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UPDATED: October 20, 2014 NO. 43 OCTOBER 23, 2014
Innovative Diplomacy
PM's visit enriches China's cooperation with European partners
By Bai Shi

Major Achievements of Premier Li's European Tour

Germany, October 9-12

China and Germany signed trade, investment and technological cooperation deals worth $18.1billion.

The two sides jointly issued an action plan for innovation cooperation, which includes over 200 proposals, items and measures in 20 fields.

China and Germany have agreed to join hands in the cross-border pursuit of fugitives and recovery of booty.

Russia, October 12-14

Thirty-nine agreements were signed between China and Russia.

The documents, including governmental accords and business contracts, cover trade, finance, investment, energy and high-speed railways, people-to-people exchanges, advanced technology, satellite navigation, currency swap and customs.

A local currency swap deal worth 150 billion yuan ($24.4 billion) between the central banks of China and Russia was among the documents signed.

Italy, October 14-18

China and Italy agreed to strengthen cooperation in infrastructure construction, energy and financial services, high-end manufacturing, creative design and aerospace, and to expand bilateral trade, enhance industrial connections and increase two-way investment.

Companies of the two countries signed deals worth 8 billion euro ($10 billion) in various sectors including energy, aeronautics, transportation, environment and shipbuilding.

Li announced that China will donate $50 million in the next five years to the UN Food and Agriculture Organization during a visit to the UN body's headquarters in Rome on October 15.

Premier Li's Proposals at ASEM Summit

- Asian and European countries should jointly safeguard regional peace, security and development.

Key objectives include consolidating unity, continuing their participation in and support for multi-polarization and multilateral cooperation, and properly addressing conflicts and disputes through political and peaceful means.

- Asia-Europe interconnectivity should be strengthened, and trade and investment further liberated, so as to accelerate the establishment of a single Eurasian market.

China is willing to work with regional countries to build an interconnected Eurasian infrastructure network. The ASEM Economic Ministers' Meeting mechanism should be recommenced. A Eurasian center for scientific and technological innovation cooperation should be established.

- Joint efforts should be made to promote people-to-people exchanges and encourage social development.

All parties should support multi-channel and multi-level exchanges and shore up experience sharing in areas including urbanization and public health. Disability affairs should be included in the Asia-Europe cooperation framework.

(Source: Ministry of Foreign Affairs)

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