While presenting the industrialists' expectations in the sitting which was taking place on Wednesday, analyst of the of the Lithuanian Confederation of Industrialists Aleksandras Izgorodinas said that the serious interest of Lithuania's companies in China's market was encouraged by the European Union (EU) market recovery and vague perspective of Russia's economy.
"Due to the vulnerable state of Russia's economy and expected EU market recovery, Lithuania's companies pay more attention to the new markets and especially China's market," said Izgorodinas.
While striving to strengthen and develop the economic and trade relations with china, the Confederation of Industrialists is establishing the Council of Lithuania-China Business. The Government plans to contribute to the activities of the council.
At the moment, the export to China makes up 0.45% of Lithuania's export.
