He also encouraged Ukrainian companies to expand exports to China and to seek balanced trade.

Zhang said increased investment is key for bilateral economic cooperation.

Zhang also underlined the importance of protecting the legitimate rights of business people, including the safety of personnel and property.

Yanukovich briefed the audience on the Ukrainian economy.

He reassured Chinese entrepreneurs the Ukrainian government will facilitate Chinese investment.

During his stay in Beijing, Yanukovich will also meet with top Chinese legislator Wu Bangguo and Premier Wen Jiabao.

Yanukovich will fly to Shanghai Saturday to attend the 2010 World Expo.

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