
China, Asean, GCC forge innovative trilateral cooperation amid global risks
Li attends the Asean-China-GCC Summit in Kuala Lumpur on May 27, 2025. – Xinhua photo
KUALA LUMPUR (May 28): Amid escalating global challenges, China, the Association of Southeast Asian Nations (Asean), and the Gulf Cooperation Council (GCC) countries have forged a groundbreaking path in cross-regional cooperation.
In a historic move, they convened a landmark trilateral summit in Kuala Lumpur, the capital of Malaysia – Asean's current chair – marking a bold step toward collective resilience, economic synergy, and a shared vision for prosperity.
At the inaugural Asean-China-GCC Summit on Tuesday, Chinese Premier Li Qiang called on the three parties to set a global benchmark in openness, development cooperation and cross-civilisation integration.
His call comes at a critical juncture, as rising protectionism and escalating geopolitical tensions threaten to fracture the international order.
Amid global economic headwinds and mounting uncertainties, Li noted that by strengthening connectivity and collaboration, the three sides can forge a vibrant economic circle and a powerful engine for growth, which holds profound significance not only for their respective prosperity but also for advancing peace and development across Asia and the world.
'As some countries are becoming more protectionist and isolationist, the summit was a good initiative and effort to counter these emerging trends,' said Lee Pei May, a political expert at the International Islamic University Malaysia.
'The summit proves that economies can complement rather than compete with one another, easing the worries that countries can only develop if they turn inward,' Lee added.
At the tripartite gathering, Li urged all sides to work together to build a model of global cooperation and development in three aspects – creating a model of cross-region openness, forging a model of cooperation across different development stages, and fostering a model of cross-civilisation integration.
Li attends the Asean-China-GCC Summit in Kuala Lumpur on May 27, 2025. – Xinhua photo
At the summit, the leaders committed to further strengthening Belt and Road cooperation, with a focus on deepening ties in connectivity, trade, industrial and supply chains, agriculture, energy, finance, and the digital economy.
They pledged to accelerate trilateral integration, fostering robust, inclusive, and sustainable development for all.
The summit adopted a joint statement, which was hailed as 'detailed, elaborate' and a strong message of trilateral solidarity and cooperation by Malaysian Prime Minister Datuk Seri Anwar Ibrahim.
In the joint statement, the relevant countries acknowledged their joint efforts to promote closer cooperation between Asean, GCC and China, and China's vision to build a closer Asean-China community with a shared future and a China-Arab community with a shared future in the new era.
Andrew Kam Jia Yi, senior research fellow with the Institute of Malaysian and International Studies at the National University of Malaysia, said the summit highlights how the strengths of each party can complement one another.
'The GCC's energy and financial resources, Asean's growing consumer base, and China's technological and financial capacities together create more resilient supply chains and boost food and energy security for all,' he said.
Following the summit, Li also delivered remarks at the opening ceremony of the Asean-China-GCC Economic Forum 2025.
He emphasised China's commitment to energising trilateral cooperation through its high-quality development, pledging to firmly expand high-level opening up, promote mutual reinforcement between domestic and international circulations and share the opportunities of China's development with countries of Asean and GCC, and enterprises from around the world.
The trilateral cooperation mechanism not only fosters collaborative agreements across regions, but creates a novel platform of communication and dialogue for the Global South countries to closely coordinate on regional and international affairs and amplify their voices on the global stage.
The joint statement recognises the need to strengthen confidence in the rules-based multilateral trading system with the World Trade Organisation at its core, and reaffirms the countries' resolve to make economic globalisation more open, inclusive, balanced, and beneficial to their peoples and future generations.
During talks with other leaders on the sidelines of the summit, the Chinese premier voiced China's readiness to push for a greater role of the Global South in improving global governance.
In his meeting with Vietnamese Prime Minister Pham Minh Chinh, Li said that China looks to strengthen communication and cooperation with Vietnam and jointly protect the common interests of the Global South countries.
During their meeting a day before the summit, Li told Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah, crown prince of Kuwait, that China is committed to strengthening communication and coordination with Kuwait through various multilateral platforms to push for more just and equitable global governance and a more harmonious, stable and prosperous world.
The trilateral summit 'encourages other regions to pursue similar models of collaboration,' Kam said.
'It is a sign of growing solidarity, where countries of the Global South are working together to shape their own futures, assert their priorities on the global stage, and build a more equitable and stable world order from the ground up,' the scholar added. – Xinhua Asean-China-GCC Summit China Li Qiang Xinhua
Hashtags

