China-Portugal to double bilateral trade in five years

09:29, November 08, 2010      

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Chinese President Hu Jintao expects trade between China and Portugal to double by 2015 to further boost their economic and trade relations as part of the comprehensive strategic partnership between the two countries.
In his meeting with Portuguese President Anibal Cavaco Silva in Lisbon on Nov. 6, Hu put forward four propels to make concerted efforts to further boost the Sino-Portugese five-year-old comprehensive strategic partnership to better benefit their peoples against the backdrop of a complex and volatile international situation.
Hu firstly expects the two sides to strengthen mutual political trust and strategic cooperation by bolstering high-level exchanges and broadening communication between governments, legislatures and political parties of the two countries.
Meanwhile, China is confident that Portugal will continue to play an active and important role in securing a healthy and steady development of China-EU relations, he said.
Secondly, he called upon the two sides to shore up economic cooperation and try to double bilateral trade by 2015. He said China is ready to explore with Lisbon ways to upgrade China's economic and trade cooperation with other Portuguese-speaking nations.
Next on Hu's priorities list is that the two sides should step up people-to-people exchanges and further deepen the friendship between the Chinese and Portuguese peoples.
The two sides should make full use of their rich cultural resources to carry out diverse cultural exchange programs so as to bring China-Portugal friendship closer to the publics of the two countries, he said.
The Chinese president also proposed that Beijing and Lisbon beef up cooperation on international affairs and jointly contribute to the construction of a harmonious world.
Portuguese President Silva said currently the strategic mutual trust between the two countries has been deepening, and their trade and economic cooperation are developing smoothly, adding that he wishes both sides to further achieve the potential to enhance trade and investment with each other, and expand pragmatic cooperation in various fields.
Portugal is willing to conduct mutually beneficial cooperation with China as well as with any third party, Silva said.
Silva hailed China's vigorous economic development and its successful holding of the 2010 Shanghai Expo.
He also spoke highly of China's crucial role in boosting world peace and development, and its contribution in fighting the global financial crisis and promoting the recovery of the world economy.
Portugal expects to see China play a more important role in such issues as the reform of the international monetary system and climate change, he said.
The successful settlement of the Macao issue has created favorable environment for Macao's social and economic development, he said.
Macao has since served as a bridge between China and Portugal as well as other Portuguese-speaking countries, and the forthcoming third ministerial conference of the Forum for Economic and Commercial Cooperation between China and the Portuguese-speaking Countries in Macao is a proof of that, said Silva.
Chinese President Hu Jintao concluded his state visit to Portugal on Nov. 7 and has left the Portuguese capital of Lisbon for home.
The president arrived in Lisbon on Nov.6 after a three-day state visit to France that began on Thursday.
Source: Xinhua/People’s Daily Online


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