"The matters relating to promoting economic and trade cooperation between Myanmar and China and the use of Chinese currency in bilateral trade, were discussed at the 5th meeting of the Joint Committee for Myanmar-China Economic, Trade and Technical Cooperation, according to the Ministry of Planning and Finance. The meeting also focused on the establishment of Myanmar-China economic corridor, the use of the Chinese government’s buyer loans and soft loans, the joint implementation of five-year development program for economic and trade cooperation, cooperation in Kyaukphyu deep seaport project, industrial zone project, train and expressway, trans-national power lines and others, the establishment of Myanmar-China border economic cooperation zone and cooperation in substitute crops. The first meeting of its kind was held in Myanmar in 2005, the second in China in 2008, the third in Myanmar in 2014 and the fourth in China in 2017 and the fifth in Myanmar in 2019..."