CBN丨China attends ASEAN-GCC-China summit in Malaysia

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Chinese Premier Li Qiang said Monday that China is ready to work with Malaysia to deepen exchanges and collaboration across various fields, and jointly usher in a new "Golden 50 Years" for bilateral ties guided by the principles of mutual respect and trust, equality and mutual benefit for win-win outcomes.

Li made the remarks when meeting with Malaysian Prime Minister Anwar Ibrahim.

Li said that both sides agreed to build a high-level strategic China-Malaysia community with a shared future and mapped out the strategic direction for the development of bilateral relations.

He urged the two sides to continue expanding trade and investment cooperation with a focus on cutting-edge areas, including the digital economy, the green economy and artificial intelligence, promote the integrated development of industrial and supply chains and value chains, and steadily advance major projects such as the "Two Countries, Twin Parks" and the East Coast Rail Link, so as to strengthen the economic growth engine of the China-Malaysia community with a shared future.

Li is among guests attending a two-day summit of Southeast Asian nations, China's biggest regional export market. The meeting of the 10-member ASEAN trading bloc, hosted by Malaysia, is likely to be dominated by concerns about US tariffs and calls for greater regional integration to withstand rising global trade protectionism. Gulf states, including Saudi Arabia and the United Arab Emirates, were also attending.

In the face of rising unilateralism and protectionism and a sluggish global economic recovery, China, the ASEAN and the Gulf Cooperation Council (GCC) countries, all participants in and beneficiaries of economic globalization, should enhance coordination and jointly uphold open regionalism and true multilateralism, Li said.

Noting that Malaysia is both the rotating chair of ASEAN and the host of the trilateral summit, Li said that China is ready to work closely with Malaysia to take the event as an opportunity to push for closer economic cooperation among the three sides, build a model of global cooperation and development, jointly safeguard free trade and the multilateral trading system and address global challenges together.

For his part, Anwar noted that China is a good neighbor and partner of Malaysia. Malaysia firmly supports multilateralism and China's accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, he said, adding that his country is ready to work with China to ensure fruitful outcomes of the inaugural ASEAN-GCC-China Summit.

Speaking at the opening ceremony of the ASEAN Summit on Monday, Anwar urged ASEAN members to work together to face the challenges brought about by a changing world order to ensure the agenda of sustainable and equitable development is not sidelined.

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