China, Mexico pledge to deepen cooperation in economy, trade

Visiting Chinese President Xi Jinping and his Mexican counterpart Enrique Pena Nieto pledged Tuesday to deepen economic and trade relations between the two countries.

In a joint statement released after talks between Xi and Pena Nieto, they agreed to map out strategies to create a favorable environment to promote the sound, stable and balanced development of bilateral trade and investment.

Both sides agreed to establish a high-level working group, comprised of distinguished entrepreneurs appointed by related ministries, in a bid to promote economic and trade relations and find new opportunities in trade, investment and cooperation.

The two sides also agreed to enhance the management of the bilateral high-level working group between China's Ministry of Commerce and Mexico's Ministry of Economy so that the group can play an active role in bilateral economic dialogue.

The two leaders stressed that the group should hold an official meeting every year.