Thu, October 22, 2009
China > China & World > Chinese VP Xi Jinping visits 5 European nations

Chinese VP calls for enhanced China-Romania economic, trade cooperation

2009-10-19 15:11:07 GMT2009-10-19 23:11:07 (Beijing Time)  Xinhua English

BUCHAREST, Oct. 19 (Xinhua) -- Chinese Vice President Xi Jinping on Monday called for enhanced mutually beneficial cooperation between China and Romania.

Addressing the China-Romania Economic and Trade Forum, Xi spoke highly of the 60-year diplomatic ties between the two countries, saying the bilateral relations have enjoyed sound momentum.

Xi said that Chinese President Hu Jintao's visit to Romania in 2004 has raised the level of the bilateral relations to comprehensive friendly partnership of cooperation.

He cited several figures to expound the importance of economic and trade cooperation between the two countries, which included the bilateral trade volume that exceeded 3.2 billion U.S. dollars in 2008, almost 10 times as much as that of 2000.

In addition, China's overall investment in Romania has surpassed 300 million dollars by June this year, he said.

Under the current circumstances, Xi said that the two countries need to discuss thoroughly their future cooperation from the strategic and long-term perspective to elevate the bilateral cooperation of mutual benefit.

In this regard, Xi made a four-point proposal.

First, he suggested China and Romania cement traditional friendship and enhance cooperation of mutual benefit.

The bilateral economic and trade cooperation was built on the Sino-Romanian traditional friendship and has enjoyed a sound political foundation and a harmonious social environment, as well as new opportunities for development, he said.

The two countries should seize the opportunities, broaden common ground and deepen pragmatic cooperation to push for long-standing, stable and comprehensive development of the China-Romania cooperation, he added.

Second, the trade scale should be enlarged and trade structure be optimized. Entrepreneurs from both countries are encouraged to strengthen cooperation in an effort to make more products that meet market needs.

Romanian companies are welcome to increase their investment in China, Xi said.

Third, Xi suggested the two countries seek new ways of cooperation and expand cooperation scope, especially in the field of household electronic appliances, telecommunications, logistics, tourism, infrastructure.

The Chinese government encourages well-established Chinese companies to invest in Romania and participate in infrastructure construction in the country, Xi said.

Fourth, the two governments should improve their services and facilitate the enterprises to fulfill their role.

They have sealed a series of law documents concerning trade and investment and set up inter-governmental committee for economic cooperation, which could guarantee the bilateral trade cooperation, Xi said.

He urged both governments and organizations to build a platform, create a good environment and provide better services for cooperation between companies from both sides.

Speaking of China's measures to deal with the international financial crisis, the Chinese vice president said China is willing to continue working with the international community including Romania to strengthen macroeconomic policy coordination, push for the reform of the international financial system, oppose trade protectionism and make due contribution to world economic recovery, Xi said.

Xi arrived here on Sunday to start his official visit to Romania, which was the last leg of his five-nation European tour. He has already visited Belgium, Germany, Bulgaria and Hungary.

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