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Director-General of the Department of International Economic Affairs of the Foreign Ministry Zhang Jun Introduces Outcomes of State Councilor and Foreign Minister Wang Yi's Attendance at the GMS Summit to Chinese and Foreign Media

2018/04/01

On March 31, 2018, Director-General of the Department of International Economic Affairs of the Foreign Ministry Zhang Jun held a briefing for Chinese and foreign media at the press center of the Chinese delegation, introducing relevant situation of State Councilor and Foreign Minister Wang Yi’s attendance at the 6th Greater Mekong Sub-region (GMS) Summit and answering questions.

Zhang Jun expressed that as a member of the GMS, China attaches great importance to the GMS economic cooperation. State Councilor and Foreign Minister Wang Yi attended the whole summit, during which he elaborated on China’s stance and propositions on a series of major issues regarding the sub-regional development, and exchanged in-depth views with the attending leaders of various countries, scoring positive outcomes.

First, further enhance political mutual trust and deepen partnership. Wang Yi stressed that China will, in line with the concept of amity, sincerity, mutual benefit and inclusiveness and the policy of forging partnership and friendship with its neighbors, carry forward the spirit of partnership, and deepen political mutual trust and practical cooperation, in a bid to build a closer sub-regional community with a shared future. Appreciating China’s contributions to sub-regional cooperation, all parties stand ready to deepen mutually beneficial cooperation with China so as to realize common development. The Leaders’ Declaration adopted at the summit set the goals of strengthening partnership and building a community with a shared future, which will provide important guidance for sub-regional cooperation.

Second, vigorously promote sub-regional cooperation and seek mutual benefit and win-win results. Combining the situation facing the sub-region, Wang Yi advocated that all countries should join hands to promote stronger economic growth, build a more open cooperation pattern, create a more interconnected network of connectivity, and deepen partnership. The GMS economic cooperation and Lancang-Mekong Cooperation have respective advantages and can produce the effects of complementarities. Agreeing with the cooperation propositions put forward by China, all sides expressed that they are ready to deepen cooperation in such fields as promoting regional economic integration and trade and investment liberalization and facilitation, as well as enhancing connectivity.

Third, strengthen the alignment of sub-regional cooperation and the “Belt and Road” to form the synergy of development. Wang Yi emphasized that the “Belt and Road” will bring important opportunities for the sub-regional development, and advocated that all countries should take practical measures in aligning policies, building the economic corridor, deepening economic and trade cooperation, and boosting people-to-people bonds and other aspects to form synergy of development. China welcomes all countries to actively participate in the second Belt and Road Forum for International Cooperation. Speaking highly of the achievements made in the “Belt and Road” construction and the opportunities it has brought for the sub-regional development, all sides expressed their active willingness to participate in the “Belt and Road” construction and strengthen the alignment of sub-regional cooperation and the “Belt and Road”. Relevant consensus has also been fully demonstrated in the Leaders’ Declaration.

Fourth, profoundly elaborate on China’s policies and measures of reform and development, and share China’s development opportunities. In his speech at the summit and talks with all sides, Wang Yi fully elaborated on the spirit of the 19th National Congress of the Communist Party of China (CPC) and Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, and introduced China’s important deployments in such aspects as deepening reform and opening up across the board, boosting high quality development, and advancing the building of a community with a shared future for mankind. Wang Yi stressed that China’s development will first benefit the GMS countries. No matter what degree of development China may reach, China will always be a trustworthy, reliable and good neighbor, friend and partner of the neighboring countries. Leaders of all countries highly commended the splendid achievements the CPC and the Chinese people have made under the leadership of General Secretary Xi Jinping. They cherish the opportunities brought by China’s development and look forward to strengthening cooperation with China so as to realize common development.

Wang Yi also clarified China’s position on some countries’ adoption of trade protectionism. Wang Yi stressed that, in today’s world, economies of all countries are closely interconnected with and depend on each other. Protectionism and trade war offer no way out and no winner at all. Opening should work both ways. China opens itself to other countries and hopes others will be open to China. China is willing to share the development opportunities with all the other countries. However, adopting protectionism means shutting the door into China and will definitely harm one’s own interests. China has the confidence and the ability to cope with any challenge, and will take necessary measures to safeguard its own legitimate interests. Meanwhile, no matter how the world economic situation and external environment change, China will unswervingly march on the path of reform and opening-up, take further measures to expand opening-up, and deepen mutually beneficial cooperation with all sides, in a bid to realize win-win and all-win results. The participating countries also expressed their propositions on opposing trade protectionism and further promoting trade and investment liberalization and facilitation in the sub-region.

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