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SEOUL, Nov. 1 (Xinhua) -- China, Japan and South Korea should expand trade and tap mutual investment potential to promote growth of the three East Asian neighbors amid weak economic growth worldwide, Chinese Premier Li Keqiang said on Sunday.
Preferential tax policies, loan interest subsidies, and other kinds of favorable financial incentives will be provided to encourage financial institutions to offer more innovative products for poverty alleviation.
On maritime cooperation, he urged the two sides to properly deal with and control their differences, gradually accumulate consensus and expand common interests through bilateral negotiations, and strive to achieve the common goal of joint exploitation.
In order to avoid fragmentation, Liu Chenyang, director of the APEC research center of Nankai University, suggested that the Asia-Pacific economies need more coordination among the existing free trade arrangements and promotion of the construction of FTAAP.
At the summit, the Chinese president encouraged the BRICS countries to be confident in their cooperation mechanism against the backdrop of some complicated factors facing the bloc, such as the downward pressure on them due to the sluggish global economy, and external hypes of pessimistic views on the member states' prospect and doubts over the effectiveness of BRICS cooperation.
来源：资阳报