URUMQI (AA) - September 2, 2012 - Turkish Deputy Prime Minister Ali Babacan met Chinese Prime Minister Wen Jiabao in Urumqi, the capital of Xinjiang Uygur Autonomous Region in China, on Sunday.
Babacan is in Urumqi to attend the opening of the 2nd China-Eurasia Expo.
Babacan, who expressed pleasure over the hospitality of China, conveyed greetings of Turkish Prime Minister Recep Tayyip Erdogan to Jiabao.
Defining Jiabao's visit to Turkey in 2010 as historical, Babacan said that it was a turning point for the relations between the two countries.
Jiabao said that they respected Turkey's friendly approach to China as well as its sincerity towards Xinjiang Uygur Autonomous Region.
We will gain important results through our cooperation, he added.
Babacan will deliver a speech at China-Eurasia Expo.
Babacan: Turkey's growth target in 2012 is 4 percent
URUMQI (AA) - September 2, 2012 - Turkish Deputy Prime Minister Ali Babacan said that Turkey's growth rate target for 2012 was four percent.
Speaking to AA on Sunday, Babacan said that 2012's conjuncture in mid-term program was more negative than 2011's, however, four percent growth target for 2012 was not changed.
Babacan said that Central Bank's year-end inflation expectation was 6.2 percent, defining the figure as a "reasonable" one.
Regarding export figures, Babacan said that Turkey's export to EU countries did not show a good performance due to the economic problems within the EU.
Noting that Turkish exporters were focusing on non-European markets, Babacan said that export figures to Middle Eastern countries --except Syria and Arab Spring countries-- were satisfactory, adding that Iraqi market surprisingly extended.
Asian countries and Latin America are important markets too, said Babacan, adding that Turkey should focus on these markets more.
Regarding the economic crisis in the EU, Babacan said that 17 of 27 EU countries had common monetary unit, adding that use of common monetary unit was not a mechanism to solve all problems alone.
Commenting on effects of Syrian citizens staying in Turkey on economy, Babacan said that Turkey was currently hosting more than 70,000 Syrians which cost 300 million USD.
Perhaps there are difficulties in short term, but a democratic regime in Syria will have very important contributions in Turkish-Syrian relations in long term, said Babacan.
Babacan is in Urumqi, the capital of Xinjiang Uygur Autonomous Region in China, to attend the opening of the 2nd China-Eurasia Expo.
Turkish deputy premier attends 2nd China-Eurasia Expo
URUMQI (AA) - September 2, 2012 - Turkish Deputy Prime Minister Ali Babacan attended the opening of the 2nd China-Eurasia Expo in Urumqi, the capital of Xinjiang Uygur Autonomous Region in China, on Sunday.
Speaking at the opening, Babacan expressed pleasure over Urumqi's becoming a door for China opening to Central Asia and beyond.
I see this fair as the determination and sincere desire of China to develop its regional commercial relations, added Babacan.
Babacan said that Turkey and China targeted to increase mutual trade volume to 50 billion USD by 2015, and 100 billion USD by 2020.
Giving information about Turkish economic figures, Babacan said that Turkey was among top ten biggest economies of the world, and located in the center of a geography which was a home to nearly one fourth of the world population.
