Chinese Ministry of Commerce 5 in Nadi, Fiji, Papua New Guinea and Vanuatu, the three government departments have signed seven bilateral intergovernmental agreement, China National Aero-Technology Import and Export Corporation, China Communications Construction Group, and other business enterprises and the three signed 10 commercial contracts.
5 opening of the "China - Pacific Island Countries Economic Development Cooperation Forum" was signed during the first ministerial meeting of the intergovernmental bilateral agreements, including those "in the field of infrastructure Fei Jia Qiang Memorandum of Cooperation", etc. . Agreements among enterprises are involved in transportation, agriculture, telecommunications, aviation and tourism and other areas, including "Air Fiji, rent or buy three" Win 12 "4-type civilian aircraft contract" and "Fiji Telecom Huawei to supply and installation of CDMA equipment contract "and other commercial contracts.

The conference was organized by the Ministry of Commerce and the Fiji Ministry of Foreign Affairs and Trade co-sponsored. Chinese Premier Wen Jiabao attended the opening ceremony and delivered a keynote speech. From the Pacific island leaders and senior officials, Australia, New Zealand, as well as representatives from China and the Pacific island entrepreneurs nearly 600 people attended the meeting.

Chinese Minister of Commerce Bo Xilai on the 5th at the banquet to attend the meeting part of the Pacific island leaders and ministers, said the Chinese government attaches importance to developing relations with Pacific island countries. China has a large population, vast markets, in the manufacturing sector has a group of more advanced technologies; island state rich in natural resources and tourism resources. China will encourage domestic enterprises to invest in island countries to help local to resource advantages into economic advantages.

According to China’s Vice Minister of Commerce Liao Xiaoqi, introduced in 2005, trade volume between China and Pacific island countries 840 million U.S. dollars. To the end of 2005, China in the Pacific island region’s new economic and technological cooperation signed contract value of up to 20 billion U.S. dollars, in the Pacific island region invested a total of 70 Chinese-funded enterprises set up, the Chinese contractual investment reached 110 million U.S. dollars.