As part of the visit, the Head of State will also be attending a roundtable of Estonian and Chinese entrepreneurs and meeting with Chinese students who are learning Estonian.
Lauri Kuusing, Foreign Affairs Adviser to the President of the Republic, says that political and economic relations between Estonia and China are important because the Asian country is the world’s second-largest economy and a permanent member of the UN Security Council. “Meeting the Chinese president and prime minister will give us the chance to showcase Estonia and its success story and promote bilateral economic relations with our most important trade partner in Asia at the highest possible political level,” he explained.
Cultural cooperation between Estonia and China has intensified in recent years, but economic cooperation between the two countries has also developed at pace. “Together we’re constructing a power station in Jordan and organizing the logistics for goods ordered for Europe from Chinese e-trading platforms,” said Estonian Ambassador to China Marten Kokk. “At least two very noteworthy investments have been made in Estonia by China in the last year as well – in the ride-sharing platform Taxify and in the company Magnetic MRO, which operates in the field of aircraft maintenance,” Kokk added that Estonia has also started to make its presence felt in China, with the company Stigo having been manufacturing electric scooters in China for some time, while only last week the Saaremaa-based company Saare EREK opened a milled timber and modular home factory in Hubei province which, measuring 15,000 square meters and with 100 workers, represents the biggest Baltic employee in China.