Business Daily Media

The Times

.

CGTN: China, ASEAN join hands to write new chapter in regional integration

BEIJING, CHINA - Media OutReach Newswire - 28 October 2025 - CGTN published an article about Chinese Premier Li Qiang attending a series of leaders' meetings on East Asian cooperation. Highlighting the successful partnership between China and ASEAN and the planned upgrade of the China-ASEAN Free Trade Area, the article emphasized that the China-ASEAN relationship has become the most successful and vibrant cooperation model in the Asia-Pacific and a prime example of building a community with a shared future for humanity.



CGTN

As Chinese and the Association of Southeast Asian Nations (ASEAN) leaders gather in Kuala Lumpur, Malaysia, a planned upgrade of the China-ASEAN Free Trade Area comes into the spotlight. This year, the two sides will formally sign the China-ASEAN Free Trade Area (CAFTA) 3.0 Upgrade Protocol to advance regional economic integration and global trade.

Since its launch in 2010, CAFTA has promoted the deep integration of the China-ASEAN economic and trade cooperation, injecting strong momentum into regional economic stability and growth and bringing tangible benefits to the people.

The China-ASEAN relationship has grown into the most successful and vibrant model for cooperation in the Asia-Pacific and an exemplary effort in building a community with a shared future for humanity, Chinese President Xi Jinping once stressed.

As each other's largest trading partners for the fifth consecutive year, China and ASEAN have achieved numerous milestones amid rising external uncertainties.

Addressing the fifth Regional Comprehensive Economic Partnership (RCEP) Leaders' Meeting in Kuala Lumpur on Monday, Chinese Premier Li Qiang said China will continue to support ASEAN centrality and, together with all parties, safeguard the stability of the regional multilateral trading system, calling for achieving more practical outcomes in RCEP cooperation and creating a bright future of shared prosperity.

Expanded cooperation

In recent years, under the strategic guidance of leaders from both sides, China and ASEAN countries have deepened practical cooperation across various fields. Economic and trade exchanges have maintained strong momentum, with trade volume and investment cooperation continuing to expand.

Bilateral trade value has soared from less than $8 billion in 1991 to nearly one trillion dollars in 2024. In the first three quarters of this year, China's total imports and exports with ASEAN were valued at 5.57 trillion yuan (about $785 billion), an increase of 9.6 percent year on year.

With platforms such as the China-ASEAN Expo and the China International Import Expo, specialty products from ASEAN countries, including Cambodian rice, Thai latex pillows and Lao beer, have continued to enter the Chinese market. Meanwhile, Chinese products such as new energy vehicles, machinery equipment and electronic appliances have also made their way into ASEAN countries.

Numerous infrastructure projects, such as the Jakarta-Bandung High-Speed Railway and the China-Laos Railway, are having a positive impact across the region, enhancing connectivity and reducing logistics costs.

Openness and cooperation are valuable experiences explored and accumulated through practice and should be cherished and carried forward at all times, Li said during the 28th ASEAN Plus Three Summit in Malaysia.

Deeper regional integration

Standing at a new starting point, the region is broadening collaboration on infrastructure, digital and green transition, trade facilitation and people-to-people exchanges, paving the way for deeper regional integration. Notably, emerging fields such as digital economy, artificial intelligence, electric vehicles and clean energy are adding to the mutually beneficial cooperation between China and ASEAN.

In Vietnam, Chinese-made agricultural drones are helping farmers spray pesticide, making their work easier and safer. Meanwhile, at Laem Chabang port in Thailand, China's electric and self-driving trucks have become reliable partners for the port workers. In Indonesia, the Cirata floating solar power plant, built by a Chinese company, has boosted the country's renewable energy supply.

According to China's Ministry of Commerce, CAFTA 3.0 will introduce nine new chapters, covering areas such as the digital economy, the green economy and supply chain connectivity. These new chapters are expected to help China and ASEAN promote broader and deeper regional economic integration under new circumstances and facilitate the integration of their industrial and supply chains.

