President Hu wraps up five-nation visit
(Xinhua)
Updated: 2006-04-30 09:37 Innovating Way of Cooperation, Consolidating Practical
Cooperation
During the visits, Hu noted that China would work with the four nations to
develop mutually complementary and win-win cooperation.
He put forward a series of proposals, including extending bilateral
cooperation from the single field of trade exchanges to a greater scope covering
investment and technology, undertaking contracted projects, and expanding
governmental cooperation to a broader range involving governments, enterprises
and other economic entities.
President Hu also proposed increasing intelligence-related projects such as
cooperation in capacity building, human resources training and technology
exchanges, promoting the development of primary products processing to realize
value added, optimizing and upgrading traditional manufacturing industry,
attaching great importance to facilitating local development and improving
people's livelihood.
Hu's proposals and commitments made during the visits were lauded by the
governments and business communities of the host countries.
They expected more Chinese corporate investments and cooperation in areas of
infrastructure construction, agriculture, manufacturing sector, energy and
resources.
Saudi business communities, in particular, expressed their aspirations to
establish a strategic and global economic partnership with China.
Some world media believed that the cooperation between China and the four
nations plus other developing countries will be more mutually beneficial and
China's development will bring about tremendous opportunities for the economic
development of the Middle East and African countries.
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