[Vice Minister of Finance Liao Min attended the 25th Ministerial Meeting of the Central Asian Regional Economic Cooperation Mechanism] September 30th, the 25th Ministerial Meeting of the Central Asian Regional Economic Cooperation (CAREC) Mechanism was held on September 29th in Ulaanbaatar, the capital of Mongolia. Vice Minister of Finance Liao Min led a delegation to attend the meeting and delivered a speech. Liao Min said that since its establishment 25 years ago, the CAREC mechanism has achieved remarkable results in promoting regional cooperation and promoting common development. China is willing to leverage its industrial advantages and work with member states to deepen regional connectivity, consolidate and expand cooperation in key areas, promote the development of digitalization and artificial intelligence, strengthen the coordination and docking of the CAREC mechanism with the Belt and Road Initiative, global development initiatives, and global governance initiatives to form development synergies, and promote CAREC cooperation to achieve more practical results. Liao Min pointed out that China's economy is operating generally stably this year, with economic growth reaching 4.7% in the first half of the year, demonstrating strong resilience and vitality. China has the confidence, ability and conditions to maintain stable and healthy economic development and achieve a good start in the "15th Five-Year Plan". China will unswervingly expand high-level opening up to the outside world and is willing to share opportunities with all parties and make greater contributions to promoting regional sustainable development and common prosperity. During the meeting, Liao Min held bilateral meetings or exchanges with Enkhbayar Jadamba, First Deputy Prime Minister and Minister of Economic Development of Mongolia, Masato Kanda, President of the Asian Development Bank, and others.