China and members of the Association of Southeast Asian Nations (ASEAN) have enough wisdom and capability to properly handle territorial and maritime disputes, visiting Chinese Premier Wen Jiabao said on Monday in Phnom Penh.

Speaking at the 15th China-ASEAN summit, Wen said seeking consensus through consultation and accommodating each other's concerns are the core principles of the ASEAN way, which demonstrates the unique concept of the Oriental Civilization, and have proven effective.

The smooth implementation of cooperation among East Asian countries could be largely attributed to the adherence to the ASEAN way, which calls for shelving disputes and promoting consensus and unity, Wen said.

East Asian countries should follow such spirit when dealing with various issues including territorial or maritime disputes, Wen said.

The Chinese premier also said mutual respect and mutual trust are the precondition for further cooperation between China and the ASEAN.

China is willing to increase dialogue and enhance cooperation with ASEAN members in security and strategy, and make further contribution to East Asia's lasting peace and prosperity, Wen said.

The primary task for the China-ASEAN cooperation at this moment is to cope with the global financial crisis, Wen noted.

Against the backdrop of the crisis, the integration of regional economies will definitely have a profound impact on the world landscape, he said.

The premier also reviewed the progress in the China-ASEAN cooperation since a summit last year marking the 20th anniversary of the establishment of dialogue between the two sides.