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CHANGCHUN, Aug. 12 (Xinhua) -- Participants at the 2016 conference of the Northeast Asia economic forum on Friday called for the establishment of a regional bank.
The two-day event, held in Changchun, capital of northeast China's Jilin Province, concluded on Friday with the publication of the Changchun Declaration urging the founding of Northeast Asian Development Bank.
According to the declaration, the forum has been advocating a bank's establishment for 10 years, believing that it would promote economic growth and facilitate cooperation in the region.
Besides financial cooperation, the Northeast Asian countries should also step up cooperation in terms of infrastructure, tourism, energy and culture, according to the declaration.
The forum is a regional non-governmental organization founded in 1991 to sponsor and facilitate research, networking, and dialogue relevant to the economic and social development of Northeast Asia.
This year's conference has attracted over 100 politicians and scholars from countries including China, Russia, the Republic of Korea, Japan, Mongolia, and the United States.
Topics such as the Belt and Road Initiative, regional cooperation and revitalization of the old industrial base in northeast China were hotly discussed at the conference.
