Others News
- President: More Chinese enterprises welcome to Algeria
Date: 8-Jan-2007 Sources: (Xinhua Online)
More Chinese enterprises are welcome to Algeria, and the ties between China and Algeria are expected to be boosted in all fields, said Algerian President Abdelaziz Bouteflika on Sunday.
The president expressed the hope when meeting with outgoing Chinese Ambassador Wang Wangsheng.
The two countries, while sharing identical views on issues of various kinds, have always helped and supported each other, said Bouteflika, reiterating Algeria's adherence to the one-China policy.
Noting China has achieved significant success in its reform and opening to the outside world, the Algerian president hopes more Chinese enterprises can participate in Algeria's construction so as to boost its social and economic development.
Ambassador Wang, who has served as the envoy for five years, said he believed the joint efforts by governments of the two countries will yield fruitful results for the China-Algeria strategic cooperation.
The economic and trade cooperation between the two countries has seen a strong trend of development with continuous increase of bilateral trade.
The volume of bilateral trade rose from the 290 million U.S. dollars in 2002 to 1.77 billion dollars in 2005, and the figure for 2006 is expected to exceed 2 billion dollars.
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