"We are ready to lift relations with SAARC and contribute to the peace, stability and prosperity of the South Asian region on the basis of respecting SAARC nations' will," Chinese Foreign Ministry spokesperson Hua Chunying said here while replying to a question on the Kathmandu SAARC summit, which concluded yesterday.
"The 18th SAARC summit was held successfully. We congratulated them on that," Hua said, adding China attaches great importance to its relations with SAARC.
China also named an envoy to SAARC recently, she added.
In his speech at the SAARC summit, Liu said China wants to increase trade between South Asia and China to USD 150 billion from around USD 100 billion at present and invest USD 30 billion in the next five years.
China, which is an Observer of the SAARC along with Australia, Iran, Japan, Korea, Mauritius, Myanmar, the US and the European Union, said ahead of the summit that it would like to elevate its partnership with the regional bloc.
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