Business / Economy

China pledges to provide developing countries with much-needed infrastructure

(Xinhua) Updated: 2015-08-06 16:10

KUALA LUMPUR - Chinese Foreign Minister Wang Yi said that China will provide developing countries including the Southeast Asian nations with infrastructure "most in need."

At a press conference after the China-ASEAN (10+1) Foreign Ministers' Meeting on Wednesday, Wang said the priorities of the cooperation between ASEAN and China in the 21st Century Maritime Silk Road should be the infrastructure construction and international cooperation in production capacity.

The minister said China and the ASEAN countries, at different stages of industrialization, could realize complementarity. The cooperation between them bore its unique characteristic, he said, which meant China will take the needs of target countries into consideration before it provide the infrastructure and industrial production capacities "most in need."

"That is certainly of high quality and sustainability," he said.

During the process of cooperation, China had no intention of competing with other countries, the Chinese minister said. However, it seemed that certain country did not really want to work on cooperation, but actually intended to "grapple with" China.

All countries should give full play to their respective advantages and focus on their own affairs, Wang said.

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