China yesterday proposed the creation of a coordination mechanism on safety and security matters in the transport industry to a meeting of transport ministers of the Asia-Pacific Economic Cooperation in Bali, Indonesia.

　　"To provide a safer environment for trade and investment liberalization, we propose the establishment of a coordination mechanism for the regular exchange of safety and security information in the APEC region," said Yang Yuanyuan, minister of the Civil Aviation Administration of China.

　　He made the remarks during the 4th APEC Transportation Ministerial Meeting attended by ministers or their representatives of 21 APEC economies.

　　Yang said such coordination will help enhance safety and security cooperation among APEC members and improve the overall transport safety and security in the region.

　　Another chinese proposal at the three-day meeting is for APEC to advance transport market liberalization independently and in coordination.

　　In view of the diverging levels of economic development and regulatory system of APEC economies, "we maintain that economies set their own pace and manner for liberalization in light of their own specific conditions," Yang said.

　　In the meantime, "we need to step up coordination with one another in the process of the liberalization so as to facilitate the free movement of trade and investment in this region," he added.

　　Yang stressed that China attaches great importance to cooperation and development in the Asia-Pacific transport industry and supports the overall objectives of APEC in the field of transport.

　　(Xinhua)