China and Turkey have signed some 38 contracts for a total of $ 1.05 billion upon closing the forum in Istanbul, aimed to economic cooperation between the two states, Turtsia.ru reported.

Contracts are related to imports of minerals, marble and other products from Turkey to China, as well as joint projects to build power plants.

Direct Chinese investments in the Turkish economy by late September 2009 reached USD 313 million, Turkish exports to China in 2008 totaled USD 1.98 billion since 2000. In 2008 trade between the countries rose from USD 1 billion to USD 12.6 billion