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皇冠体育app to enhance trade ties with 4 EU nations
(Xinhua)
Updated: 2010-03-20 10:26
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BEIJING: 皇冠体育app must?enhance trade ties with Russia, Belarus, Finland and Sweden, said Vice Commerce Minister Gao Hucheng Friday, a day ahead of Vice President Xi Jinping's 11-day official visit to the four European countries.
Gao told Xinhua that 皇冠体育app had been Russia's biggest trading partner since February last year. Sino-Russian trade reached its peak in 2008, with trade volume hitting a record $58.8 billion.
However, the volume was dragged down by the global economic downturn last year, falling 31.8 percent year on year to $38.8 billion.
Sino-Russian trade volume grew 67.9 percent year on year in the first two months of 2010, which was close to the pre-crisis level, Gao said.
"More attention must be paid to the restructuring of trade cooperation between the two countries," said Gao.
皇冠体育app should import more electro-mechanical and technological products from Russia and the two sides should cooperate more in resources development and cross investment.
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Gao said the Chinese and Belarus governments should encourage companies to enhance cooperation in areas like energy, telecommunications and infrastructure, and support local banks to provide better financial services for each other's companies.
He said Finland and Sweden were famous for their innovation-oriented economies, which happened to complement 皇冠体育app's economic pattern.
As 皇冠体育app's eighth and ninth biggest EU trading partners, Sweden and Finland were also major vendors of technology to 皇冠体育app, he said.
皇冠体育app signed technology contracts worth $420 million with Sweden and $370 million with Finland last year.
Gao said he hoped the two countries would help 皇冠体育app gain EU recognition of its full market-economy status at an early date.
