(VOVworld) – Prime Minister Nguyen Xuan Phuc expressed his belief in the future relationship between China and ASEAN at the 13th China-ASEAN Expo (CAEXPO) and their Business and Investment Summit in China’s Nanning city on Sunday.

He praised ASEAN’s dynamic economic development amidst the stagnant global economy, saying that after 25 years, the ASEAN-China relations continue to be a successful model in cooperation between ASEAN and its major partners. Last year, China-ASEAN trade turnover reached 470 billion USD, 60 times higher than 25 years ago. Prime Minister Phuc said that to date expo has played an important role in broadening the China-ASEAN strategic partnership.  Vietnam joins this year’s expo as the rotational honorary country and has 250 booths, covering over 5,000 square metres. According to the Vietnamese Prime Minister, Vietnam has participated in 12 trade agreements and investors have opportunities to penetrate markets of 55 partner countries, including 12 countries from G20.

Prime Minister Nguyen Xuan Phuc meets Chinese Vice Premier Zhang Gaoli

On Saturday, Prime Minister Nguyen Xuan Phuc received Chinese Vice Premier Zhang Gaoli. He appreciated the progress in Vietnam-China cooperation in several fields, and informed his guest that during the visit, he intends to discuss in depth with Chinese Party and Government leaders measures to promote the stable and healthy development of bilateral ties, including maintaining meetings and contacts between senior officials of the two Parties and countries.

PM Phuc added that the two sides should also encourage exchange and win-win cooperation, as well as closer coordination to solve outstanding issues, thus taking bilateral economic, trade and investment ties to a new stage of quality, effective and sustainable development.

He said that the two sides should work together to effectively control disputes at sea and persistently settling with disputes by peaceful means in line with international law, including the 1982 UN Convention on the Law of the Sea, maintaining peace and stability in the East Sea and in the region.