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Chinese VP outlines priorities in China-Vietnam cooperation

(Xinhua)

22:21, December 22, 2011

HANOI, Dec. 22 (Xinhua) -- Visiting Chinese Vice President Xi Jinping met here Thursday with Vietnamese Prime Minister Nguyen Tan Dung and laid out three priorities in their countries' bilateral cooperation.

Recalling talks with other senior Vietnamese leaders since arriving on Tuesday, Xi said the two sides agree that the China-Vietnam friendship is a great treasure cherished by their parties, nations and peoples.

The healthy, steady development of the bilateral relationship brings important benefits to the two peoples, and thus the two sides should spare no pains in maintaining it, said Xi, who is also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee.

Bilateral trade between the two Asian neighbors surpassed 30 billion U.S. dollars last year, marking a nearly 1,000-fold increase from two decades ago, Xi said, adding that both countries have just embarked upon a new phase of socioeconomic development.

Against this backdrop, Xi said, it is of great significance to the modernization of both countries that they further promote economic and trade cooperation and maintain the steady growth of bilateral trade.

The two nations need to stick firmly to the principle of equality, mutual benefit, cooperation and win-win progress and make good use of bilateral mechanisms so as to raise their economic and trade cooperation to higher levels, Xi said.

Xi then listed three priorities at the current stage, with the first being that the two sides need to boost policy planning.


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