More than 200 Party officials, managers and researchers of Vietnam and China are attending the 5th theoretical seminar between the two nations’ Communist Parties which opened in the Chinese province of Fujian on Dec. 12.

The seminar focuses on theory and reality in coping with the global financial crisis as well as experiences of Vietnam and China in this field.

The Vietnamese delegation is headed by To Huy Rua, Politburo member and Head of the Communist Party of Vietnam Central Committee (CPVCC)’s Information and Education, while the Chinese delegation is led by Liu Yunshan, Politburo member and Head of the Communist Party of China Central Committee (CPCCC)’s Publicity Department.

Opening the event, both Hoang Binh Quan, CPVCC member and Head of the CPVCC’s Commission for External Relations, and Wang Jiarui, member of the CPCCC and Head of the CPCCC’s International Liaison Department, said the annual seminar aimed to share experiences regarding theoretical and practical issues of mutual concern.

The seminar was also designed to increase mutual understanding and trust, step up the comprehensive strategic cooperative partnership between the two Parties and States, and enrich the scientific socialism’s theoretical treasure, they said.

Rua, who is also Secretary of the CPVCC and Head of the CPVCC’s Theory Council, analysed the nature, causes, scope, levels and impacts of the current global financial crisis.

The Party official also touched upon Vietnam ’s experiences and lessons, and emphasised the need to beef up cooperation in theoretical research between the two countries.

In his speech, Liu presented the Chinese Party and government’s assessment as well as policies, solutions and results and experiences accumulated from weathering the crisis.

Liu, who is also a member of the CPCCC’s Secretariat, said seeking ways of effectively dealing with the crisis and fostering economic recovery is seen as a common task of nations throughout the world and an urgent issue for both parties of China and Vietnam .

The seminar will last until Dec. 14./.