Chinese President Hu Jintao and Brazilian President Luis Inacio Lula da Silva Monday had in-depth discussions on bilateral strategic partnership and other major international and regional issues and reached broad consensus.

The two heads of state established four principles guiding the development of bilateral relations:

-- to persist in equal consultation and enhance political mutual-trust,

-- to stick to reciprocity and mutual benefit and expand trade and economic exchanges,

-- to keep on consultation and coordination and strengthen cooperation on the international arena,

-- to promote non-governmental exchanges and enhance mutual understanding.

The two agreed to take measures jointly to implement the four principles.

Speaking highly of the China-Brazilian strategic partnership, Hu said China-Brazil relations have been expanding in all aspects during the past thirty years, especially in the past ten years since China-Brazil strategic partnership was established.

The two sides have maintained frequent high-level visits and the bilateral cooperation has brought about fruitful results, he said.

Hu said the trade volume between China and Brazil has reached a new high and the high-tech cooperation between the two sides also showed great vitality and potential.

China and Brazil have successfully launched the first co-produced regional jetliner, and the second earth resources satellite jointly produced by China and Brazil has also been launched and put into use.

In addition, Hu said China and Brazil have supported and cooperated with each other closely in international affairs and jointly safeguarded the common interests of developing countries.

He noted that China and Brazil are both developing countries, share identical or similar views on many major international issues and have broad common interests in global affairs.

He said the economies of China and Brazil are complementary and have great potential for cooperation. The Chinese government attaches great importance to the Sino-Brazilian relations and is willing to work with Brazil to jointly advance the bilateral strategic partnership and make it a good example for the relations between developing countries.

Lula said that China holds an important position in Brazil's foreign policy, and Brazil is fully confident of the prospects for cooperation with China in the political, economic and trade fields. He voiced his hope to further the cooperation in the fields of agriculture, resources and technology to enhance the strategic partnership.

Lula reaffirmed that Brazil is committed to the one-China policy, and supports China's stance on the Taiwan and human rights issues. He said Brazil is to consider the issue of granting China the market economy status.

Hu expressed gratitude for the support of Brazil towards China on the Taiwan and human rights issues, and said that for Brazil to recognize China's market economy status will enrich the bilateral strategic partnership and boost trade and economic cooperation between the two countries.

After the talks, the two heads of state signed a joint communique and attended the signing ceremony of other nine documents.

(Xinhua News Agency May 25, 2004)