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'China to promote economic co-op with other SCO members'

Tuesday, 12 June 2007


ST PETERSBURG, Russia, June 11 (CEIS): China will manage to enhance economic cooperation with other members of the Shanghai Cooperation Organisation (SCO) on the basis of mutual benefit and a win-win situation, in a bid to promote common prosperity of all countries in the region, Vice Premier Wu Yi said here yesterday.
The senior cabinet member suggested measures to speed up regional cooperation, typically in terms of building roads, telecommunication networks, electric power grids and railways.
She also proposed measures to facilitate trade by simplifying the customs clearance procedure and unifying quality-control standards when addressing a board meeting of the SCO business council on the sidelines of the 11th St Petersburg international economic forum ongoing in the northwest Russian economic hub.
"Mutually beneficial cooperation between SCO members has resulted in tangible fruits and has entered a news period of substantial cooperation," she said.