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Julia Gillard says a prosperous China is good for the world before embarking on her second visit to Beijing today.
Twenty three countries abstained from the UN vote including Russia, India and China.
Among the developed nations, financial uncertainties continue to weigh on growth in Europe, the survey shows.
Russian state-run oil company Rosneft will hold a 40 per cent stake in the joint venture.
Mexico's president says China is an attractive market for the Latin American country.
Brazil's president says that more water tank trucks will be sent to the hardest-hit regions.
The UN treaty seeks to regulate the international arms trade worth $70 billion annually.
All 10 ASEAN members are negotiating a free trade agreement with China known as the Regional Comprehensive Economic Partnership (RCEP).
Dr Singh said the government will further relax the FDI policy and try to bring down inflation.
China is promoting the public use of its domestic Beidou Navigation Satellite System.
