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Xi pledges to bring China-Malaysia community with shared future to new level

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      China

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      Xi pledges to bring China-Malaysia community with shared future to new level

      2024-09-20 20:55 Last Updated At:23:37

      Chinese President Xi Jinping on Friday held talks with Malaysia's King Sultan Ibrahim Sultan Iskandar in Beijing, pledging to work with Malaysia to bring the building of a China-Malaysia community with a shared future to a new level.

      Xi pointed out that as neighbors across the sea, China and Malaysia enjoy a time-honored friendship. Since the two countries established diplomatic relations in 1974, China and Malaysia have always been in friendly terms and supported each other, setting a fine example of mutual achievements and win-win cooperation among countries.

      Xi said this year marks the 50th anniversary of the establishment of diplomatic ties between the two countries and the Year of China-Malaysia Friendship, a significant year for China-Malaysia relations to build on past achievements and forge ahead into the future.

      China is further deepening reform comprehensively and advancing high-standard opening-up, which will bring new impetus and opportunities to China-Malaysia cooperation, Xi added.

      China is ready to work with Malaysia to carry forward fine traditions, be close neighbors of everlasting friendship, sincere partners of joint development, brotherly friends and an important force for peace, Xi said, adding that the two countries should deepen strategic cooperation in each other's modernization and push the building of a China-Malaysia community with a shared future to a new level.

      Xi stressed that China is willing to strengthen high-level exchanges with Malaysia, enhance strategic communication, and support each other on issues concerning each other's core interests and major concerns.

      He said China supports the Malaysia Madani concept and is willing to share governance experience with Malaysia, better align development strategies, promote high-quality Belt and Road cooperation, implement key projects, strengthen cooperation in agriculture and poverty reduction, tap the potential for cooperation in high-tech industries such as new energy and digital economy, and help advance each other's modernization process.

      The two sides should deepen exchanges and mutual learning between Chinese and Islamic civilizations, strengthen cooperation in areas such as higher education and joint scientific research, enhance mutual understanding and friendship between the peoples, and foster future generations who will carry forward the China-Malaysia friendship, the president said.

      He said China and Malaysia, as two important members of the Asia-Pacific region, developing countries and emerging market economies, should play a demonstration and leading role and add new dimensions and global significance to the China-Malaysia community with a shared future.

      China supports Malaysia as ASEAN's rotating chair next year and is willing to work with Malaysia to advance East Asian cooperation and regional economic integration, strengthen communication and coordination on important hotspot and international issues, and contribute to maintaining regional and world peace and stability, Xi said.

      Sultan Ibrahim said that he was honored to pay his first state visit to the great China as the head of state of Malaysia.   Under the leadership of President Xi Jinping and the hard work of the Chinese people, China has achieved remarkable development achievements, become an important engine of the world economy, and set an example for developing countries such as Malaysia, he said.

      Noting Malaysia is one of the first ASEAN countries to establish diplomatic relations with the People's Republic of China, and is also the first ASEAN country to establish a comprehensive strategic partnership with China, the King said Malaysia-China relations are based on mutual trust and mutual respect.

      The Malaysian side appreciates the Chinese government's people-centered development philosophy, supports President Xi's Global Development Initiative, Global Security Initiative, and Global Civilization Initiative, regards China as a reliable partner, and is committed to developing a strong partnership with China, achieving common progress, and carrying on side by side on each other's road to modernization, he said.

      Sultan Ibrahim said Malaysia has benefited greatly from the China-proposed Belt and Road Initiative and stands ready to work with China to deepen Belt and Road cooperation in trade and investment, infrastructure, connectivity, culture and education, and push Malaysia-China relations to a higher level.

      Malaysia is willing to work with China to make constructive contributions to maintaining peace and stability in the South China Sea, he added.

      The King said Malaysia, as the rotating chair of ASEAN and coordinator of ASEAN-China relations next year, is willing to play an active role in promoting the comprehensive strategic partnership between ASEAN and China.

      He said Malaysia highly appreciates China's fair and just position on the Palestinian question and is willing to strengthen communication and cooperation with China in international and regional affairs.

      On Friday night, Xi also hosted a welcome banquet for Sultan Ibrahim at the Great Hall of the People.

      Xi pledges to bring China-Malaysia community with shared future to new level

      Xi pledges to bring China-Malaysia community with shared future to new level

      Next Article

      Transformation, upgrading of China's manufacturing investment accelerates in 2024

      2025-01-20 22:37 Last Updated At:23:07

      China in 2024 saw a faster transformation and upgrading of investment in manufacturing industry, a strong growth of investment in high-tech industries, and a rebound of investment in infrastructure construction, according to the latest data released by the National Bureau of Statistics on Saturday.

      The investment in manufacturing industry grew by 9.2 percent compared to the previous year, or six percentage points higher than the growth rate of overall investment. In particular, investment in technological upgrades of manufacturing industry increased by eight percent, or 4.8 percentage points higher than overall investment growth.

      Private investment in manufacturing grew by 10.8 percent, driving up overall private investment by 5.3 percentage points.

      The structure of investment continued to optimize. Investment in high-tech industries rose eight percent compared to the previous year, which was 4.8 percentage points higher than the growth rate of overall investment. In particular, investment in high-tech manufacturing grew by seven percent, and that in high-tech service industry grew by 10.2 percent. Investments related to high-tech industries, such as aerospace equipment manufacturing and professional technical services, increased by more than 30 percent.

      In 2025, China plans to moderately increase central government budgetary investments, issue ultra-long-term special treasury bonds and local government special bonds, and enhance efforts to support projects for implementing major national strategies and building security capacity in key areas, as well as implementation of large-scale equipment upgrades and consumer goods trade-in programs, with the aim of stimulating private investment activity through various measures, effectively leveraging government investment to drive social investment, improving investment efficiency, and promoting steady growth in investments.

      Transformation, upgrading of China's manufacturing investment accelerates in 2024

      Transformation, upgrading of China's manufacturing investment accelerates in 2024

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