BRUSSELS, Oct. 5 (Xinhua) -- Chinese Premier Wen Jiabao who arrived here on Monday delivered a speech at the opening ceremony of the eighth Asia-Europe Meeting (ASEM) Summit, calling for advancing Asia-Europe cooperation from a strategic and long-term perspective.

He said "with the joining of Australia, New Zealand and Russia, ASEM partners have formed a close-knit community of interests, covering the entire Eurasian continent from east to west."

Premier Wen made a five-point proposal in which he said the ASEM partners must work together to promote world economic growth.

"We should intensify macroeconomic policy coordination, manage with caution the timing and pace of an exit strategy from economic stimulus, and keep the exchange rates of major reserve currencies relatively stable," he said.

ASEM partners must work together to reform the international economic and financial systems, the premier noted.

"Global economic governance reform is of fundamental importance in overcoming the financial crisis and we must explore ways to establish a more effective global economic governance system," he said.

The premier also said ASEM partners must work together to address global challenges, pointing out that "we must make concerted efforts to meet the climate challenge under the principle of common but differentiated responsibilities."