Bulgarian PM discusses investment opportunities with Chinese business representatives

Bulgarian Prime Minister Boyko Borissov met on Wednesday with representatives of three Chinese companies who are in the Balkan country to explore investment opportunities.

Representatives of the Chinese companies -- Alibaba Group, GS-Solar Company and GoldPoly Group -- said their interest in Bulgaria came as a result of the good relations that Borissov had established with the Chinese leaderships, the Bulgarian government said in a statement.

Bulgaria's high-level participation in the "16+1" cooperation mechanism has contributed to the intensification of bilateral business contacts in recent years, the statement said.

The "16+1" refers to China and the 16 Central and Eastern European (CEE) countries.

E-commerce giant Alibaba Group is mulling to set up a logistics center in Bulgaria to serve orders in Europe, according to the government statement.

Solar module producer GS-Solar Company considers establishing a plant for production of solar panels, it added.

In 2014, China and Bulgaria announced the establishment of an all-round friendly cooperative partnership in order to cement traditional friendship and promote cooperation between the two nations.