He suggested that the Asian countries and regions can promote trade facilitation and create the trade demand in the region by improving the "10 +1" "10 +3" "10 +6" and other forums of regional cooperation mechanism.

"There is room for enhancing intra-Asian investment," Yin added. Affected by the financial crisis, investment from Europe and US has significantly dwindled in the Asian emerging economies, he noted, therefore, if the Asian nations and regions further open their capital markets reciprocally, they will then stimulate growth in intra-Asian investment.

Meanwhile, Yin stressed, China and other Asian economies should, through the platform of the Boao Forum for Asia, coordinate their positions and form a concerted force to promote the changes of the world economic order, to establish Asia’s due status in the world economy, and to protect their interests during the process of global economic integration.

Boao Forum for Asia held its first annual conference in April 2002. This year, under the theme of "Asia: Managing Beyond Crisis," delegates will deal with issues of challenges and prospects brought to Asia by the global economic crisis from April 17 to 19.

(Xinhua News Agency April 17, 2009)