Wang Song, the director, said that the nation has also been making efforts to build a nationwide early warning system since 2015.
Wang Yuezhou, a 30-year-old investor in Shenzhen, said he had invested about 100,000 yuan and earned about 40,000 yuan in the past three years. With a master's degree in finance, he can analyze listed companies' annual reports and make his decision accordingly.
Wang said the rising trend of unilateralism and the supremacy of unchecked national interests threaten to collapse the international order and system that all countries rely on for development, with dire consequences for small and medium-sized countries.
Wang Youxin, a researcher at BOC's Institute of International Finance, said China's cross-border capital flows are expected to remain relatively stable next year.
Wang Ping, vice-president of the Red Cross Society of China, said the country is one of those most affected by natural disasters. Last year alone, about 130 million people in China were affected and needed help.
Wang made the proposal in a speech at the 8th foreign ministers' meeting of the East Asia Summit during which he praised the EAS's positive contribution to regional peace, stability and development.
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Wang Yiwei, a professor of international relations studies at Renmin University of China, said the latest outcomes are being achieved at a time when many of the countries participating in the initiative are introducing industrialization, modernization and infrastructure buildup.
Wang said it also reflected how different cultures come together. For example, the Qing emperors, who were from the Manchu ethnic group, introduced elements of their ethnic culture to the Forbidden City. Some buildings also have a combination of Chinese and Western fine arts.
Wang said both countries have enhanced cooperation in economy, finance, technology, culture and winter sports.
Wang said China commits itself to opening up wider and deeper to promote common development across the world and works together with other countries to build a community of shared future.