China's presence in East Asia cooperation summit important for regional cooperation: Ambassador Chinese Ambassador to Myanmar Yang Houlan speaks to media at a press conference in Yangon, Myanmar, Nov. 8, 2014. China's presence in the upcoming series of leaders' meetings in Myanmar on East Asia Cooperation is of great importance to strengthening East Asia regional cooperation and maintaining its peaceful and stable situation, Chinese Ambassador to Myanmar Yang Houlan told a press meeting here Saturday on the eve of Chinese Premier Li Keqiang's upcoming attendance of the summits and official visit to Myanmar. Xinhua/U Aung YANGON, Nov. 8 (Xinhua) -- China's presence in the upcoming series of leaders' meetings in Myanmar on East Asia Cooperation is of great importance to strengthening East Asia regional cooperation and maintaining its peaceful and stable situation, Chinese Ambassador to Myanmar Yang Houlan told a press meeting here Saturday. Chinese Premier Li Keqiang is going to attend the series of leaders' meetings on East Asia Cooperation including the 17th ASEAN-China Summit, the 17th ASEAN+3 (China, Japan and South Korea) Summit and the 9th East Asia Summit (EAS) in the Myanmar capital of Nay Pyi Taw and pay a state visit to Myanmar from Nov. 12-14 at the invitation of President U Thein Sein. On the occasion, China will further introduce its policy and standpoint about the East Asia cooperation and put forward some new measures and initiatives about the cooperation, Yang said. On the 17th ASEAN+1 (China) Summit this year, the Chinese side will advocate to continue to enhance political mutual trust between both sides, to build the 21st century maritime Silk Road, actively implement the "2+7 Cooperation Framework" , strengthen exchanges and cooperation in various fields of finance, maritime, security, culture and interconnection, and promote China-ASEAN strategic partnership continuously move forward. At the meeting, China will also reiterate its willingness to work with ASEAN countries to reaffirm the full and effective implementation of the "Declaration on Conduct of Parties in the South China Sea" and jointly maintain peace and stability in the South China Sea, he said. On the 17th ASEAN+3 summit, he said the Chinese side will emphasize to speed up the process of regional economic integration and make efforts toward the goal of East Asian Economic Community in 2020. China will put forward some new concrete initiatives in promoting East Asian interconnection, trade and investment, poverty alleviation and development, and social and cultural exchanges, he added. On the 9th East Asia Summit, Yang said China will emphasize to promote cooperation in six areas of priority, strengthen cooperation on non-traditional security fields of anti-terrorism, dealing with infectious diseases, climate change and disaster management, adding that Premier Li will also hold bilateral meetings with leaders of relevant countries. Noting that 2014 is the year to begin the second decade of China-ASEAN strategic partnership, he said the economic and trade cooperation between China and ASEAN promotes ASEAN countries' economic development. According to Ambassador Yang, China-ASEAN bilateral trade is growing steadily with its trade volume in 2013 registering 443.6 billion U.S. dollars, an increase of 11 percent. In the first nine months of 2014, the trade volume is 343.6 billion USD, up 7.5 percent. China's trade with ASEAN has accounted for more than 10 percent of China's total foreign trade. As for mutual investment, it has been expanding, with two-way investment between China and ASEAN having amounted to 123.1 billion USD by the end of September 2014, of which ASEAN countries have invested more than 90 billion USD to China. A number of cooperative projects has also been implemented in the fields of electricity, bridges, agriculture and manufacturing. In particular, China set up the China-ASEAN Investment Cooperation Fund, providing concessional financial support to ASEAN, promoting economic development of ASEAN countries and benefiting local people. The two sides have been able to hold the first round of negotiations of China-ASEAN Free Trade Area upgrading in September 2014, and the regional comprehensive economic partnership agreement has developed from procedural consultations to substantive negotiations.