Relations between China and ASEAN -- Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam -- have grown in recent years, with trade reaching over 452 billion U.S. dollars in 2016.
The two sides have also worked on the Belt and Road Initiative for stronger regional connectivity and integration.
"China-ASEAN ties have developed into the most dynamic and enriched among ASEAN's relations with its dialogue partners," said Xu Bu, Chinese Ambassador to ASEAN.
China is expected to play a positive role in the upcoming RCEP talks, which will be the first leaders' meeting since its launch in 2017. RCEP is a free trade pact involving the 10 ASEAN members and six other countries -- China, India, Japan, South Korea, Australia and New Zealand.
By setting the theme of this year's meetings as "Partnering for Change, Engaging the World", ASEAN is sending signals of joining with its partners and pushing for further regional economic integration.
Upon establishment, the 16 RCEP participating countries will form a trade bloc with a population of three billion and some 30 percent of global trade, which will pave way for the building of the Free Trade Area of the Asia-Pacific.
"China has always been a firm supporter of economic globalization and free trade, as well as a participant and contributor to the RCEP negotiations," said Xu.
Meanwhile, as the first visit to the Philippines by a Chinese premier in 10 years, Li's trip is seen as an important move regarding bilateral ties.
【国内英语资讯:Economic Watch: Regional cooperation on agenda for Premier Lis Philippines trip】相关文章:
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