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BEIJING, June 6 (Xinhua) -- Premier Li Keqiang has urged authorities to adopt new mindsets to cut red tape and delegate power to lower levels to invigorate the market.

He hailed the all-round stable growth of bilateral cooperation over the past 40 years, citing strengthened political trust and personnel exchanges, and trade volume over 100 billion US dollars.

"The fruitful energy cooperation has helped lift the general level of practical cooperation between the two countries," Zhang said.

The drill is the fifth of its kind under the SCO framework and will aim at countering terrorism, separatism and extremism, safeguarding regional peace and stability and improving the militaries' coordinated ability to fight terrorism, said China's Ministry of National Defense.

Firstly, he said, China and Britain agreed to boost cooperation in nuclear power and high-speed rail, combining China's enormous market and advantageous equipment with Britain's advanced technology and innovative strength to realize joint creation and joint exploration of third markets.