Strategic cooperation can boost China-Asean relations

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Strategic cooperation can boost China-Asean relations
President Xi and his wife Peng Liyuan arrive at KLIA on Thursday for a three-day state visit.

MALAYSIA - Malaysia is an old friend of China in Southeast Asia. Bilateral relations are longstanding and progressing steadily.

With the continuous development of bilateral relations, China-Malaysia strategic cooperation is expected to boost the overall China-ASEAN strategic partnership.

China and Malaysia established diplomatic relations in 1974, which have stood the tests of the Cold War, the Asian financial crisis and the so-called China threat theory and witnessed sound development in the political, economic and cultural fields.

Thanks to the good relationship between the two governments and extensive people-to-people contacts and exchanges, bilateral relations are now at the best period of development in history.

Malaysia has been China's top trading partner in ASEAN for five consecutive years since 2008, with bilateral trade hitting a record high of nearly $95 billion in 2012.

As of the end of 2012, mutual actual investment reached $7bil, covering more than 5,000 programs. Malaysia will become the third Asian country after Japan and South Korea, whose bilateral trade with China exceeds $100bil.

Meanwhile, China has been working actively with Malaysia to build a model for cooperation in Southeast Asia with two joint China-Malaysia industrial parks being built in Qinzhou, Guangxi Zhuang autonomous region, and Kuantan, the largest city on Malaysia's eastern coast.

Politically, the leaders of both sides attach importance to the promotion of bilateral relations from a strategic perspective.

In June 2009, less than 60 days after taking office, Malaysian Prime Minister Datuk Seri Najib Tun Razak visited China and the two governments signed a joint action plan on strategic cooperation to strengthen strategic coordination on regional issues.

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