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Home >> Business
UPDATED: 08:40, July 06, 2005
China issues state report on GMS cooperation
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China issued a state report on participating in economic cooperation in the Greater Mekong Subregion (GMS), in Kunming, capital of southwest China's Yunnan Province, Tuesday.

Consisting 12 parts, the report introduces in detail China's economic and trade relations with countries in the GMS area, new progress China has made in conducting economic cooperation with GMS countries, and China's plans to conduct cooperation with GMS countries in traffic and transportation, power, telecommunications, agriculture, environmental protection, tourism and human resources in the future.

The report was jointly issued by the State Development and Reform Commission, the Ministry of Foreign Affairs and the Ministry of Finance on the side of the on-going Second Summit of the GMS Economic Cooperation Program, opened Tuesday morning in Kunming.

The theme of the summit is "A Stronger GMS Partnership for Common Prosperity."

The report says that China will act in accordance with the principles of developing friendly partnerships with neighboring countries and making contributions to the overall economic and social development and the improvement of people's living standard in the GMS region.

The report says China and five other GMS countries cherish traditional relations of friendly neighborhood, and GMS economic cooperation is a very important part of China's diplomatic relations with neighboring countries.

Over the years, China has always adhered to the principles of consultation on an equal footing, mutual benefit and common development in taking part in GMS economic cooperation, and has enhanced contact with the five countries in political, economic and social fields.

The report says China has ratified the agreement on facilitating GMS passenger and cargo transportation and funded the dredging of the river course of Mekong and conducted research on the Pan-Asia railway project. China has also ratified the agreement on power trade reached by the governments of GMS countries and exerted greater efforts to promote trade and investment in the GMS region and the building of a bio-diversity corridor in the region.

Meanwhile, China has also conducted a series of training programs regarding human resources, health care, telecommunications and agriculture.

China first issued a state report on taking part in GMS economic cooperation during the First Summit of the GMS Economic Cooperation Program in 2002.

The prime ministers of Cambodia, China, Laos, Myanmar, Thailand and Vietnam are currently attending the second summit to discuss such topics as achievements and challenges, common guidelines to future GMS cooperation, and the path ahead toward sustainable development.

Source: Xinhua


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