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Chinese Minister of Commerce Chen Deming met Mozambican Minister of Finance Manuel Still in Maputo in the 13th of this month, the two sides held a meeting on strengthening bilateral economic and trade cooperation.

Chen Deming said that China and Mozambique in recent years continuously developed bilateral economic and trade cooperation. In the international financial crisis, bilateral trade between China and Mozambique in the first 11 months of last year still grew 21.7%. Chinese accumulated direct investment in Mozambique is nearly USD 50 million. The 8 acts promised in Sino-Africa Cooperation Forum Beijing Summit by Chinese government are fully implemented in Mozambique. The cooperation projects like Maputo International Airport expansion, agricultural product processing are smoothly carried into execution. 
  
 Chen Deming said that China would expand import from Mozambique through measures like tariff-free, under the 8 new acts frame established in the fourth Ministerial Conference of Sino-Africa Cooperation Forum. He said that China will continue to encourage strong Chinese enterprises to invest in Mozambique, China supports the enhancement of agricultural self-development capacity of Mozambique, the use of solar energy, small hydropower and other clean energy sources, China will jointly respond to climate change, promote the use of the Sino-Africa development fund, special loans for small and medium enterprises in Mozambique and increase both sides human resources development and cooperation.
 
 Manuel said that for a long time, China aided Mozambique unselfishly, played positive role in reducing the poverty of Mozambique and in developing the economy of Mozambique. He also said that Sino-Africa Cooperation Forum had created favorable conditions for further cooperation between China and Mozambique, and Mozambique expected to explore more cooperation projects with China and also expected Chinese enterprises to invest in Mozambique.

 After the meeting, Chen Deming and Manuel signed two agreements on economic and technological cooperation on behalf of Chinese and Mozambican governments.