Investment in Europe sees explosive growth

China's investment in European Union countries has seen explosive growth in the past few years, a senior business official said.

"China's non-financial direct investment in the European Union reached $9.1 billion from January to October, which is triple that of the same period last year," said Xu Zhengbing, chief of the Commerce Ministry's European Union division of the Department of European Affairs.

China and the EU are accelerating the implementation of the EU-China 2020 Strategic Agenda for Cooperation signed last year, especially in the services and cultural trade sectors, Xu said.