South Korea's Deputy Prime Minister and Minister of Planning, Qiu Qinghao, said that South Korean, China and Japan cooperation can become a new engine to promote the global economy's rapid and sustainable recovery.

According to the Yonhap News Agency, the 23rd Korean and China Finance Secretary and the Central Bank President Meeting opened on Tuesday (May 2) in Matsushima, Incheon. Qiu Qinghao made the above expression at the opening speech.

He said that the economic agent of South Korea, China, and Japan accounted for more than 20%of the global economy, and 80%of the proportion of Asians and South Korea and China in Asia.In the face of an important turning point in the global economy, the cooperation between the three countries has far -reaching significance for regions and the world.

Qiu Qinghao said that if the Three Kingdoms, based on the spirit of respect and reciprocity and work together to promote sustainable development and common prosperity, not only can effectively overcome the challenges facing, but also have a positive impact on the region and the world.South Korea -China cooperation will become a new engine that promotes the global rapid and sustainable recovery.Therefore, taking the opportunity to restart after the global economic epidemic, the three countries must strengthen cooperation in many fields such as economy, tourism, humanities, and policies.

This meeting, as a supporting event for the 56th annual meeting of the Asian Development Bank Council, was held offline again after four years.