Innovative diplomacy
- By Bai Shi
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E-mail Beijing Review, October 20, 2014
Today, China is recovering the prosperity of its old industrial base in the northeast and Russia is making efforts to develop its Far East region. The two neighboring regions have a strong thirst to do business. As a result, the demand for currency swaps is increasing, Chen said.
She added that a planned Eurasian high-speed transport corridor linking Beijing and Moscow which will promote people-to-people exchanges for the two giant neighbors.
This year marks the 10th anniversary of the establishment of the China-Italy comprehensive strategic partnership.
During Li's visit, the two countries also inked a slew of new cooperation documents on trade, investment, infrastructure construction, energy, finance and innovation.
Speaking at a joint press conference on October 14 with his Italian counterpart Renzi, Li stressed that China and Italy, both heirs to great ancient civilizations, enjoy inborn advantages in people-to-people exchanges, and the two sides should continue to deepen cooperation in culture, education and tourism.
China-EU ties
The 10th ASEM Summit in Milan on October 16-17 was an important multilateral diplomatic event for China this year. And it was the first time that Li has attended this biennial meeting.
The first ASEM Summit was held in Bangkok, Thailand, in 1996. It currently serves as the highest-level dialogue mechanism existent between Asia and Europe. Today, the meeting mechanism consists of 20 Asian states and 31 European states, which account for over half of the world economy and 60 percent of the global population.
As an original member state, China attaches importance to ASEM and has made a valuable contribution to the development of the mechanism. China regards it as an important platform for cementing diplomacy with neighboring countries, expanding cooperation space and maintaining good ties with both Asian and European countries.
The Chinese premier attended every ASEM summit. The country has put forward a good many practical proposals in successive meetings and it has held the most ministerial meetings of any member country.
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