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Learn Mandarin online - China, Finland developing full cooperation

CHINA / Background

China, Finland developing full cooperation
(Xinhua)
Updated: 2006-09-10 09:02

Chinese Premier Wen Jiabao is to pay an official visit to Finland on
Sept. 9-12, when he will meet Finnish officials on ways of promoting full
Sino-Finnish cooperation as well as attend the 9th China-EU summit and
sixth Asia-Europe Summit.

China and Finland have witnessed steady development of bilateral ties
since the two countries established diplomatic relations 56 years ago. In
recent years, high-level exchanges have become more frequent, bringing
bilateral relationship, especially trade and economic ties, to a new
level.

Finland has constantly pursued the one-China policy, and Finnish
officials have on many occasions stressed the significance of promoting
the friendly relations between the two countries, hoping that China will
play an increasingly important role in international politics.

Finnish President Tarja Halonen said during his trip to China in May that
the two countries, which have different social systems, could learn from
each other and carry out broad exchanges and successful cooperation.

Based on good political relations, the Sino-Finnish cooperation covers a
broad range of fields including economy, trade, science and technology,
culture, education and legal affairs.

With bilateral trade hitting US$6.25 billion in 2005, twice that of 2000,
China has become Finland's largest trading partner in Asia, and Finland
is likewise ranked the No. 1 Nordic nation in trade with China.

Finland's investment in China has reached 5 billion euros (US$6.2
billion), with more than 200 firms opening branches in China including
industrial giants like Nokia, UPE-Kymmene cooperation and KONE.

The Chinese and Finnish leaders believe that the two countries are highly
complementary in business and have broad prospects for cooperation. Both
sides are determined to further tap the huge potential of development and
expand cooperative ties.

Impressed by China's huge economic potential, Finland, a world leader in
forest industry, metallurgy, energy, IT, biology and environmental
protection, is seeking full cooperation with China by increasing
bilateral economic ties and trade and preparing to meet demands from
China.

Finland's forest industry is well known for sustained development. Its
paper making industry exercises some of the world's strictest standards
for environmental protection. Both industries have set a good example.
Their experience and technical know-how could be learnt by other
countries, including China, which is trying its utmost to reduce
pollution while keeping a sustainable economic growth.

Finnish Prime Minister Matti Vanhanen expressed interest in the
opportunity to help with environmental protection when he visited China
in April.

Finland has advanced technology for environmental protection, economical
use of energy, social security and other aspects, he said. Finland could
deepen its cooperation with China in forest industry, energy production,
energy-saving technology, environmental protection, biotechnology, health
and medicine, as well as social welfare, he added.

Both sides are expected to discuss full cooperation during the Chinese
premier's visit to Finland.

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