Malaysia and China unite: Shared values strengthen bilateral ties
Chan said both nations promote peaceful cooperation, prioritising mutual respect and win-win outcomes.
'These values form the foundation for meaningful partnerships and are essential for constructing a shared future for humanity. Due to this shared outlook, Malaysia-China cooperation is crucial and holds significant potential for further development growth,' he said during the speech at Asean-China Economic Forum and the launch of the Third China International Supply Chain Expo Roadshow on Monday (May 26).
He stated that while each country may pursue its own development model, all face intense and often harsh market competition. Describing the situation as 'involution,' Chan remarked that the region must avoid unhealthy rivalries.
'While the United States has shown its way of responding, Asean and China must chart a different course—one that continues to pursue mutual benefit, even in challenging times,' he said.
Chan also emphasised the significance of Tan Sri Low Kian Chuan's appointment as chairman of the Malaysia-China Business Council (MCBC), noting that Sunday's event was the first independently hosted by MCBC under its new leadership.
'This event reflects our future direction and commitment. The Prime Minister's Office will continue to support and monitor the council to ensure it fulfils its role effectively in driving Malaysia-China economic cooperation,' he said.
Meanwhile, China Council for the Promotion of International Trade (CCPIT) president Ren Hongbin emphasised the significance China places on Asean. He noted that President Xi Jinping's first overseas visit this year was to the region, as was the first official outbound mission by China's business community.
'This highlights the strategic importance of Asean to China. We are committed to working with Asean's business sectors to deepen cooperation, implement trade pacts such as the Regional Comprehensive Economic Partnership (RCEP), and advance our comprehensive strategic partnership,' he said.
Ren added that amid rising global uncertainty and instability, China and Asean—two major developing economies—remain steadfast in supporting economic globalisation and multilateralism.
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