BRUSSELS - Chinese Premier Wen Jiabao, in an address delivered at the 15th China-European Union (EU) summit here on Thursday, put forward a four-point proposal for the development of China-EU relations.

Chinese Premier Wen Jiabao makes a speech during the European Union-China summit at the Egmont Palace in Brussels September 20, 2012. [Photo/Agencies]

The premier's proposal provides for the vigorous promotion of liberalization and facilitation of trade and investment; the establishment of joint research and development centers, technology transfer centers and joint incubators.

The proposal also calls for the establishment of working mechanisms to promote bilateral cooperation in such sectors as transportation, electric power, and telecommunications.

It also calls for the promotion of reforms of the international financial system to achieve new progress in order to maintain global economic and financial stability.

Wen also spoke highly of the strategic leading role of the mechanism for regular meetings between Chinese and EU leaders.