Chairman Wu Bangguo of the Standing Committee of the National People's Congress (NPC) met in the Great Hall of the People with Venezuelan President Hugo Rafael Chavez Frias on December 23, 2004.

Wu said China-Venezuela relations have developed rapidly with the concerted efforts of both sides. Bilateral economic and trade cooperation is highly complementary, boasting a good foundation and great potential. The two countries hold identical or similar views on international affairs and have conducted good cooperation on many international occasions. The exchanges of visits between top leaderships of the two countries are of great significance to the development of bilateral relations. President Chavez's third state visit to China, which happens to fall on the occasion of the 30th anniversary of the establishment of China-Venezuela diplomatic relations, will definitely promote further development of the strategic partnership for common development between the two countries. Wu also expressed his gratitude to Venezuela for sticking to the one-China policy.

Wu said China's NPC attaches importance to the friendly exchanges and cooperation with the Venezuela's National Assembly (AN) and would like to promote exchanges at all levels and give further play to the roles of the Friendship Groups so as to contribute to the constant deepening of China-Venezuela friendly and cooperative relations.

Chavez thanked China's understanding and support for Venezuela over the years, indicating that his country pays plenty of attention to and thinks highly of China's development. He hoped to exchange views with Chinese leaders on Venezuela–China relations during the visit to further bilateral ties. He said that Venezuela firmly upholds the one-China policy, always believing that Taiwan is part of China. The Venezuelan parliament is willing to enhance exchanges with China's NPC and will establish Friendship Groups to promote mutual understanding and friendship between the two countries and peoples.