Sunday, October 4, 2015   

Li Keqiang nudges region to further free up trade
(04-10 12:11)

Chinese Premier Li Keqiang on Thursday called on Asian countries to find new drives to re-energize the region in face of new development and new challenges.
Asian countries need to build a community of shared interests, common destiny and shared responsibilities, Li said when delivering a keynote speech at the opening ceremony of the Boao Forum for Asia (Annual Conference 2014 held in Boao, a coastal town in south China's Hainan province.
Uncertainties and destabilizing factors in the world are increasing, and the spillovers of the international financial crisis are still affecting Asia, he said.
Meanwhile, some Asian countries have been crippled by economic slowdown, rising inflation, capital withdrawal and currency depreciation. Pessimistic views about the prospects of emerging economies have resurfaced, Li said.
To sustain its development momentum under the new conditions, Asia needs to find a fresh source of development drivers, the premier said.
"Economic integration is central to achieving common development in Asia," he said.
Asian countries need to work together to further liberalizing trade and facilitating investment, as well as upgrading regional and sub-regional cooperation, he added.
The premier also highlighted the importance of a peaceful and stable regional environment to Asia's progress and development.
He urged Asian countries to build consensus, make active efforts and jointly fulfill the due responsibilities.
Li underscored again China's commitment to peaceful development and its resolution to defend its territorial sovereignty.
"We will give full support to initiatives that help strengthen maritime cooperation," Li said, "on the other hand, we will respond firmly to provocations that undermine peace and stability in the South China Sea."
An international non-governmental and non-profit organization founded in 2001, the BFA works to promote regional economic integration and bring Asian countries closer to their development goals. The theme for this year's conference is "Asia's New Future: Identifying New Growth Drivers". --Xinhua   
Other China breaking news:
EDF chief tells China to make up its mind on nuke deal (10-02 21:30)
533 tax officials punished for deals with agents (10-02 19:15)
Guangdong and Hainan on alert for typhoon (10-02 16:23)
Xi Jinping book sales reach ‘record’ levels (10-02 13:37)
Infotech industry worth 16 trillion yuan, report says (10-02 13:14)
Extra portable toilets at popular square (10-02 13:10)
Seven killed and dozens injured in 17 explosions at southern China buildings (09-30 21:33)
Apple Music debuts in China – for 10 yuan a month (09-30 21:29)
Vietnam jails ex-foreign ministry official for passing secrets to female Chinese intel agent (09-30 16:36)
3,100 officials punished for high-life (09-30 16:17)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.