Wen proposes to safeguard financial stability

The third China-Russia Economic and Trade Summit Forum was held in Moscow yesterday, Chinese premier and his Russian counterpart attended the opening ceremony and made speeches.

The China-Russia strategic partnership of cooperation is the most unique, important and sound, said Wen,.

Deepening bilateral cooperation in various fields is significant not only for the fundamental interests of the two countries but also for peace and stability in the Eurasian region and the whole world, he said.

He urged the two countries to join hands in opening up new prospect in bilateral relations, especially the strengthening of cooperation in economy and trade.

Strengthening bilateral long-term strategic cooperation in energy and natural resources is conducive to the development of the two economies and maintaining the stability of the international market, Wen said.

In order to optimize bilateral trade structure, the proportions of mechanical and electrical products and high-tech products in trade should be lifted, Wen said.

He called on the two countries to further strengthen communication and cooperation, discuss policies and measures to counter the global financial crisis and make contributions to improving the international financial system.

He urged the two sides to enhance exchanges in such fields as culture, education, science and technology and tourism, in efforts to further the understanding between the two peoples and the traditional friendship.

To better meet the opportunities and challenges of globalization, China and Russia should closely work together to promote the establishment of international economic and trade principles, breaking protectionism in trade and taking part in the integration of regional economy, he said.

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