Premier urges Sino-EU investment fund launch

Premier Li Keqiang called on Monday for the establishment of a China-European Union joint investment fund and voiced support for stability of the euro.

Such a fund would boost bilateral investment and financial cooperation and show the international community that China and the EU would step up mutual investment cooperation and explore the third-country market, Li said.

"This also demonstrates China's unswerving support for the euro's stability as well as the solidarity and development of the EU," Li told visiting European Commission Vice-President Jyrki Katainen.