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China and the United States will implement the specific contents of the joint statement released on Saturday in Washington, covering the purchase of agricultural and energy products, the Ministry of Commerce said on Wednesday.

China Daily reported in March that Microsoft was developing the special build through C&M Information Technologies, its 49-51 joint venture with State-backed China Electronics Technology Group Corp.

China Reinsurance and Taiping Insurance have established operations in London, and Lloyd's of London, the world's oldest insurance market, which started in 1686, established an insurance platform in Shanghai in 2007. The platform has since grown to include 33 syndicates, which are insurance companies working through the Lloyds platform.

China and Germany have long-standing and extensive cooperation in science and technology. And a well-established framework for intergovernmental cooperation on technology innovation is in place. Besides the desire for cooperation between governments, that of companies and research institutes on both sides is also strong. As a result, many Chinese universities, research institutes and companies are willing to work with their German counterparts to jointly advance the research in frontier science and generic technology.

China and the US share common interests in such fields as intellectual property rights, promoting fair competition and relaxing market access, Gao said, adding that these are in line with China's deepening of reform and opening-up.