An inter-government system has been set up among China , Bangladesh , India and Myanmar to help boost their economic cooperation.

The establishment of the system was the outcome of a two-day meeting of the Bangladesh-China-India-Myanmar (BCIM) Economic Corridor working group, which ended on December 19 in Kunming, capital of southwest China's Yunnan Province, Xinhua News Agency said, citing Chinese Foreign Ministry spokeswoman Hua Chunying as saying at a press briefing in Beijing on December 20.

The four parties also signed a joint research plan on the construction of the corridor, said Hua.

She said the four sides discussed priority areas relating to cooperation, and that they reached consensus on transport infrastructure, investment, trade, logistics and culture.

China raised the proposal of building a BCIM Economic Corridor during Premier Li Keqiang's visit to India in May.

Hua said the proposal is significant in deepening friendly cooperation and connecting East Asia and South Asia.-VNA