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Wen: China, EU should show great foresight in shaping future

(Xinhua)
Updated: 2009-11-30 20:20

The two sides should encourage and support mutual investment, enhance cooperation in such areas as intellectual property protection, facilitation of trade and investment and small and medium-sized enterprises, he said.

The two sides should make use of the bilateral mechanism to expand cooperation in the fields of energy-saving, the improvement of energy efficiency, the development of renewable energy and the exploitation and utilization of clean coal and coal bed methane, said Wen, adding this is conducive to coping with financial crisis and climate change.

He suggested the two sides to hold the first China-EU Cultural Summit Forum and the China-EU Intangible Cultural Heritage Exhibition and Symposium, and make the year 2011 as the "China-EU Youth Exchange Year" and establish a China-EU youth ministerial-level meeting mechanism.

China welcomes the EU to enhance pragmatic cooperation with its provinces and autonomous regions, he noted.

Wen emphasized that China and the EU should continue to maintain the strength of the economic stimulus package, enhance the coordination of the macro-economy policy and financial supervision, in a bid to boost the comprehensive recovery of world economy and the sustainable development.

He also called on the two sides to pay more attention to the development of the developing countries. He said the two sides should fulfill the commitment of providing assistance to the developing nations and enhance those nations' capacity of self-development. China and the EU should make concerted efforts to expand the aggregate demand of the world so as to find a fundamental solution to the world economic imbalance.

The 12th China-EU summit began in Nanjing, capital of east China's Jiangsu province, Monday morning. Initiated in 1998, the China-EU summit is the highest-level political consultation mechanism between the two sides.

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