Foreign and Military Affairs

China, Argentina seal deals on transportation

(Xinhua)
Updated: 2010-07-13 17:36

BEIJING - China and Argentina Tuesday signed six contracts on bilateral cooperation in areas including railway technology, and electrification of rail lines.

Chinese Vice Premier Hui Liangyu and visiting Argentine President Cristina Fernandez de Kirchner witnessed the midday signing ceremony in Beijing when they were there to attend a China-Argentina business community luncheon.

According to the contracts, China will provide a export buyer's credit to Argentina on locomotive purchase.

The two countries will also cooperate in Argentina's construction of light rail system, subway building and electrification of rail lines.

Cristina Kirchner, invited by Chinese President Hu Jintao, is on her first state visit to China since she took office.

She was scheduled to hold talks with President Hu later Tuesday, and the two sides will expect to sign some other bilateral cooperative documents after the talks, according to sources with Chinese Foreign Ministry.

Apart from Beijing, Cristina Kirchner will also visit Chinese financial hub Shanghai. She will conclude the trip on July 15.