Premier Wen Jiabao to attend ASEAN summit

by · November 19, 2011

November 18, Premier Wen Jiabao held in Bali, Indonesia to attend the fourteenth ASEAN leaders meeting. This is a group photo before the meeting the leaders. Xinhua News Agency reporters Xie Huan and Chi She

newspaper Bali, Indonesia, November 18 (Reporter Lü H, Zhang Hui in) 18, Premier Wen Jiabao attended the tenth in Bali, Indonesia four ASEAN, Japan and ROK (10 +3) Leaders’ meeting.

Wen said, the profound impact of the international financial crisis is still fermenting. A variety of complex factors lead to the world economic outlook becomes uncertain and unstable. East Asian countries to help each other, strengthen cooperation and seek common development and successfully deal with the international financial crisis and maintain a rapid economic growth and financial stability, further deepen regional economic integration. ASEAN 10 +3 cooperation has played an important role. East Asian countries are facing varying degrees of economic restructuring, improving people’s livelihood, and enhance the arduous task of sustainable development, regional development is uneven. We must take more effective measures to strengthen the cohesion and endogenous development of power, by further deepen cooperation to improve the ability to withstand risks and overall competitiveness in the world to take the initiative in changing the pattern of location.

Wen Jiabao put forward, the next phase of the 10 +3 countries should strengthen cooperation in the following areas:

first, speeding up the regional trade liberalization and facilitation. In full respect of the ASEAN center, step by step, taking into account the concerns of all parties, based on the pragmatic promote free trade area in East Asia and East Asia, a comprehensive economic partnership building.

second, to further enhance regional financial cooperation. Chiang Mai Initiative to improve the effectiveness of multilateral agreements, development crisis prevention capabilities, and actively promote the Asian bond market development, promotion of local currency bond issues, strengthening regional trade settlement currency and other new areas of research.

third, to increase the interoperability of the East Asian investment in the construction, in order to lay the foundation for promoting the integration of East Asia.

Fourth, to strengthen science and technology, new energy, environmental protection, food security, health care and other areas of cooperation to promote regional economic development pattern and sustainable development.

Wen Jiabao pointed out that East Asia cooperation is a crucial stage of development, adhere to the ASEAN-led, highlighting the development, mutual benefit and win-win theme continued with 10 +3 as the main channel to promote the integration of East Asia, in line with the common interests of all countries . Next year is the 10 +3 cooperation process launched 15 years, we have to take this opportunity to further strengthen our confidence, unity and cooperation, 10 +3 cooperation to a higher level.

other leaders said the 10 +3 cooperation has withstood the test of the international financial crisis, showing vitality and broad prospects for development. Currently, the world economic situation is still grim, East Asia development opportunities and challenges, the 10 +3 countries have the confidence and determination to strengthen pragmatic cooperation, earnestly implement the consensus reached by the East Asian countries to improve the overall ability to respond to crises and promote sustainable development for the benefit of the people in the region.

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