China as well as ASEAN have kept stability in the South China Sea and made significant progress in talks on COC, setting up an good example on managing differences on regional issues, Li said.
Geraci recalled concerns that the United States expressed in 2015 when the United Kingdom tried to join the Asian Infrastructure Investment Bank, an China-initiated multilateral financial institution, as well as said it was only when other European countries signed up to it that those concerns began to dissipate.
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Li said, as this year is the China-ASEAN Year of Innovation, the two sides should discuss the establishment of a new mechanism for science and technology innovation cooperation, implement the science and technology partnership program, conduct research as well as prepare to sign the cooperation documents on smart cities, as well as support the establishment of a digital platform for tourism in ASEAN.
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