Chinese Foreign Minister Yang Jiechi held official talks with his Icelandic counterpart Ossur Skarphedinsson here on Monday, vowing to further expand mutual understanding and push forward bilateral ties up to a new stage.

Calling the two countries good friends and partners, Yang said China and Iceland enjoy solid foundation of trust though they had different national conditions. Both sides had fruitful cooperation in the areas such as trade, fishery and culture, and kept sound contacts and coordination in global and regional affairs.

"China is ready to take the chance of the 40th anniversary of the establishment of diplomatic ties next year to further enhance understanding and cooperation with Iceland," Yang said.

Skarphedinsson reiterated his country's adherence to the one-China policy, adding Iceland is committed to strengthening bilateral pragmatic cooperation in various areas.

Hailing the smooth growth of bilateral ties, he extended appreciation for China's support for his country when it was severely hit by the global financial crisis these years.