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Minister Bo Xilai held talks with Swedish Foreign Trade Minister
2007-06-26 08:26  MOFCOM

Minister Bo Xilai held talks with Swedish Foreign Trade Minister Sten Tolgfors in Beijing on Jun 19. They intensively exchanged views on China-Sweden trade, IPR protection, environment cooperation, market economy status and labor service cooperation.

Minister Bo expressed that Sweden was the first western country that established diplomatic relations with China so that the favorable politic relationship established a solid foundation for a broad and deepened trade and economic cooperation. China-Sweden trade reached 6.7 billion USD in 2006, and some named Swedish enterprises like Volvo, Ericsson, and Ikea has come to invest in China which the brand were widely known by Chinese. Meanwhile Chinese enterprises entered into Swedish market as well.

Tolgfors expressed that China’s economy developed rapidly and was becoming the main power of promoting Asian development, so that Sweden attached great importance on developing full cooperation with China. There’s a long history in trade and economic cooperation between the two countries. The bilateral trade developed fast over recent years that Swedish investment in China totaled exceeding 3 billion USD by far. It was believed that enterprises of the two sides would have more and more cooperative opportunities in trade, investment, environment protection, biological energy exploration and social responsibility of enterprises.

Bo stated China’s position on China’s full market economy status, and developing labor service cooperation. He said that China’s full market economy status has been recognized by 73 countries, and Sweden was expected to vigorously boost the reorganization by EU so as to create a more fair and justice situation for the healthy development of bilateral trade and economic relationship. China was abundant in labor resources and with high-quality labor resources, which in turn cooperation in labor service could be enhanced in such fields as building, agricultural technique, medical care and IT.

Tolgfors expressed that the two sides were reliable trading partner for each other, as a result the trade and economic cooperative potential was huge. With the tradition of opening, Sweden was willing to further develop bilateral trade and economic cooperation with China. Sweden appraised China’s achievements gained in market economic construction, and was willing to promote EU’s reorganization of China’s full market economy status. Since WTO’s new round talks was in the key moment, China was expected to play out positive role in promoting the talks to reach progress.

After the meeting they exchanged letters on capacity building in environment institutions and employment service institutions.

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