China Premier Li Qiang Calls for Global Companies to Join Economic Development

Chinese Premier Li Qiang, the second-highest-ranking official in Beijing, has called for global companies to actively participate in China's economic development. This statement came as he joined leaders from the Association of Southeast Asian Nations (ASEAN) and the Gulf Cooperation Council (GCC) for their first-ever trilateral summit. The summit, held in Kuala Lumpur, Malaysia, marked a significant diplomatic effort to foster economic cooperation among the three regions.

Li Qiang emphasized the importance of opening China's economy to high-quality products from around the world. He described the summit as a response to the evolving global landscape, highlighting the need for increased collaboration and mutual benefit. The summit brought together leaders from ASEAN, which includes nations like Indonesia and Malaysia, and the GCC, comprising countries such as Saudi Arabia and the United Arab Emirates.

The trilateral summit aimed to bridge regional divides in a fragmented world. ASEAN contributes demand, youth, and geography, while the GCC offers capital and a drive for diversification. China, with its vast scale, advanced technology, and manufacturing capabilities, plays a pivotal role in this partnership. The summit underscored the potential for enhanced economic ties, with discussions focusing on areas such as agriculture, finance, infrastructure, green economy, artificial intelligence, and education.

Li Qiang's visit to Indonesia and Malaysia further solidified China's commitment to regional cooperation. He expressed Indonesia's readiness to expand its collaboration with China across various sectors, including agriculture, finance, infrastructure, and education. This visit highlighted the strategic importance of Southeast Asia in China's economic and diplomatic agenda.

The summit also saw the participation of key figures, including Amir H H. Sheikh Tamim bin Hamad Al-Thani from the GCC. His presence underscored the GCC's interest in deepening economic ties with both China and ASEAN. The summit provided a platform for leaders to discuss shared challenges and opportunities, fostering a more integrated and cooperative regional framework.

Overall, the first-ever trilateral summit between China, ASEAN, and the GCC represents a significant step towards greater economic integration and cooperation. Li Qiang's call for global companies to fully share in China's development reflects the country's commitment to opening its economy and fostering mutually beneficial partnerships. The summit's outcomes are expected to pave the way for enhanced collaboration and economic growth across the three regions.