China & Philippines Cooperation
Zemin, Jiang, Estrada, Joseph P., Presidents & Prime Ministers
President Jiang Zemin
President Jiang Zemin said China and the Philippines are close neighbors, and friendship between the two peoples can be traced back to ancient times. During the 25 years since the establishment of diplomatic relationship, the bilateral ties have witnessed smooth growth, and development has been achieved in cooperation in the political, economic and cultural fields for the benefit of the two peoples.
President Jiang Zemin put forward four specific proposals on the direction for the future development of bilateral relations. First, both countries should deepen their mutual trust, and promote the growth of a healthy relationship. China and the Philippines are friendly neighbors, and their peoples are like relatives.
We sincerely hope that the two nations will get along with each other peacefully and will be good neighbors, good friends, and good partners forever.
Second, China and the Philippines should deepen cooperation and further consolidate the foundation of bilateral ties. The two sides should carry out overall cooperation, especially in the economic and trade sector.
Third, both countries should properly handle existing problems in the spirit of seeking truth from facts. The issue concerning the South China Sea is left over by history, which can not be settled immediately. China advocates the peaceful settlement of disputes through negotiations among the parties concerned in accordance with universally recognized principles of international law and modern maritime law, including the United Nations Convention on the Law of the Sea. This fully demonstrates China's sincerity of safeguarding regional peace, stability and bilateral ties with countries concerned. The most practical measure for settling the issue is to "put aside disputes and seek common development".
Fourth, the two countries should offer mutual support in order to safeguard their common interest in international affairs. China and the Philippines share many common interests in reinforcing regional cooperation and establishing a new international political and economic order. The two sides enjoy a broad cooperative foundation and can reinforce communication and coordination, especially in the international organizations, such as the UN, the WTO, the APEC, and the informal meetings of East Asian leaders.
President Estrada said that during his stay in Beijing, the two sides will sign a joint statement on bilateral cooperation oriented towards the 21st century, as well as other documents which will be milestones in the history of Philippine-Chinese relations, and set the direction for the development of these relations. …