
Chinese premier calls for forging example of openness, development cooperation with ASEAN, GCC
China is ready to work with the ASEAN and the GCC to implement the Global Civilization Initiative, promote mutual learning among civilizations and build greater consensus and momentum for peace and development, Chinese Premier Li Qiang said.
KUALA LUMPUR, May 27 (Xinhua) -- Chinese Premier Li Qiang called on China, the Association of Southeast Asian Nations (ASEAN) and the Gulf Cooperation Council (GCC) countries to jointly forge an example in openness, development cooperation and cross-civilization integration on Tuesday.
He made the remarks when addressing the inaugural ASEAN-China-GCC Summit held in Kuala Lumpur, the capital of Malaysia.
China, ASEAN, and GCC countries enjoy a long history of friendly exchanges, Li said, adding that against complex changes in international landscape and a sluggish economic growth, the establishment of such a communication platform and cooperation mechanism as this trilateral summit marks a major innovation in regional economic cooperation.
Through closer connectivity and cooperation, the Chinese premier said, the three sides can build a dynamic economic circle and growth pole, which carries great significance for their respective prosperity as well as for peace and development in Asia and the world.
Li urged all sides to seize this historic opportunity, continuously enrich the substance of trilateral cooperation, and work together to build a model of global cooperation and development.
He urged all sides to build a model in three aspects.
Firstly, Li called on the three sides to create a model of cross-region openness, noting that the population and economic aggregate of China as well as countries of the ASEAN and the GCC account for approximately one quarter of the world's total.
A full connection of the three markets will surely give rise to a much larger space for development and a more significant scale effect, he said.
China and the ASEAN have fully completed the negotiations on the upgrade of the Version 3.0 China-ASEAN Free Trade Area, Li noted, adding that it is expected that an early completion of talks on the free trade area agreement between the GCC and various parties can be done so as to elevate trilateral trade levels.
He urged the three sides to unswervingly expand regional opening-up, and build the related regions into a large shared market where resources, technologies and talents flow more efficiently, and trade and investment enjoy greater freedom and convenience, so as to fully unleash the powerful effect of open development.
Secondly, he called on the three sides to forge a model of cooperation across different development stages, saying that although the three sides are at different stages of development, their differences are not obstacles to cooperation but complements to each other's strengths.
China, he said, is ready to deepen strategic alignment with the ASEAN and the GCC on the basis of mutual respect and equal treatment, enhance coordination of macroeconomic policies and strengthen collaboration in industrial specialization.
"We should strive to turn our own strengths into those of everyone, and at the same time help each other tackle new challenges emerging in development, create new ways of international industrial economic cooperation, and promote a coordinated development in which their abilities can be fully explored, and benefits can be doubled and shared," he said.
Thirdly, the Chinese premier urged the three sides to create a model of cross-civilization integration, noting that the three sides are home to vibrant civilizations and share Asian values of peace, cooperation, openness and inclusiveness.
He called for deeper cultural and people-to-people exchanges and a stronger foundation of mutual trust, and called on the three sides to effectively manage differences through mutual understanding, foster mutually beneficial cooperation through the exchange of ideas and explore a new path for the inclusive advancement of diverse civilizations.
The Chinese side, he said, actively supports the initiative of Confucian-Islamic civilizational dialogue proposed by Malaysian Prime Minister Anwar Ibrahim.
China is ready to work with the ASEAN and the GCC to implement the Global Civilization Initiative, promote mutual learning among civilizations and build greater consensus and momentum for peace and development, he added.
Li said China is willing to strengthen trilateral partnerships with ASEAN and the GCC, work together to formulate a high-quality Belt and Road cooperation action plan, strengthen alignment in infrastructure and market regulations, expand cooperation in areas such as energy, agriculture, artificial intelligence, the digital economy as well as green and low-carbon development, and promote people-to-people exchanges and mutual understanding.
China, Li said, is also willing to offer greater visa facilitation to ASEAN and GCC countries.
