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NEW DELHI, Dec. 15 (Xinhua) -- Chinese Premier Wen Jiabao on Wednesday called for further promotion of bilateral cooperation and trade links with India.Wen, who arrived here in India's capital city earlier Wednesday for a three-day official visit at the invitation of his Indian counterpart Manmohan Singh, stressed that China and India are cooperative partners instead of rivals."There is enough room in the world for China and India to develop both countries and cooperate with each other," Wen said during a speech before a bilateral business cooperation forum that attracted about 600 business elites from both countries.Hailing the sound momentum of bilateral ties, Wen said that economic and trade cooperation between China and India has witnessed unprecedented progress in recent years. He said the cooperation has entered a most vigorous and fruitful "new period.""The rapid economic growth of both sides served as important engines for world economic growth," Wen said, adding China-India trade cooperation is mutually beneficial and foresees a bright future.In 2009, two-way trade between China and India reached 43.381 billion U.S. dollars."Our trade volume has increased by 20 times in the past ten years, and our mutual investment has brought rich benefits to both sides," Wen said.Regarding India as one of China's largest overseas engineering contract markets, Wen said the two countries enjoy broad market space, and should open markets for each other to give a strong boost to economic growth.

BEIJING, Nov. 24 (Xinhua) -- Senior Communist Party of China (CPC) official Liu Yunshan met in Beijing Wednesday with a delegation of the Peruvian political party Fuerza 2011, led by Ex-President Alberto Fujimori's daughter Keiko Fujimori.Liu spoke positively of the development of Sino-Peruvian ties in recent years, noting that the establishment of the bilateral strategic partnership in 2008 signalled bilateral relations had entered a new phase.Liu, who is a member of the political bureau of the CPC Central Committee and also chief of the Publicity Department of the CPC Central Committee, said the CPC was willing to develop friendly relations and cooperation with Fuerza 2011 on the basis of independence, equality, mutual respect and the principle of non-interference in each other's internal affairs. Liu Yunshan (R), a member of the Political Bureau of the Communist Party of China (CPC) Central Committee and head of the Publicity Department of the CPC Central Committee, meets with Keiko Fujimori, chairwoman of the Peruvian political party "Fuerza 2011", in Beijing, capital of China, Nov. 24, 2010.He hoped exchanges between the CPC and Fuerza 2011 would boost the development of the bilateral relations.Fujimori, who is chairwoman of the Peruvian party, Fuerza 2011, said her party hoped to forge and develop friendly relations with the CPC.She also hoped Fuerza 2011 would share experiences with the CPC in state-governing and administration, and jointly push forward the bilateral strategic partnership.

DUSHANBE, Nov. 25 (Xinhua) -- Chinese Premier Wen Jiabao and Kyrgyz President and Acting Prime Minister Roza Otunbayeva met here Thursday, with both sides pledging to enhance cooperation in economy, technology and other areas.The two leaders were meeting on the sidelines of the 9th prime ministers' meeting of the Shanghai Cooperation Organization (SCO) in the Tajik capital.Premier Wen told Otunbayeva that China pays great attention to the situation in Kyrgyzstan and hopes for stability in the country.Wen said that both countries should follow the principles stipulated in the Sino-Kyrgyz Good-neighborly Treaty of Friendship and Cooperation to further enhance political mutual trust and push forward for a steady and healthy development of bilateral ties, adding that this serves the fundamental interests of both peoples.Chinese Premier Wen Jiabao (R) shakes hands with Kyrgyz President Roza Otunbayeva in Dushanbe, Tajikistan, Nov. 25, 2010. While expressing the belief that the Kyrgyz people could overcome by themselves the current difficulties, he also promised that China would continue to provide support and help within its own capabilities for Kyrgyzstan both in the bilateral framework and in that of the SCO.The Chinese premier said China would actively participate in the reconstruction of southern Kyrgyzstan, and promote in a down-to-earth manner the projects on bilateral economic and technological cooperation so as to benefit the two peoples.For her part, Otunbayeva expressed her gratitude for China's long-term support and humanitarian assistance for the economic development of her country.She said that her government would continue to pursue friendly policies toward China, and stick to existing political and legal documents signed by the two sides.The Kyrgyz leader also said that her country was ready to strengthen friendly and mutually beneficial cooperation with China in the areas including economy, trade and infrastructure construction.Furthermore, she expressed Kyrgyzstan's hope for stronger coordination and cooperation with China in the fight against the three evil forces of terrorism, separatism and extremism and drug trafficking so as to join hands to cope with increasingly severe regional security challenges.The one-day SCO prime ministers' meeting concluded Thursday with the participants agreeing to further strengthen cooperation in security, politics, trade and other areas.

BEIJING, Nov. 28 (Xinhua) -- China National Offshore Oil Company Limited (CNOOC) said Sunday Bridas Corporation, a joint-venture equally-owned by CNOOC International Limited and Argentina-based Bridas Energy Holdings (BEH), will acquire a 60 percent equity interest in Pan American Energy (PAE) from BP for approximately 7.06 billion U.S. dollars.The acquisition excludes PAE's assets in Bolivia, according to a statement on the website of CNOOC, China's largest offshore oil and gas producer.CNOOC International, a wholly owned subsidiary of the company, and BEH have agreed to contribute about 4.94 billion U.S. dollars to Bridas to finance 70 percent of the proposed acquisition. The contribution will be made in equal amounts of approximately 2.47 billion U.S. dollars by CNOOC International and BEH.The remaining 30 percent, or approximately 2.12 billion U.S. dollars, will be satisfied by third party loans to be arranged by Bridas and additional contributions from CNOOC International and BEH.Completion of the acquisition is conditional on, among others factors, all necessary government and regulatory approvals, and is expected to take place in the first half of 2011.In the first half of 2010, CNOOC International and BEH completed the formation of a half-half joint venture in Bridas.