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China, Canada to boost relations

IANS 09 Nov 2014, 6:07:36 AM IST

Beijing: Chinese Premier Li Keqiang and Canadian Prime Minister Stephen Harper on Saturday decided to boost their countries' bilateral relations and cooperation and push it to higher levels.

During Harper's visit, China and Canada decided to strengthen communication and exchanges between the two countries' leaders, and establish mechanisms of foreign ministers' annual dialogue and economic and financial strategy dialogue, an indication of the strategic and high-level China-Canada relations, Xinhua quoted Li as saying.

Li also expressed China's willingness to deepen political mutual trust, explore cooperation potentials and properly resolve disputes to continuously raise the level of bilateral relations and cooperation.

China welcomes Canada's ratification of the "China-Canada Investment Protection Agreement" and hopes that the two sides expand trade and investment volume, make efforts to increase bilateral trade volume to 100 billion dollars by 2020, and create a good environment for companies to enter each other's market, said Li.

The premier also called upon the two countries to deepen energy and resources cooperation, and expand cooperation in the financial field.

Harper said China is Canada's important partner and both sides are benefiting from their relations which have been developing well.

Canada is committed to deepening all-round friendly Canada-China relationship, and is willing to expand mutually-beneficial cooperation in the fields of trade, investment, science and technology, energy, finance, education and tourism, Harper said.

Harper also expressed hope that the Asia-Pacific Economic Cooperation (APEC) Beijing meeting will yield fruitful results and promote the development and prosperity of the Asia-Pacific.