ISLAMABAD - Prime Minister Yousuf Raza Gilani Thursday arrived in Beijing on a 4-day official visit to attend the Asia-Europe Meeting (ASEM) summit. Federal ministers, Chairman Joint Chiefs of Staff Committee and Services Chiefs saw off the Prime Minister at Chaklala Airbase. Before departure, the Prime Minister said while talking to media personnel that he would hold consultations with European leaders about the global economic situation, its impact on developing countries like Pakistan and the ways to address it. He said that the economic situation in Pakistan would be the focus of his talks in China . He also said that this would be the first time Pakistan was attending the summit on the invitation of Chinese Premier. Gilani said that the entire world was facing a financial crunch at present, as rising oil prices had a serious impact on developing economy. He said that extremism and terrorism seriously affected the economy of the country. The Prime Minister said during his talks, the focus would be on ways to diversify the economy. Pakistan is an agricultural country and there is a need to focus on it, so as to enable it meet the economic crisis, he added. About his meeting with Prime Minister Manmohan Singh, he said the Foreign Office was working out details in this regard. Gilani recalled his earlier visit to Beijing, where he discussed bilateral issues with the Chinese leadership and said he would again get an opportunity to interact with the Chinese leaders on matters of mutual interest. APP adds: Prime Minister Syed Yousaf Raza Gilani arrived here on Thursday evening, accompanied by a small delegation to attend the seventh Asia Europe Meeting (ASEM) Summit. The Prime Minister on his arrival at the Beijing International Airport  was warmly received by the senior officials of the Chinese Foreign Ministry, besides Pakistan's Ambassador in Beijing Masood Khan and the embassy staff.   The Prime Minister will have a busy schedule during next two days. Besides attending the world summit, he will hold sideline meetings with the political and business leaders attending the meeting. It is Gilani's second visit to China , since he assumed the office of Prime Ministership.    He had earlier come here to attend the opening session of the Beijing Olympics. Prime Minister Gilani during his current visit is also scheduled to meet Indian Premier Manmohan Singh. This will be an important informal interaction between the two South Asian leaders to discuss matters of bilateral interest against the background of on-going composite dialogue between the two countries. A senior Pakistani official told this news agency that the two leaders will avail themselves of the opportunity, while attending the summit meeting to have a brief review of the progress being made to promote understanding and cooperation for resolving their disputes including the issue of Jammu and Kashmir. According to a tentative programme, the two leaders will meet at the Great Hall of the People in the afternoon, following the opening session of ASEM Summit. The other engagements of Prime Minister during his 2-day stay in the Chinese capital will be his sidelines meetings with other world leaders who will also be here to attend the summit. These include the Prime Minister of Malaysia, the Prime Minister of Italy and the German Chancellor. The PM Gilani is also likely to have brief interaction with Chinese leaders, President Hu Jintao and Premier Wen Jiabao. These meetings have special significance, as a follow-up of the highly successful visit by President Asif Ali Zardari that concluded last week during which a number of agreements of bilateral interests were signed. In the context of the concerted efforts giving boost to Sino-Pak bilateral partnership, the Prime Minister will lay the foundation stone of Pakistan-China Friendship and Cultural Complex. This will serve as an important step between the two countries for further consolidating their relations in the cultural sector besides, expanding people-to-people contacts. Political observers here attach great importance to Pakistan's joining ASEM and it will be for the first time that the country will be represented by the top leadership. ASEM is an informal dialogue process initiated in 1996. It consists of twenty-seven EU, ten ASEAN and six Asian countries (China, India, Japan, Mongolia, Pakistan and Republic of Korea) and the EU Commission and ASEAN Secretariat.