NOM PENH – Chinese Premier Wen Jiabao on Tuesday elaborated on China’s position on regional situation and the South China Sea issue.

At a closed-door session of the East Asia Summit held here, Wen said that in contrast with some other regions in the world where disputes, conflicts or even wars have persisted in the past decades, East Asia has generally remained peaceful and stable.

The situation, Wen said, has created favorable conditions for economic development in the region.

Citing the host country as a fine example, the Chinese premier said Cambodia has taken on a new look after 20 years of hard work of the Cambodians in peaceful circumstances.

“At the current East Asia Summit, we make concerted efforts to seek cooperation in order for more countries to take better advantage of East Asia’s economic development,” he said.

China welcomes the constructive efforts made by various countries to promote cooperation in East Asia and values the favorable conditions of peace, stability, prosperity and development in the region, Wen said.

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