16+1 cooperation open and transparent: Chinese premier

Chinese Premier Li Keqiang (R) and German Chancellor Angela Merkel meet with journalists at the Great Hall of the People in Beijing on Tuesday, May 24, 2018. [Photo: Xinhua]

The 16+1 cooperation carried out within the framework of China-Europe relationship and under European Union (EU) laws and regulations is open and transparent, Chinese Premier Li Keqiang said Thursday.

Li made the remarks when meeting with journalists together with German Chancellor Angela Merkel after they held talks in Beijing.

Li said the 16+1 cooperation, a cooperation mechanism between China and 16 Central and Eastern European (CEE) countries, is an important part and beneficial supplement of China-Europe relations.

It is conducive to the common development of China and the CEE countries, a more balanced development of Europe, and the European integration process, he said.

China has always firmly supported the European integration and believes that a united, stable, prosperous EU and a strong euro are in China's fundamental interests, Li said.

"The 16+1 cooperation has always been carried out within the framework of China-Europe ties and under relevant EU laws and regulations. It is open and transparent," Li said, adding that China and Germany should combine their complementary advantages with the development needs of the CEE countries in order to explore third-party market cooperation.

Merkel said the 16+1 cooperation is a beneficial platform that enhances the infrastructure construction in the CEE countries.

She also said the advantages of the CEE countries and China complement each other and the 16+1 cooperation can benefit the EU, rather than split it.