CHINA is likely to invest over US$1 trillion overseas and import more than US$10 trillion in commodities over the next five years, China Daily quoted Premier Li Keqiang as saying.

    Speaking to heads of Central and Eastern European nations at a summit in Suzhou on Tuesday, Li also said China could help provide more flexible funding conditions to those countries to upgrade their infrastructure, as long as they use Chinese equipment and products, according to the newspaper.

    Li said China was on track to reach its economic growth target of about 7 percent this year, and the economy was undergoing adjustments to maintain reasonable medium-to-long-term growth.

    The summit, attended by leaders of 16 Central and Eastern European countries, ended yesterday.(SD-Agencies)