BY | November 17, 2012

Beijing, (IANS) China will continue to promote friendship with its neighbours in a mutually beneficial manner, and will make sure its own development brings more benefits to its nearby countries, a minister has said.

Vice foreign minister Fu Ying said the world was watching how a more developed China would choose to use its strength, particularly in its neighbourhood, and the 18th National Congress of the Communist Party of China (CPC) gave a clear answer to such questions.

The congress recommended continued partnership and friendship with China’s neighbouring countries, the minister wrote in an opinion piece in the China Daily.

Former general secretary Hu Jintao said China would promote the idea of “equality and mutual trust, inclusiveness and mutual learning, and mutually beneficial cooperation” in international relations.

On its policy towards neighbours, China will “continue to promote friendship and partnership with our neighbours, consolidate friendly relations and deepen mutually beneficial cooperation with them”, the daily said.

“China will endeavour to make sure that its own development will bring more benefits to its neighbours,” it said.

“China sees its rise as being part of the historical tide of the Asian renaissance. We see our relationship with neighboring areas as an important foundation for China’s global role,” the minister wrote.

“While developing ourselves, we must bring benefits to our neighbours and deepen the bond of mutual benefit with them. Only in this way would we be able to preserve peace and stability in the region and move forward with our neighbours toward shared prosperity and a common destiny,” he wrote.

China’s trade with its Asian neighbours grew from $170 billion to $1 trillion, an increase of six times.

While 10 years ago, China’s total overseas investment was less than $30 billion, at the end of 2011, China invested nearly $300 billion in Asia alone.

China has maintained restraint in addressing maritime disputes and sought to work with its neighbours towards mutually acceptable solutions through peaceful dialogue and negotiations.

The Chinese government, however, must be able to protect China’s rights and interests in the sea.

“We are opposed to any acts of provocation that infringe on China’s sovereignty and territory and cannot but respond firmly when they occur. That is also necessary in order to keep lasting peace in the region,” the minister said.

RELATED

Hyderabad, Sep 20 (IANS) Wal-Mart India, the fully owned subsidiary of Wal-Mart Stores Inc., the world's leading retailer, is extending its B2B platform to its customers in Guntur and Vijayawada towns of Andhra Pradesh. Members of Best Price wholesale stores in the two towns...

This is simply historic and unparalleled. Alibaba (NYSE: BABA) stock price surges to $93.89, IPO a massive success Alibaba's IPO debut is a roaring success. This is one of the biggest debuts in the US market and everyone seems really pleased with this success story that...

alibaba

World population is going to go up substantially in the next 86 years. Earth to have 12.3 billion people by 2100 The population on earth is increasing and if it goes on like this then there are chances that by 2100 it might balloon to anywhere between 9.6 and 12.3 billion....

Immigration reform 2014 is once again a hot topic Latino leaders threaten to boycott November elections if President Obama doesn’t take serious action Latinos are feeling cheated by Obama administration’s lack of interest in taking up the issue of immigration reform and...

LONDON: Despite its spectacular acts of violence, including against westerners, the Islamic State in Iraq and the Levant (ISIL) short and medium-term objectives appear to be local and transnational rather than global, according to an important report published here...