Looking globally, the three sides should strengthen communication and coordination under the UN and other multilateral frameworks, safeguard the common interests of developing countries, resolutely oppose hegemonism and power politics, and push for a more just and equitable global governance, Li said.
ASEAN and GCC leaders attending the summit spoke highly of the important role stronger trilateral cooperation plays in advancing their respective development and promoting regional peace and prosperity.
They said that the summit has opened a new chapter for the three sides to jointly address challenges and pursue development.
The leaders pledged to further deepen Belt and Road cooperation, enhance cooperation in such areas as connectivity, economy and trade, industrial and supply chains, agriculture, energy, finance and the digital economy.
They also pledged to strengthen mutual learning among civilizations, carry out closer multilateral cooperation, and advance trilateral integration for strong, inclusive, and sustainable development, contributing to the building of a community with a shared future.
The meeting adopted the joint statement of the ASEAN-China-GCC Summit.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Star
22 minutes ago
- The Star
Laos to develop AI infrastructure with green energy
VIENTIANE: Laos' Ministry of Technology and Communications will conduct a feasibility study for a project aimed at developing and delivering artificial intelligence (AI) infrastructure services powered by green energy. This will serve as a pilot project for an AI centre powered by clean energy, according to a report by the ministry on Monday (June 2). The project involves conducting a feasibility study on the creation of an AI Special Economic Zone covering more than 150 hectares in Lao capital Vientiane, utilising green energy sources to support the country's digital transformation and strengthen its AI capabilities. As part of its digital transformation efforts, the Lao government is steadily integrating technology into public administration and services, guided by a national strategy focused on building a digital economy and society. - Xinhua


Free Malaysia Today
an hour ago
- Free Malaysia Today
Close Anwar-Paetongtarn bond spurs economic, strategic collaboration
Regular communication between Prime Minister Anwar Ibrahim and Thai prime minister Paetongtarn Shinawatra has paved the way for more strategic collaboration, said Thai foreign minister Maris Sangiampongsa. (Bernama pic) PETALING JAYA : Malaysia and Thailand are entering a new phase of stronger bilateral ties driven by the close relationship between Prime Minister Anwar Ibrahim and Thai prime minister Paetongtarn Shinawatra, says a senior Thai official. Thai foreign minister Maris Sangiampongsa said the rapport between the two leaders reflected a growing partnership focused on cooperation across multiple sectors, especially in border regions, reported Bernama. 'The prime ministers have built a strong bond. This opens up opportunities, not just in trade and investment, but also in security,' he told Bernama during the 46th Asean Summit held here recently. He added that regular communication between both leaders had strengthened mutual understanding and paved the way for more strategic collaboration. Thailand remains a key economic partner for Malaysia. In 2024, it was Malaysia's seventh-largest trading partner globally and third-largest within Asean, with total trade reaching US$25.03 billion (RM114.56 billion). Trade between the two countries rose to US$3.96 billion (RM17.65 billion) from January to February this year, up from US$3.67 billion (RM16.80 billion) in the same period last year. Both governments are committed to developing the shared border into a vibrant economic corridor, focusing on trade, investment, and cross-border infrastructure to enhance connectivity. Efforts are also underway to integrate special border economic zones to further boost trade and investment in the border areas, which currently account for over 30% of total bilateral trade. Maris described joint border development as a model of mutually beneficial cooperation. He pointed to sectors with high potential – including the halal industry, palm oil, and rubber – as areas for further collaboration. 'While both governments can facilitate opportunities, success depends on strong private sector participation,' he said. 'There are solid policies in place that can support greater business collaboration and regional development.' Anwar and Paetongtarn have maintained regular contact through meetings and phone calls. They have met three times to date: in Putrajaya in December, Bangkok in April, and most recently at the Asean Summit in Kuala Lumpur. They have also agreed to hold a joint Cabinet meeting later this year at the Sadao-Bukit Kayu Hitam border area.


