Pakistan and China signed a wide-ranging joint statement here on Saturday on bilateral relations, international and regional situation, economic and trade cooperation, military cooperation and anti-terrorism.
The joint statement was signed during Chinese President Hu Jintao's state visit to Pakistan.
The statement hailed Hu's current visit to Pakistan as being highly successful and recalled the history of development of friendly relations and cooperation between the tow countries.
It is in the fundamental interests of the two peoples and conducive to regional peace and development to strengthen good-neighbourliness and friendship, conduct mutually beneficial cooperation and enhance the strategic partnership between the two countries, said the statement.
The statement specified that China and Pakistan will further strengthen high-level exchanges in various areas and promote bilateral cooperation in such fields as trade and economy, manufacture, agriculture, information industry, infrastructure construction, human resources development, banking, tourism, defence, anti-terrorism, and international and regional relations.
China expressed appreciation and support for the efforts made by Pakistan to promote peace and stability in South Asia and to safeguard its sovereignty and independence.
And Pakistan, for its part, recognised that the government of the People's Republic of China is the sole legal government representing the whole of China and that Taiwan is an inalienable part of China, reaffirming its full support for China's peaceful reunification.
The two sides believed that broad prospects have emerged in the bilateral economic and trade ties in recent years, the statement said.
Both sides decided to put trade in services on fast track to make FTA (Free Trade Agreement) on goods and services more comprehensive, it said, adding that they agreed to increase their bilateral trade to over $15 billion in the next five years.
The two sides took note of the achievements of and potential for cooperation in the manufacturing sector and decided to strengthen cooperation in household appliances, automobile and textile industries, according to the statement.
They also agreed to strengthen comprehensive project cooperation in the energy sector, including fossil fuels, coal, hydropower, nuclear power, renewable sources of energy as well as in the mining and resources sector, it said.
To facilitate people-to-people exchanges and trade and economic cooperation between the western region of China and Pakistan, Beijing agreed to a Pakistan Consulate General in Chengdu.
China and Pakistan expressed satisfaction on close cooperation between their defence ministries as well as the two militaries at various levels and in various fields in recent years, the statement said.
The two sides, it said, shared the view that the three evil forces of terrorism, separatism and extremism pose grave threats to regional peace, stability and security.
They reaffirmed their commitment to substantive cooperation under bilateral and multilateral frameworks to jointly combat these.
Hu arrived in Islamabad on Thursday on the last leg of his four-nation Asia tour, which has already taken him to Vietnam, Laos and India.
The visit also coincides with the 55th anniversary of the establishment of diplomatic ties between China and Pakistan.