China has an increasing interest in the countries of Central and Eastern Europe and in Ukraine: it is indicated by the presence of the big Chinese companies like COFCO, CNNC, CCEC, China Harbor Engineering Company in Ukraine, proposals to sign a free trade agreement and to launch a mutual visa-free regime. Since 2016 the economic relations started intensifying and in the recent years and China was rated as TOP-5 trade partner of Ukraine. A significant milestone in the bilateral Ukraine-China relations was a successful long-awaited meeting of the bilateral Inter-Governmental Commission in December 2017. Ukraine�s participation in �One Road One Belt� Initiative remains rather declarative though; there is no approved list of projects where Ukraine is named as the participant of the Initiative.