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Vietnam- China Promote Cooperation in Economics and Trade

Prime Minister Nguyen Xuan Phuc has successfully wrapped up his official visit to China from September 10-15, 2016at the invitation of Chinese Premier Li Keqiang. The visit provided a chance for the two countries to strengthen strategic exchanges, control and resolve appropriately issues at sea, and promote cooperation in economics and trade.
It is the first official visit to China by Prime Minister Nguyen Xuan Phuc and also the first trip to the country by a senior leader of Vietnam’s Party and State after the 12th National Party Congress in January. During the six-day visit, Prime Minister Nguyen Xuan Phuc had a busy schedule with more than 50 activities.

In Beijing, the Vietnamese leader met with Chinese Party General Secretary and President Xi Jinping and had talks with Premier Li Keqiang. He also had meetings with the Chairman of the Standing Committee of the National People's Congress Zhang Dejiang andthe Chairman of the National Committee of the Chinese People's Political Consultative Conference Yu Zhengsheng.


 Chinese Premier Li Keqiang receives Prime Minister Nguyen Xuan Phuc. Photo: Thong Nhat/VNA

 Prime Minister Nguyen Xuan Phuc holds talks with his Chinese counterpart Li Keqiang. Photo: Thong Nhat/VNA


 The two Prime Ministers witness the signing ceremony of cooperation agreements between the two countries. Photo: Thong Nhat/VNA


 
During the meetings, the two sides reached broad common perceptions on intensifying the Vietnam-China comprehensive strategic cooperative partnership, and exchanged viewpoints on international and regional issues of shared concern.
The Vietnamese and Chinese leaders agreed that the two countries will respect each other and increase strategic dialogue exchanges, political trust and win-win cooperation. They will control and satisfactorily handle existing disagreements and arising problems, while fostering the healthy and stable development of the comprehensive strategic cooperative partnership, thereby benefiting the two peoples and contributing to peace, stability and prosperity in the region.
The two sides agreed to seriously implement the bilateral agreement on basic principles guiding the settlement of sea-related issues, and, together with ASEAN countries, comprehensively and effectively carry out the Declaration on the Conduct of Parties in the East Sea (DOC), and resolve disputes by peaceful measures on the basis of international law, including the 1982 UN Convention on the Law of the Sea (UNCLOS).  Vietnam and China pledged to respect diplomatic and legal processes, consult and negotiate to reach agreements, and soon build a Code of Conduct (COC) in the East Sea. They will control sea disputes, avoid actions that complicate or expand disputes, not conduct militarisation, while keeping peace and stability in the East Sea.
Within the framework of the visit, Vietnam and China issued a joint communiqué and signed a number of important cooperation documents.
 

Prime Minister Nguyen Xuan Phuc meets with Chinese Party General Secretary/President Xi Jinping. Photo: Thong Nhat/VNA 

Prime Minister Nguyen Xuan Phuc meets with Zhang Dejiang, Chairman of the Standing Committee of the
Chinese National People's Congress. Photo: Thong Nhat/VNA

Prime Minister Nguyen Xuan Phuc meets with Yu Zhengsheng, Chairman of the Chinese People's Political Consultative Conference.
Photo: Thong Nhat/VNA


Prime Minister Nguyen Xuan Phuc has a meeting with the Chief Executive of Hong Kong Leung Chun Ying. Photo: Thong Nhat/VNA


 Prime Minister Nguyen Xuan Phuc meets with the Chief Secretary for Administration of the special administrative region
Carrie Lam Cheng Yuet – ngor. Photo: Thong Nhat/VNA

Before arriving in Beijing, Prime Minister Nguyen Xuan Phuc attended the 13th China-ASEAN Expo (CAEXPO) and China-ASEAN Business and Investment Summit (CABIS) in Nanning city of Guangxi Province. He and Zhang Gaoli, a member of the standing board of China’s Politburo and Vice Premier, chaired the opening ceremony of Vietnam’s national pavilion “City of Charm” at the CAEXPO themed “Buon Ma Thuot – The Capital of Coffee in Asia”. The Vietnamese leader also met with the Secretary of the Party Committee of the Guangxi Zhuang Autonomous Region Peng Qinghua and chaired a roundtable conference with Chinese entrepreneurs.
In Hong Kong, Prime Minister Nguyen Xuan Phuc met with the Chief Executive of Hong Kong Leung Chun Ying and the Chief Secretary for Administration of the special administrative region Carrie Lam Cheng Yuet - ngor.
During the meetings, Prime Minister Nguyen Xuan Phuc stressed that Vietnam and Hong Kong need to continue to promote existing cooperation mechanisms, step up negotiations on an ASEAN-Hong Kong free trade agreement, and take effective measures to facilitate partnerships in economics, trade, investment and tourism. On the occasion, the leader also met with cadres and staffs of the Consulate General of Vietnam in Hong Kong and Macau - China and the Vietnamese community in Hong Kong.

 Prime Minister Nguyen Xuan Phuc attended the Hong Kong-Vietnam Business and Investment Forum and witnessed the signing of cooperation agreements and trade contracts with a total value of nearly 10 billion dollars. He had working sessions with executives of global investment and financial investment consultation funds based in Hong Kong (such as State Street, Morgan Stanley, and Capital Group with a total value of possession reaching about 9,500 billion dollars).


 The Prime Minister attends the opening ceremony of 13th China-ASEAN Expo (CAEXPO 2016) and the 13th China-ASEAN
Business and Investment Summit (CABIS 2016). Photo: Thong Nhat/VNA

Prime Minister Nguyen Xuan Phuc and Chinese Vice Premier Zhang Gaoli visit Vietnamese showrooms at the expo.
Photo: Thong Nhat/VNA
Prime Minister Nguyen Xuan Phuc chairs a roundtable dialogue with CEOs of leading Chinese enterprises. Photo: Thong  Nhat/VNA 

 Prime Minister Nguyen Xuan Phuc attends the Hong Kong-Vietnam Business and Investment Forum. Photo: Thong Nhat/VNA


 Prime Minister Nguyen Xuan Phuc witnesses the signing ceremony of cooperation agreements and trade contracts at the forum.
Photo: Thong Nhat/VNA

By VNA/VNP

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