Chinese Premier Calls for More Practical Cooperation within Framework of ASEAN+3

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• published: 09 Sep 2016
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Chinese Premier Li Keqiang said Wednesday that practical cooperation between ASEAN members and China, Japan and South Korea should be promoted steadily so as to safeguard regional peace and stability. Li made the remarks while attending a summit of ASEAN and the three countries (ASEAN+3) in Vientiane, capital of Laos. On the occasion of the 20th anniversary of the establishment of the ASEAN+3 mechanism next year, Li made a six-pronged proposal on the mechanism's development to consolidate its role as the main channel of regional integration. As for financial security cooperation, Li said that countries should learn a lesson from financial crises. As to trade and investment cooperation, Li said China supports ASEAN's leading role in negotiations on the Regional Comprehensive Economic Partnership (RCEP) and hopes negotiations could be accelerated to promote free trade and trade facilitation. With regard to agricultural cooperation and poverty reduction, the premier said China supports the strengthening of an emergency rice storage mechanism. He proposed to build a modern agricultural cooperation base and an East Asian animal husbandry exchange platform. Concerning interconnectivity cooperation, Li called for more alignment between the China-proposed Belt and Road Initiative with ASEAN's general guideline 2025 on interconnectivity, adding that China is willing to deepen project cooperation with ASEAN countries with the assistance of the Asian Infrastructure Investment Bank and other financing tools. Relating to innovating production capacity cooperation, Li said China, Japan and South Korea have their respective advantages in equipment manufacturing, infrastructure construction, capital and human resources, which could be used in cooperating with ASEAN countries. China is also willing to work with Japan and South Korea to offer assistance to ASEAN nations in logistics and construction of supply chain to promote economic integration in East Asia, he noted. About people-to-people exchanges, Li said that China encourages its people to travel in ASEAN countries, calling for joint efforts to tackle the problem of aging. Li said Asia's prosperity and development cannot do without regional peace and stability and called on countries to cherish the current "generally stable" security situation in Asia. He said China advocates common, comprehensive, cooperative and sustainable Asian security, proposing to construct a security framework that benefits all sides so as to reduce repulsion, avoid confrontation and properly handle various sensitive issues to open a way of safe development that conforms to regional reality. Leaders present at the meeting said the ASEAN+3 cooperation has achieved positive progress and all countries should maintain such positive momentum. The ASEAN+3 cooperation has served as an important channel to regional cooperation and make unique contribution to regional stability and prosperity. As next year is the 20th anniversary of the establishment of the ASEAN+3 mechanism, every country should work together to set the blueprint of East Asia Economic Community, speed up the ASEAN+3 cooperation process and achieve common and sustainable development. More on:http://www.cctvplus.com/news/20160908/8031671.shtml#!language=1 Subscribe us on Youtube: https://www.youtube.com/c/CCTVPlus CCTV+ official website: http://www.cctvplus.com/ LinkedIn: https://www.linkedin.com/company/cctv-news-content Facebook: https://www.facebook.com/NewsContent.CCTVPLUS Twitter: https://twitter.com/CCTV_Plus