China's collaboration with the 10-nation Association of South East Asian Nations (ASEAN) has helped boost regional growth and propped up global supply chains in the face of an era of uncertainty, according to Tan In Fong, secretary-general of the Malaysia-China Chamber of Commerce.
Speaking at CGTN's "Power of Ideas" event, Tan highlighted robust trading relationships, deep-rooted cultural connections, and complementary strengths as the foundation for ASEAN becoming China's largest trading partner.
"Why China, Malaysia and ASEAN relations matter? Because we share a long history of trade, cultural exchange and mutual growth. And over the past decades, our relationship has evolved from diplomatic ties to deep-rooted economic partnerships and milestones in regional cooperation. The China-ASEAN free trade agreement launched in 2010 has significantly enhanced the trade flows, making ASEAN China's largest trading partner," he said.
Tan noted that the China-ASEAN relationship had helped increase the region's influence in global trade and supply chain resilience.
"The regional growth and global impact for this collaboration is not just beneficial for ASEAN and China, but for the whole world, whole global economy. As we strengthen trade networks, we therefore reinforce the region's resilience and influence in global supply chains. Despite global uncertainties, China's strong domestic market, innovation-driven growth and commitment to regional integration indicate that its economic momentum will persist, and we believe that, ensuring a prosperous future for ASEAN and China," Tan noted.
China-ASEAN ties drive economic expansion, boost regional growth
