China Assures Its Support In Economic Development

QINGDAO, China: June 23 (PNS) - Chinese Foreign Minister Li Zhaoxing assured that China would continue to support Pakistan and other Asian countries meeting their socio-economic targets.

" We are prepared to help in establishing necessary framework, which help the people of the entire region to have better living conditions. We hope the Asia Dialogue Conference (ACD) will help to push forward the cause of overall economic development," Li made the comment in meeting with foreign ministers of Pakistan, Singapore, Cambodia, Thailand, India, Bahrain, Oman, South Korea and Japan, who are here to attend the third ACD foreign ministers' meeting held Tuesday.

Li said since its launch in 2002, ACD has progressed smoothly, with cooperation among ACD member states in full swing in various areas.

He expressed his appreciation to the nine Asian countries for their contribution to promoting cooperation within the framework of ACD.

Li also said as the host country of the ACD foreign ministers' meeting, China is willing to work together with other ACD members to secure new achievements at the upcoming meeting. Meanwhile, the Chinese foreign minister said China is ready to develop good-neighborly relations with the countries and expand and deepen cooperation with them in politics, economy, trade and culture, based on the five principles of peaceful coexistence.

All ministers expressed thanks for the efforts China has made for the third ACD foreign ministers' meeting, saying they believed that the meeting will be crowned a success.

On China's proposal for issuing the Asian Cooperation Declaration and the Qingdao Initiative, two important documents at the meeting, the foreign ministers expressed their approval of the contents in the two documents. Meanwhile, the foreign ministers spoke highly of the active role China has played in promoting regional cooperation in Asia, saying they are willing to develop comprehensive relations with China, including cooperation of mutual benefit.

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