China, ASEAN build new paradigm for regional cooperation

BEIJING, July 10, 2025 /PRNewswire/ -- This is a report from China.org.cn:

The ASEAN-China Economic Forum and the roadshow for the third China International Supply Chain Expo was held on May 26 in Kuala Lumpur, the capital of Malaysia.

Nearly 200 representatives from trade and investment promotion organizations, business associations, and enterprises from China and ASEAN attended the event.

Ren Hongbin, chairman of the China Council for the Promotion of International Trade (CCPIT), said that China and ASEAN have been upgrading their economic and trade cooperation in recent years, writing a new chapter in building a community with a shared future with neighboring countries.

He noted that the CCPIT is willing to work with the ASEAN business community to promote bilateral economic and trade cooperation, strengthen the coordinated development of industrial and supply chains, and support regional integration.

Chang Lih Kang, Malaysian minister of science, technology and innovation, said Malaysia and China share a long-standing mutually beneficial partnership and hoped both sides would put theirs strengths together to build stronger, smarter and more sustainable supply chains.

Low Kian Chuan, chairman of the Malaysia-China Business Council, said that with the recent completion of negotiations on Version 3.0 China-ASEAN Free Trade Area (CAFTA), both sides will further deepen their friendly relationship based on mutual respect and win-win development.

The third China International Supply Chain Expo will be held in Beijing from July 16 to July 20 this year, focusing on supply chains of advanced manufacturing, clean energy and other industries.

China, ASEAN build new paradigm for regional cooperation