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Economics & Trade

Finland, China ink high-tech deals

Finland and China have signed high-tech deals worth US$1 billion and are planning further talks that could produce agreements worth a further US$2 billion, AP reported. Vice Premier Li Keqiang and Finnish Prime Minister Matti Vanhanen attended a signing ceremony for the wireless technology contracts, at which they also pledged further cooperation. "We will be sending a large economic and trade delegation numbering several hundred to Finland in a few weeks. As it stands now we are looking at new contracts worth more than US$2 billion of Chinese purchases from Finland," Li said. Trade between China and Finland was worth about US$10 billion last year.

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