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Chinese President Hu Jintao (L) and Ukrainian President Viktor Yanukovych (R) review an honour guard in Beijing on September 2, 2010 during Yanukovych's visit to China. AFP Ukraine and China have concluded 13 bilateral agreements on cooperation in various fields during the state visit of Ukrainian President Viktor Yanukovych to China.

A ceremony for signing documents was held in Beijing on Thursday after a meeting between Yanukovych and Chinese Leader Hu Jintao. In particular, the leaders signed a joint statement on advancing the Ukrainian-Chinese relations in all areas to a new level.

In addition, Ukrainian Foreign Minister Kostiantyn Hryschenko, Vice Prime Minister Andriy Kliuyev and their Chinese counterparts signed the document on the key directions of Ukrainian-Chinese cooperation from 2010 to 2012. Ukrainian Economy Minister and Chief of the Customs Service of Ukraine signed an intergovernmental agreement with China on China's giving a grant for the introduction of the system of verification of the genuineness of valuables declared at Ukrainian customs.

In addition, a cooperation agreement between the Chambers of Commerce of Ukraine and China and a program of cooperation in the space sector for 2011-2015 were signed. The parties signed an agreement on the construction of a railway from Boryspil International Airport to Kyiv and an agreement on the construction of a gas turbine hydroelectric power plant in the town of Scholkine in Crimea.

The Ukrainian president said after the ceremony, that Ukraine could attract investments worth a total of $4 billion under the signed agreements. In addition, Yanukovych said that Ukraine and China would soon prepare a new strategic agreement.

"We have agreed with Chairman Hu Jintao that we will choose a convenient time and our staff will prepare a new strategic agreement in the near future, which will, in fact, turn a new page in relations between Ukraine and China," Yanukovych said.