Chinese President Xi Jinping (L) shakes hands with his Turkish counterpart Recep Tayyip Erdogan in Antalya, Turkey, Nov. 14, 2015. (Xinhua/Pang Xinglei)
Since China-Turkey relations were elevated to a strategic partnership in 2010, Beijing and Ankara have been striving to promote mutual trust and deepen trade, economic and investment ties.
The two countries, having many common interests and Asian attributes, have been working closely at the Group of 20 (G20) platform as emerging economies, and have always been boosting cultural and tourist exchanges.[Special coverage]
The ongoing G20 summit in Turkey's Mediterranean coastal city of Antalya will provide a good opportunity for further cooperation between the two countries.
Turkey, located at one of the western ends of the ancient Silk Road, applauds Chinese President Xi Jinping's initiative of building the Silk Road Economic Belt and the 21st Century Maritime Silk Road.
COMMON INTERESTS
As emerging economies, China and Turkey have been coordinating on policymaking and communication on major international issues through various channels, such as the G20, which gathers major economies of the world and represents nearly 80 percent of global trade.
Against the backdrop of a weak global economic recovery, both China and Turkey have made efforts to maintain robust growth to inject impetus into the world economy and promote fair global governance.
Criticizing some global economic and financial institutions as outdated in handling crises, Ramazan Tas, the director of Ankara-based HESA Economic Research Center, said that they are very far from enhancing good global governance and must be reformed.
"Developed countries must open their markets generously to developing countries to stimulate fair, shared and sustainable global trade and global economic growth," said Tas, who also heads the Economics Department at Turgut Ozal University.
"The G20 leaders' summit opens a golden window of opportunity for establishing a good global governance for every global citizen," he said.
Turkey and China, the current and upcoming host countries of the G20, have already been coordinating on several issues on the G20 agenda along with Australia, last year's host, as part of the G20 troika.
It is expected that the cooperation between Beijing and Ankara, especially on governance issues for the global economic and financial bodies, will continue after the Antalya summit.