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


The Star
an hour ago
- The Star
U.S. Disney laying off hundreds of employees worldwide
NEW YORK, June 3 (Xinhua) -- The Walt Disney Co., a U.S. mass media and entertainment conglomerate, is laying off several hundred employees worldwide as it looks to trim some costs and adapt to evolving industry conditions. The exact number of jobs being cut is unknown, but layoffs will occur across several divisions, including television and film marketing, TV publicity, casting and development, and corporate financial operations. No entire teams will be eliminated, The Associated Press quoted official source as confirming on Tuesday. Last month Disney posted solid profits and revenue in the second quarter as its domestic theme parks thrived and the company added well over a million subscribers to its streaming service. The company also boosted its profit expectations for the year, according to the report. Disney has also been riding a wave of box office hits, including "Thunderbolts*" and "Lilo & Stitch," which is now the second-highest grossing movie of the year with 280.1 million U.S. dollars in domestic ticket sales.


Malaysia Sun
an hour ago
- Malaysia Sun
"Extremely productive visit": Indian envoy BN Reddy on India's diplomatic outraech to Malaysia
Kuala Lumpur [Malaysia], June 3 (ANI): An Indian all-party parliamentary delegation, led by JD(U) MP Sanjay Kumar Jha, successfully concluded a productive visit to Malaysia, engaging in a series of high-level meetings with political leaders, influential think tanks, and members of the Indian community. India's High Commissioner to Malaysia, BN Reddy, said the delegation met with several Malaysian stakeholders, including the Speaker of Parliament and the Special Parliamentary Committee on International Relations and International Trade, led by YB Wong Chen. The delegation also held discussions with key political parties such as the People's Justice Party (PKR), headed by the Prime Minister of Malaysia, the Democratic Action Party, and the Malaysian Indian Congress, both part of the ruling coalition. The visit also included interactions with leading Malaysian think tanks such as the Institute of Strategic & International Studies (ISIS) Malaysia and the Asia Institute, along with representatives from the local media. Reddy emphasised the importance of the delegation's engagement with the Indian community in Malaysia, which is home to the world's second-largest Persons of Indian Origin (PIO) population and nearly 300,000 Indian passport holders. Summing up the visit, Reddy said, 'It has been an extremely productive visit from the perspective of conveying the key message of new India. It's about India's policy of zero tolerance against terrorism, and that message has resonated well.' He noted that the delegation effectively highlighted the impact of cross-border terrorism on India's security. 'This will have a positive impact on how we go forward in taking this message further,' he added. 'The groundwork laid by our all-party parliamentary delegation will help enhance future engagement with Malaysian stakeholders,' Reddy said. The Indian delegation includes BJP MPs Aparajita Sarangi, Brij Lal, Pradan Baruah, Hemang Joshi; TMC MP Abhishek Banerjee; CPI-M's John Brittas; and Congress leader Salman Khurshid, among others. Their visit is part of a multi-nation tour to brief international partners on India's counter-terrorism efforts and promote regional cooperation. The delegation's tour includes stops in Japan, Indonesia, Malaysia, South Korea, and Singapore, underscoring India's commitment to regional peace, security, and development. (ANI)


The Star
an hour ago
- The Star
Asean currencies strengthening
A customer withdraws Singapore dollar notes. - Photo: AFP KUALA LUMPUR: Asean currencies are expected to appreciate further this year as global investors diversify away from heavy US exposures, says Maybank Investment Bank Research (Maybank IB) yesterday. The research house noted that all major Asean currencies – including the ringgit, Singapore dollar, Indonesian rupiah and Thai baht – are likely to strengthen in 2025. 'However, while this may occur, we are not yet convinced there is sufficient evidence of a real structural shift away from the US dollar,' the bank said in a note. Maybank IB said US President Donald Trump's protectionist stance, speculated preference for a weaker dollar, and tax proposals have contributed to recent declines in the greenback. Market volatility, which had surged across asset classes, has only recently begun to ease. — Bernama