Economy

China, Ukraine to strengthen economic, parliamentary co-op

(Xinhua)
Updated: 2010-09-04 14:47

BEIJING - China and Ukraine have agreed to boost economic and parliamentary cooperation after their leaders met in Beijing.

Top Chinese legislator Wu Bangguo and Premier Wen Jiabao met with visiting Ukrainian President Viktor Yanukovych Friday.

"The pressing task is to identify major projects for cooperation and give full play to business, research and financial institutes," said Wen.

"By doing so, we will make headway in economic and technological cooperation and promote economic recovery and sustainable growth," he said.

Yanukovych said his country hopes to fully utilize the cooperation committee at the vice-premier level they agreed upon to establish advanced cooperation in various fields.

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During his meeting with Wu, chairman of the Standing Committee of China's National People's Congress (NPC), Yanukovych discussed parliamentary exchange between the two countries.

"The documents signed between the two countries, including the joint statement, show the political willingness to boost parliamentary exchange," Yanukovych said.

China hopes to enhance communication between parliamentary leaders and committees in legislature, supervision, trade and culture, Wu said.

Yanukovych praised China's efforts maintaining reform, development and stability, saying his country looks forward to further discussions with China on governance.

Yanukovych arrived in Beijing Thursday for a four-day state visit and has so far witnessed the signing of a joint statement to upgrade friendly cooperative relations in a comprehensive way.

According to an agreement signed by the two sides, Chinese companies will undertake the construction of a $950-million city rail line in Kiev, the capital city of Ukraine.

Yanukovych will fly to Shanghai Saturday to attend the 2010 World Expo.