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Amabassador Li Ruiyou Hosted Reception Marking His Presentation of Credentials
2014/05/05

On April 30th, H.E. Mr Li Ruiyou, Chinese Ambassador to the Independent State of Papua New Guinea (PNG) hosted a reception to mark his presentation of the Letter of Credence to the Governmor General of PNG Grand Chief Sir Michael Ogio. About 150 guests and friends from PNG political, economic, cultural and other sectors, as well as representatives of diplomatic corps and international organizations, Chinese companies and the overseas Chinese community attended the reception. The VIP guests included Hon John Pundari, Minister for Environment Conservation, Brigadier General Gilbert Toropo, Commander of the Defense Force, Mr John Andrias, Secretary for Ministry of Trade, Commerce and Industry, Ambassador Lucy Bogari, Deputy Secretary for the Department of Foreign Affairs.

                  

In his remarks, Ambassador Li said that the bilateral relations between China and PNG have never been better than today. The two countries have enjoyed close exchanges and cooperation in a wide range of areas. PNG has become the second largest trading partner and largest investment destination for China in Pacific Islands region. In 2013, the bilateral trade amounted to USD 1.35 billion. China's total investment in PNG is more than USD 2 billion. Scores of Chinese companies are working hard on various infrastructure projects across PNG.

Li said he believed that with the vibrant economic growth in both countries, China-PNG economic and trade cooperation will enjoy a prosperous future and will further explore its potentials. China, after several decades of development, has become the world's second largest economy, and China's new leadership is determined to keep the country's economic momentum and boost domestic consumption. This will for sure bring ample opportunities for the world economic and trade cooperation. Since its independence, PNG has made vigorous efforts in promoting its economy and social advancement. It has become one of the fastest growing economies in the world with its economy expanding for 13 years in a roll. China regards PNG as a sincere friend and a major partner for promoting peace and development in the South Pacific region. The Chinese government highly values the bilateral relations, and is ready to work with the Papua New Guinean side to move the relations forward on the basis of mutual respect and equality. Li underscored that the advancement of the relations between China and PNG is not only for mutual benefits to the two peoples, but also for promotion of stability and development in the region.

Li concluded his remarks with thanks to the PNG friends from all walks of life for their continuous support to China-PNG friendship and cooperation. He pledged to do his utmost to enhance the mutual understanding, friendship and cooperation between the two countries, and to protect legitimate rights and interests of Chinese citizens in PNG.

Minister Pundari extended in his toast warm welcome to Ambassador Li and wished PNG-China relations more progress in the future.

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