europe. European companies including Airb

BEIJING : China's state planner this week signed letters of intent in Berlin on cooperation with European corporate heavyweights in areas ranging from aviation and chemicals to automobiles, as the world's second-largest economy seek to lobby for stronger ties with Europe.

The Chinese state planner said it will work with the relevant companies to advance cooperation in areas including sustainable aviation fuel, low-carbon product production, and new-energy vehicles. The talks had came under fire as critics say the symbolism is not appropriate anymore given rising tensions between the West and China, and as the European Union is seeking to reduce its dependence on the Asian powerhouse.

Li, who was on his first overseas visit since becoming premier in March, had warned against any economic decoupling from Beijing.

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