We have met online several times and discussed in-depth ways for tackling the immediate challenge. Thanks to our joint efforts, we have overcome the impact of the pandemic and resumed the growth of China-ASEAN economic cooperation and trade. These figures speak volumes about the strong foundation and potential of our cooperation. Such achievements are a further testament to the growing maturity and stability of China-ASEAN relations after three decades of development.
First, we have pursued the path of solidarity and development by upholding good neighborliness and friendship. China and ASEAN are permanent neighbors and close partners, and our people enjoy a deep bond of friendship. In times of adversities, from the two financial crises, to major natural disasters such as tsunamis and SARS and to the sudden onslaught of COVID, we have always stood together and looked out for each other in the spirit of a community with a shared future.
Second, we have pursued the path of common development by promoting win-win cooperation. These common endeavors have made the pie of shared interests bigger; they have not only facilitated our own development, but also injected a strong impetus into the stable economic development of the region and beyond. Third, we have pursued the path of peaceful development by adhering to dialogue and consultation. Peace and stability are the preconditions for development and prosperity.
It is natural for neighbors to sometimes run into frictions. But, if handled properly, these frictions will not disrupt the course of development. We all believe that countries should respect each other, seek common ground while putting aside differences and settle differences and disputes through friendly consultations. Such shared commitments have fostered a regional environment of peace and stability. Fourth, we have pursued the path of coordinated development by putting people first.
For us, the fundamental interests of the two billion people of China and ASEAN countries are always the top-order priority. In the face of COVID, we have cared deeply about life and livelihood, extended a helping hand to those most in need and made joint efforts to protect the life, security and health of all our peoples. As the pandemic continues to spread across the world, global recovery will be a difficult and tortuous process. Rising protectionism and unilateralism have put the global governance system and multilateral institutions in jeopardy.
Economic and social development at the regional and international levels face serious challenges. It is encouraging to see that the pandemic situation has largely stabilized in East Asia and is turning for the better. Countries in our region are reopening economies in an orderly manner with normalized containment measures in place.
More and more positive factors indicate a steady return to economic and social progress. The Recommendations proposed that China embrace a new development philosophy for high-quality development and move expeditiously to forge a new development paradigm. As China strives to expand domestic demand, we will pursue opening-up at a higher level. This will enable us to better match the two huge markets of China and ASEAN, bring out greater dynamism from within our economies, and contribute to regional economic recovery and sustainable development.
These joint efforts will not only boost development on both sides, but also facilitate economic recovery within the region and safeguard regional and global peace and stability. China offers to lead efforts in setting up an APT reserve of essential medical supplies to pool resources from different quarters and optimize the distribution and utilization of emergency response supplies in our region.
We will continue to support WHO in playing its role, enhance international cooperation and joint pandemic response, and work for a global community of health for all. Second, we need to focus on economic cooperation and trade and boost regional economic recovery. It will be an important step for regional countries to uphold the multilateral trading system and build an open world economy, which is vital to deepening regional economic integration and stabilizing the global economy.
Going forward, we need to further implement our free trade agreement and the upgrading protocol, and promote trade and investment liberalization and facilitation in the region. Third, we need to create highlights in digital economy and foster new sources of growth for cooperation.
There seems to be growing concern over the increasing indebtedness of the Thai government, with steepening yield curves and slackening demand seen at the latest sale of five- and year bonds last week. One analyst argued the Thai government should focus on increasing the supply of short-to-medium maturity sovereign bonds and retail savings bonds to mitigate the risks of higher long-tenor bond yields.
On 25 June, the central bank lowered its key rate to 2. As of now, the central bank has cut interest rates by basis points in , as well as cut reserve ratios for banks and pumping liquidity into the financial system. The governor of the central bank, Benjamin Diokno, had previously signalled his preference for keeping real interest rates positive, meaning there may be little scope for further easing.
According to Budget Secretary Wendel E. He said in a briefing that the budget will focus on labour-intensive projects and activities to provide income to the most vulnerable and most affected in both the private and public sectors.
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Number of registered trucks in thousand. Number of taxis or taxicabs in thousand. Number of traffic accident casualties injuries by road. Total length of expressways in kilometer. Total number of registered buses in thousand. Total number of registered motorcycles in thousand. Total number of registered road motor vehicles in thousand.
Total road length in kilometer. Water Transports. Domestic sea cargo throughput in Thousand ton. International sea cargo throughput in Thousand ton. International sea container throughput in Thousand TEUs. International sea passenger traffic in Thousand person. Number of domestic ports in Count. Number of international ports in Count. Visitor Arrival Statistics. Labour Statistics. Rate of Informal Employment by age group.
Rate of Informal Employment by economic sector. Rate of Informal Employment by education level completed. Rate of Informal Employment by employment status. Rate of Informal Employment by occupation.
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