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Having said this, joint efforts are still needed in order to scale up mutual investment and speed up SME cooperation. We need to strengthen the traditional areas of economic cooperation including China's import of oil, gas, coal, electricity and lumber and other major commodities; we need to expand the use of local currencies in our business ties; we need to implement the agreed investment projects; we need to make full use of the platforms offered by such events as the China-Russia Expo, St. Petersburg International Economic Forum and Eastern Economic Forum; and we need to unlock the potential of sub-national and border area cooperation through the Yangtze River - Volga River and China's northeast - Russia's far east mechanisms.
As Roach has argued, China, with its far larger saving cushion and much smaller sovereign debt burden (49 percent of GDP), is in much better shape to avoid a sovereign debt crisis.
After their meeting, Wang and Abbasi attended the completion and inauguration ceremony of important cooperation projects between the two countries and the signing ceremony of bilateral cooperation documents.
He called on all sides to seize the opportunity to integrate their development strategies, strengthen practical cooperation, push forward major projects and deepen people-to-people exchanges in order to further consolidate political mutual trust, expand cooperation and open a new chapter for the development of the 16+1 cooperation mechanism.
Underpinning such ballast stone efforts, the two countries vowed to work together and establish a comprehensive and effective security mechanism in Northeast Asia as early as possible, while stressing that dialogue and consultation are the only viable solution to crisis on the Korean Peninsula.
来源：资阳报