ASEM 7: consensus reached on finance, food security

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Other major concerns are food security and disaster relief cooperation.

Wen says, "ASEM members pledge to adopt comprehensive, medium and long term measures jointly to safeguard food security. We will continue to provide aid to disaster-hit nations and to conduct disaster management and reconstruction cooperation."

The two-day summit has also seen consensus built on other issues like climate change, energy security and cross-cultural dialogue.

ASEM members represent three fifths of the world's population and produce half of the global GDP. Joint action is crucial in addressing the global financial crisis and economic downturn. The consensus reached in Beijing will certainly help pave the way for the international summit next month in Washington. Liu Ying, Liu Xiaonong, CCTV, Beijing.

Editor:Zhang Yue