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16.Both sides recognize that infrastructure cooperation has been a highlight of China-Philippines bilateral cooperation. The two sides will work for the timely completion of the Chico River Pump Irrigation Project and the Binondo-Intramuros and Estrella-Pantaleon Bridges, facilitate the implementation of projects such as the New Centennial Water Source-Kaliwa Dam Project, the Safe Philippines Project Phase I and the Philippine National Railways South Long Haul Project, and other priority projects lined up for feasibility study support and implementation, and ensure effective implementation of ongoing projects. Both sides will work towards the formulation of relevant procedures and protocols for government concessional loan (Renminbi-denominated loan), and utilize preferential buyer's credit, commercial loans for development and co-financing arrangements between China and multilateral development banks, to provide financial support to key infrastructure projects.
During the fourth regular meeting between the Chinese premier and the Kazakh prime minister in Beijing, Li told his Kazakh counterpart Bakytzhan Sagintayev that China will also work to translate the two countries' high-level mutual trust and the will to cooperate into substantial results.
China will push forward the Palestine-Israel peace talks and continue to play a positive role in the early realization of a comprehensive and just settlement of the Palestinian issue, he said.
Participants in the meeting also passed a draft amendment to the Patent Law in an effort to protect property rights and crack down on infringement, the statement said.
He said the door to China will never be closed and will only be opened wider and wider, and this is a strategic choice based on China's development needs.