The key to the fast development and vitality of "16+1" cooperation lies in our commitment to the principle of "equal consultation, mutual benefit, openness and inclusiveness, being results-oriented and innovative" in developing our cooperation. Equal consultation means we believe countries are all equal regardless of size, and issues should be addressed through discussion among all instead of being dominated by one. We should strive to maximize our common ground, minimize differences, and optimize our role in the cooperation. Mutual benefit means that under the principle of government support, corporate initiative and market-based operation and in keeping with international practices, we have leveraged our comparative advantages to make the pie of common interests bigger. Openness and inclusiveness means we have worked together in coordination and mutual support and in an open, fair and transparent manner. The comfort levels of all sides have been accommodated. Together, we tap potential by two-way opening, take on challenges with interconnected efforts and seek development through cooperation. Being results-oriented and innovative means that with a focus on such key cooperation areas as trade, connectivity, industrial capacity and people-to-people ties, we have taken concrete steps to tackle problems, improve institutions, expand cooperation areas and introduce new policies, injecting sustained impetus into "16+1" cooperation.
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