Foreign and Military Affairs

China, Mexico agree to strengthen economic ties

(Xinhua)
Updated: 2010-07-31 17:06

MEXICO CITY - Chinese Foreign Minister Yang Jiechi and his Mexican counterpart, Patricia Espinosa, agreed here Friday to boost bilateral cooperation in economy, trade, investment and tourism.

At a joint press conference with Espinosa, Yang said China attaches great importance to trade and economic cooperation with Mexico, and will continue to import Mexico's high quality products.

Yang said China will encourage well-established Chinese companies to search for investment opportunities in Mexico.

He also said China will promote cooperation with Mexico in tourism, adding the two countries are mulling a second direct flight, which will connect the two countries' capitals.

Espinosa, for her part, said Mexico presents many investment opportunities for Chinese investors in the fields of minerals, auto, aviation and space, construction and new energy.

Earlier in the day, Yang and Espinosa jointly presided over the closing session of the fourth meeting of the China-Mexico Permanent Binational Commission, a high-level platform for the two countries to discuss cooperation in various fields.

Over 150 delegates attended the two-day talks, whose previous three sessions took place in 2004, 2006 and 2008.