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China praises relations with Russia

MOSCOW, December 03. /ITAR-TASS/. Relations with Russia in different fields is one of the priorities of China’s foreign policy, Chinese Ambassador in Moscow Li Hui told a news conference on Tuesday.

“Our relations develop dynamically. Russia and China achieved big progress. We can say relations between the countries are at the highest level,” the Chinese ambassador said.

Among priority fields he named the economy. “Due to the global economic crisis trade turnover has not increased from January to October,” Li Hui said, adding “Trade turnover is on the previous level. This is a good result as well.”

“We have time till the yearend. I hope that November and December will allow us to increase trade by 5-7%,” the Chinese ambassador said.

Economic contacts between Russia and China have a big potential. “According to our data, direct mutual investments reach about five billion dollars. It is insufficient and it is necessary to develop contacts between businessmen to make the figure to grow,” he said.

In addition, Li Hui said China intended to keep balance between reforms and stability in order to implement measures for further development of the country.

The major purpose of the November 9-13 plenary session of the Central Committee of China Communist Party was to take steps towards strengthening reforms, primarily in the economy, Li Hui said.

“Thus, we’ll be able to achieve a new success and create a civilized and modernized socialist state. This is a dream, but it can be realized,” the Chinese ambassador said.

“The key goal is to defend the party’s leading role. It is necessary to give up stagnation and vicious ways to change the course. It is necessary to follow the way of Socialism with Chinese specifics,” Li Hui said.