Edited and translated
by People's Daily
Online
The informal summit
of the Asia-Pacific Economic Cooperation
ended a short time ago, and a
series of summits discussing East Asia
will be held in the Bali Island
of Indonesia soon.
The driving
effect of the economy of East
Asia has become even more apparent
amid the challenges facing global
economic recovery. No country is
willing to miss the opportunity to
reshape the future of East Asia.
This year, Russia and the United
States formally joined the East Asia
summit.
The rapid economic
development of East Asia has made
many countries of other regions eager
to get a piece of the action.
Currently, many mechanisms exist and
many negotiations are going on in
the economic cooperation of the East
Asia. The Trans-Pacific Partnership Agreement
(TPP) proposed by the United States
is one of them.
The
coexistence of many negotiations and
mechanisms has a positive side. If
the situation develops well, it will
strengthen the cooperation of the East
Asia, promote the integration of the
region and be helpful for the
sustainable economic development of the
world. China has established foreign
trade relations with many countries
and holds an open-minded attitude
towards any proposals promoting the
economic integration and common prosperity,
including the TPP. The risk behind
such coexistence must not be ignored
either. The overlapping and complexity
mean that the coordination work will
be harder and the administrative costs
higher. A key point that must
be emphasized is that replacing the
current cooperative mechanisms with new
cooperative mechanisms will severely damage
the economy of Asia and even
the world. Abrupt replacement will
disturb practical cooperation, and even
lead to chaos and suspend the
various cooperative mechanisms.
The
active economic cooperation of East
Asia is hard earned, and the
Association of Southeast Asian Nations
and three countries of China, Japan
and South Korea (10+3) are the
foundation of the regional cooperation.
This valuable cooperative mechanism, which
can bring abundant benefits, must be
cherished, and more importantly be
strengthened and promoted. In this
aspect, the summit series of the
East Asia will hold a heavy
responsibility.
Cooperative opportunities
and fruits are the key to
judging the effectiveness of a
cooperative mechanism. Who dominates the
cooperative process is not important.
Equal consultation is essential for
pressing ahead with cooperation in
East Asia. Clinging to one’s
own interest and attempting to
establish one's dominance by elbowing
out others will be harmful to
all.
Large countries participating
in cooperation in East Asia should
have comfortable girth, and do more
concrete things for advancing the
regional cooperation.
