China and Malaysia have agreed to further reinforce cooperation and build a high-level strategic China-Malaysia community with a shared future to jointly promote local and worldwide prosperity and stability.The two countries made the announcement on Thursday in a joint statement released in the context of Chinese President Xi Jinpings state visit to Malaysia.In the statement, China and Malaysia pledged to reinforce strategic coordination, deepen synergy of advancement, tighten people-to-people bonds, preserve peace and stability in the South China Sea, strengthen regional cooperation, and conduct multilateral cooperation.Malaysia repeated its firm commitment to the one-China policy, acknowledging the government of the Peoples Republic of China as the sole legal government of China, Taiwan is an inalienable area of individualss Republic of China, and in order for China to accomplish nationwide reunification, will not support any require the self-reliance of Taiwan.China, Malaysia enhance financial and trade cooperationThe 2 sides consented to end up being a pacesetter for local cooperation on brand-new quality efficient forces and further synergize development strategies.Focusing on four crucial areas of digital economy, green economy, blue economy and tourist economy, the 2 sides promised to broaden future financial cooperation, promote incorporated, coordinated and complementary development, achieve deep integration of industrial and supply chains, worth chains, information chains and skill chains, so regarding further improve the level and quality of China-Malaysia cooperation.The two nations likewise agreed to collectively construct a safe and stable industrial and supply chain and reinforce cooperation.According to the declaration, the Malaysian side welcomes Chinese enterprises to take part in the construction of Malaysias 5G network. Both sides eagerly anticipate exploring prospective cooperation in the semiconductor industrial chain to the level practicable to preserve the stability of the commercial and supply chains.The 2 nations reaffirmed their commitment to reinforcing rail transport and facilities cooperation and adding to the awareness of the Pan-Asian Railway vision.China said it invites Malaysia to continue promoting Malaysian items and broadening exports to China through platforms such as the China International Import Expo, the Global Digital Trade Expo and the China-ASEAN Expo.As a method to tighten up people-to-people bonds between the 2 nations, the two sides vowed to continue joint research on panda protection and anticipate to attain more development in this field.In a quote to keep peace and stability in the South China Sea, the 2 countries accepted deal with disagreements by peaceful methods, through friendly assessments and settlements, said the statement, noting that both sides acknowledged that the involvement of celebrations not directly worried might be counter-productive. China, Malaysia promote economic globalizationFurthermore, the two countries have actually promised to collectively promote a generally advantageous and inclusive financial globalization, advance trade and investment facilitation and turn down the unilateral trade restrictive procedures consisting of approximate tariff walkings that are irregular with the WTO rules.Both sides are committed to supporting the rules-based, non-discriminatory, open, fair, inclusive, equitable and transparent multilateral trading system with the WTO at its core, said the statement.The two countries will enhance cooperation, supporter for WTO rules to evolve with the times, and safeguard the legitimate rights and interests of developing members, it noted.Both sides concurred that no country can stay untouched amidst a turbulent and progressing international landscape, and acknowledged the historical pattern toward a shared future for the global neighborhood. The statement added that win-win cooperation is the just best path forward.The 2 sides reaffirmed their commitment to the purposes and principles of the UN Charter to practice real multilateralism, maintaining the international system with the UN at its core, the international order underpinned by international law, and the standard norms governing global relations underpinned by the purposes and principles of the UN Charter, the declaration said.Both sides will work together to satisfy all kinds of difficulties and contribute Asian strength to building an equivalent and organized multipolar world, it noted.The two nations will improve coordination and cooperation under such frameworks as the UN, the WTO and the World Health Organization, collectively promote global fairness and justice and safeguard the typical interests of establishing countries, the statement said.China invites Malaysia as a BRICS partner nation and is willing to actively support Malaysia in better incorporating into BRICS cooperation, it said.Malaysia welcomes Chinas application to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, it added.China, Malaysia pledge support for ASEANThis year, Malaysia assumes the function of chair of the Association of Southeast Asian Nations (ASEAN) rotating presidency. China pledged firm assistance for the ASEAN in the joint statement.The two sides declared to maintain ASEAN centrality and support the organization in enhancing ASEAN-led mechanism in promoting an open and inclusive regional architecture that is serene, steady and conducive for regional development, growth and prosperity, said the statement.They also repeated to collectively enhance the structure of a tranquil, safe and protected, flourishing, stunning and amicable home, so as to build a closer ASEAN-China community with a shared future, it said.Malaysia supports China in hosting APEC Economic Leaders Meeting 2026 and supports Hong Kongs accession to the Regional Comprehensive Economic Partnership, it addedIn addition, the 2 sides also voiced stern opposition to the forced displacement of the people of Gaza, calling for an independent state of Palestine based on the two-state solution and for Palestines complete UN membership.
[China] - China, Malaysia vow to deepen cooperation, promote regional success
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