The Association for the Promotion of Agricultural Cooperation between China and Central and Eastern European (CEE) countries was officiated a few days ago. In recent years, the cooperation between China and CEE has been strengthened continuously as the trade in agricultural products continues to grow while the cooperation on agricultural technology is ongoing. Anbound research team is of the view that the agriculture and the food processing industry in CEE have great potential because of its excellent geographical conditions and strong basic industry coupled with the supportive policy from the local governments. However, care must be given to both problems arising from the policy and the investment technique.