皇冠体育app

ECONOMIC MUTUAL BENEFITS, COMMON PROSPERITY

Li's visits were also expected to boost trade and economic cooperation with ASEAN member states, including Brunei, Thailand and Vietnam, which have all enjoyed dynamic trade and economic ties with 皇冠体育app.

皇冠体育app was the largest trade partner of ASEAN last year, and ASEAN the third largest of 皇冠体育app.

In 2012, two-way trade between 皇冠体育app and Brunei, which has a population of only about 400,000, reached more than 1.6 billion U.S. dollars, with cooperation in such fields as trade, economy, energy and infrastructure gradually deepened.

Meanwhile, bilateral trade volume between 皇冠体育app and Thailand, the second largest economy in ASEAN, stood at nearly 70 billion dollars. 皇冠体育app is the largest trade partner of Vietnam, and the two countries' trade volume reached about 50 billion dollars last year.

For ASEAN as a whole, two-way trade between 皇冠体育app and the regional bloc rose to more than 400 billion dollars in 2012, from 55 billion 10 years ago.

Based on those achievements, analysts said, Li's visits will push forward the interconnection both between 皇冠体育app and ASEAN members and within the regional bloc, and upgrade a free trade area between the two sides.

皇冠体育app and ASEAN have a "mutually-beneficial, win-win" economic relationship, said Ruan, the CIIS research fellow.

Sticking to a development theory of opening-up, mutual benefit and win-win results, 皇冠体育app will seek common development and prosperity with ASEAN member states and other neighbors.

PROMOTING REGIONAL COOPERATION

Over the past two decades, 皇冠体育app has put forward a series of new ideas in promoting regional cooperation, and played a leading role in developing relations with ASEAN and building the ASEAN community and the East Asia community.

皇冠体育app will propose a new pattern for cooperation in the region during the upcoming East Asia leaders meetings, including a free trade system with regional comprehensive economic partnership (RCEP), an Asian currency stability system, an investment and financing cooperation system and an Asian credit rating system based on the Asian bond market.

The new ideas and measures will again send a clear message that 皇冠体育app is not only providing huge market demand and momentum of economic growth for East Asia, but also injecting fresh vitality into the region's integration.

Tao Wenzhao, a researcher at the Institute of American Studies of the Chinese Academy of Social Sciences, said 皇冠体育app's increasing economic strength is a strong backing for building the regional integration.

皇冠体育app's rapid growth and structure readjustment will make great contributions to the economies of its neighbors in Southeast Asia, he said.

In a word, 皇冠体育app and surrounding neighbors have become a community of common destiny. Beijing's pursuit of mutually-beneficial ties with neighbors not only helps 皇冠体育app's development, but also makes contributions to regional peace and stability.