Free Malaysia Today
an hour ago
- Free Malaysia Today
Asian shares dither, dollar falls as trade angst persists
China's factory activity shrank in May for the first time in 8 months, signaling US tariffs are impacting manufacturers. (EPA Images pic) SINGAPORE : Asia shares edged cautiously higher on Tuesday while the dollar fell to a six-week low as erratic US trade policies clouded over markets and investors turned defensive ahead of key developments later in the week. US President Donald Trump and Chinese leader Xi Jinping will likely speak this week, White House press secretary Karoline Leavitt said on Monday, days after Trump accused China of violating an agreement to roll back tariffs and trade restrictions. The call between the two leaders will be closely watched by markets to see if the tariff-induced blow to global stocks and the dollar this year could get some reprieve or ratchet up, as trade tensions between the world's two largest economies simmer. Data on Monday showed US manufacturing contracted for a third straight month in May and suppliers took the longest time in nearly three years to deliver inputs amid tariffs. 'The May ISM showed tariff pressure is beginning to bite for manufacturers who are seeing slowing activity, longer lead times and declining inventories,' said economists at Wells Fargo. China's factory activity in May also shrank for the first time in eight months, a private-sector survey showed on Tuesday, indicating US tariffs are starting to hurt manufacturers. The gloomy global trade situation left US futures falling early in the Asian session, failing to sustain the slight gains made during the cash session on Wall Street overnight. Nasdaq futures and S&P 500 futures were both down 0.2% each. In Europe, EUROSTOXX 50 futures advanced 0.28% and FTSE futures added 0.15%. MSCI's broadest index of Asia-Pacific shares outside Japan reversed early losses to last trade 0.6% higher, while Japan's Nikkei rose 0.66%. 'Trump really does have sentiment in the palm of his hands once again,' said Matt Simpson, senior market analyst at City Index. 'I suspect we'll hear about 'a really great call' or words to the effect,' he said, referring to the expected call between Trump and Xi. 'But we'll need to wait for confirmation from China, who tends to take their time on these matters. Until we get concrete confirmation, price action could be shaky and vulnerable to false breaks…we also have the June 4 deadline for 'best trade deals' from US trading partners to factor in.' In China, mainland markets returned from an extended break on a muted note, with the CSI300 blue-chip index up 0.23% while the Shanghai Composite Index gained 0.3%. Hong Kong's Hang Seng Index jumped more than 1%, rebounding from Monday's one-month low. Payrolls on deck The dollar fell to a six-week low against a basket of currencies to 98.58 on Tuesday, ahead of Friday's US nonfarm payrolls data, which will offer a timely reading on the pulse of activity in the world's largest economy. A rise in unemployment is one of the few developments that could get the Federal Reserve to start thinking of easing policy again, with investors having largely given up on a cut this month or next. The euro scaled a six-week top earlier in the session before paring some of its gains to last trade at US$1.1426, while sterling dipped 0.09% to US$1.3532. A softer US jobs report would be a relief for the Treasury market, where 30-year yields continue to flirt with the 5% barrier as investors demand a higher premium to offset the ever-expanding supply of debt. The senate this week will start considering a tax-and-spending bill that will add an estimated US$3.8 trillion to the federal government's US$36.2 trillion in debt. 'The evidence suggests term premium being re-priced considerably higher to account for US fiscal, trade, credit, and geoeconomic risks alongside some hedge against (US dollar) debasement,' said Vishnu Varathan, head of macro research for Asia ex-Japan at Mizuho. The dollar was up 0.35% against the yen at 143.20, reversing some of its 0.9% decline from the previous session. Bank of Japan Governor Kazuo Ueda said on Tuesday it is important to make policy judgements without any preset ideas as uncertainty over global tariff policies remains extremely high. In commodities, oil prices rose on concerns about supply, with Brent crude futures climbing 0.88% to US$65.20 a barrel, while US crude surged 1% to US$63.13 per barrel.