Li urged continued commitment to resolving differences through dialogue and consultation, upholding free trade and the multilateral trading system, opposing all forms of protectionism, and steadily advancing regional economic integration.

For more information, please click:
https://news.cgtn.com/news/2025-10-27/China-ASEAN-join-hands-to-write-new-chapter-in-regional-integration-1HOH4LtABXi/p.html


Hashtag: #CGTN

The issuer is solely responsible for the content of this announcement.

News from Asia

Vinmec Launches Vietnam's First Integrated High-Tech Robotic Surgery Network, Establishing the Country's First Multi-Connected Robotic Surgery Ecosystem

HANOI, VIETNAM - Media OutReach Newswire – 27 June 2026 - Vinmec Healthcare System today officially launched its nationwide network of High-Tech Robotic Surgery Centers, marking a major milestone ...

Bank of China (Hong Kong) x Television Broadcasts Limited ("TVB") "Wealth Management Expo 2026" was Successfully Held

Empowering Enterprises to Go Global, Pioneering the Blue Ocean of Silver EconomyHONG KONG SAR - Media OutReach Newswire - 27 June 2026 - The "Wealth Management Expo 2026", powered by Bank of China...

Nexus Aesthetic Clinic to Host Pro Bono Aesthetic Literacy Talk for Women in Singapore

SINGAPORE - Media OutReach Newswire - 26 June 2026 - Nexus Aesthetic Clinic will host a pro bono public education talk for women in Singapore titled Ask Before Aesthetics: What Consumers Should Kn...

Singapore Institute of Management: Student Life and Campus Communities Becoming a Key Deciding Factor in Higher Education

SINGAPORE - Media OutReach Newswire - 26 June 2026 - Beyond academic rankings and programme offerings, students today are placing increasing emphasis on campus life, wellbeing support, and a sense...

YF Life Clinches Hong Kong Economic Journal’s "Outstanding Application of Diversified Investment Strategies" Award Once Again

Driving Sustainable Long-Term Value for Clients via the Innovative "Invesurance" PhilosophyHONG KONG SAR - Media OutReach Newswire – 26 June 2026 - YF Life Insurance International Limited (YF Life...

Razer Blade 2026 Laptop Lineup Compared: Blade 14 vs 16 vs 18

LOS ANGELES, USA - Media OutReach Newswire - 26 June 2026 - Razer Blade laptops have always been engineered for pure performance, and the 2026 lineup brings that into focus more than ever...

Security Is the New Market Access: Kigen Is Leading the IoT Security Mandate

At MWC IoT Summit 2026, Kigen made the case that the EU Cyber Resilience Act is not a compliance burden — it is a once-in-a-generation opportunity. For manufacturers who move now, the competitive a...

Klinik Tuah Welcomes Its 10,000th Knee Pain Patient in Under Five Years

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 26 June 2026 - In less than five years since it first opened its doors, Klinik Tuah has reached a significant milestone: welcoming its 10,000th k...

Washington Apples Marks 35 Years in Indonesia, Targeting Continued Growth Amid Healthy Living Trends

JAKARTA, INDONESIA- Media OutReach Newswire - 26 June 2026 - The Washington Apple Commission (WAC), the marketing organization representing Washington State's apple industry in the United States, ...

VinEnergo partners with SunAsia Energy to develop Solar-on-Water projects integrated with aquaculture in the Philippines

HANOI, VIETNAM - Media OutReach Newswire - 26 June 2026 - VinEnergo, a member of Vingroup's green ecosystem, and SunAsia Energy Inc., a pioneer in the Philippine solar energy sector, have announce...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...

For Midsize Companies, Global Payroll Systems Matter More to Business-Security Than You Think

When a midsize company expands across borders, its payroll operation becomes exponentially more complex. These organisations typically face a new ...