Chinese Foreign Minister Yang Jiechi met Klaus Schwab, founder and chairman of the World Economic Forum (WEF), in Geneva Thursday to discuss the promotion of bilateral cooperation.

Yang praised the productive cooperation between China and the forum over the past 30 years. He emphasized that China attached great importance to the forum's important role in global economic and social development and said he hoped that both sides would deepen their cooperation.

The minister expressed his views on the current economic situation, both in China and the world, and China's measures to tackle the ongoing global financial crisis.

The forum will hold the Third Summer Davos Forum in China's northeastern city Dalian in September.

Yang believed that the upcoming Summer Davos Forum would certainly be a great success by soliciting worldwide support for coping with the financial crisis and realizing economic recovery. It would also add color to the 30th anniversary of cooperation between China and the WEF.

Schwab said he was glad to see that the WEF and China had established good cooperative relations. He added that he greatly appreciated China's important input in dealing with the financial crisis and expressed the wish that both sides would strengthen their partnership to ensure the success of the Summer Davos.

The WEF, founded in 1971, is a Geneva-based non-profit foundation best known for its annual meeting in Davos, Switzland. It brings together top business and international political leaders, select intellectuals and journalists to discuss the world's most pressing issues.

(Xinhua News Agency August 14, 2009)