{"id":35574,"date":"2025-04-13T02:16:00","date_gmt":"2025-04-13T02:16:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4663474_AE63474_0"},"modified":"2025-04-13T02:16:00","modified_gmt":"2025-04-13T02:16:00","slug":"china-vietnam-malaysia-cambodia-deepen-multilateral-cooperation-to-forge-a-shared-future","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=35574","title":{"rendered":"China, Vietnam, Malaysia, Cambodia Deepen Multilateral Cooperation to Forge a Shared Future"},"content":{"rendered":"

HONG KONG<\/span><\/span>, April 13, 2025<\/span><\/span> \/PRNewswire\/ — This is an analysis report by Amelie from Hong Kong Commercial Daily:<\/span><\/p>\n

Against the backdrop of the Belt and Road Initiative (BRI)’s deepening implementation, China’s<\/span> multilateral cooperation with Southeast Asian nations\u2014Vietnam, Malaysia<\/span>, and Cambodia\u2014has entered a new phase of synergy. Rooted in ancient trade ties, these partnerships draw on historical connections: Vietnam<\/span> maintained close exchanges with China<\/span> since the Qin and Han dynasties as a key node on the Maritime Silk Road; Cambodia’s<\/span> Angkor Empire engaged in tributary trade with the Yuan Dynasty; and Malaysia’s<\/span> Malacca<\/span> historically served as a pivotal hub for East-West commerce. These legacies now bolster modern collaboration. <\/p>\n

In recent years, China<\/span> and the three nations have established comprehensive cooperation frameworks. Vietnam<\/span> remains China’s<\/span> largest trading partner within ASEAN, with bilateral trade hitting $260.65 billion<\/span> in 2024\u2014the fourth consecutive year exceeding $200 billion<\/span>. Malaysia<\/span>, home to the BRI’s flagship East Coast Rail Link (ECRL) project, is advancing partnerships in digital innovation and green energy. Meanwhile, Cambodia’s<\/span> Sihanoukville Special Economic Zone, a model of industrial collaboration, has attracted 202 enterprises and generated approximately 32,000 local jobs. <\/p>\n

Multilateral mechanisms continue to strengthen. Under the Regional Comprehensive Economic Partnership (RCEP), over 90% of goods traded among the four countries will eventually enjoy zero tariffs. The Lancang-Mekong Cooperation (LMC) framework has spurred breakthroughs in cross-border economic zones and agricultural projects involving China<\/span>, Cambodia<\/span>, and Vietnam<\/span>. Collaboration now extends to emerging sectors like digital technology and renewable energy, reflecting evolving global dynamics. <\/p>\n

Marking the 10th anniversary of the BRI, accelerated strategic alignment is underway. Key connectivity projects\u2014such as the China-Laos Railway’s planned extension to Cambodia<\/span>, Malaysia’s<\/span> ECRL set for completion in 2026, and smart cross-border ports between China<\/span> and Vietnam\u2014are poised to elevate regional economic integration. With digital and green economies emerging as growth engines, this quadrilateral cooperation is expected to inject fresh momentum into building a closer China-ASEAN community with a shared future. <\/p>\n","protected":false},"excerpt":{"rendered":"

HONG KONG, April 13, 2025 \/PRNewswire\/ — This is an analysis report by Amelie from Hong Kong Commercial Daily: Against the backdrop of the Belt and Road Initiative (BRI)’s deepening implementation, China’s multilateral cooperation with Southeast Asian nations\u2014Vietnam, Malaysia, and Cambodia\u2014has entered a new phase of synergy. Rooted in ancient trade ties, these partnerships draw on […]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-35574","post","type-post","status-publish","format-standard","hentry","category-business-news"],"yoast_head":"\nChina, Vietnam, Malaysia, Cambodia Deepen Multilateral Cooperation to Forge a Shared Future - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=35574\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China, Vietnam, Malaysia, Cambodia Deepen Multilateral Cooperation to Forge a Shared Future - My Blog\" \/>\n<meta property=\"og:description\" content=\"HONG KONG, April 13, 2025 \/PRNewswire\/ — This is an analysis report by Amelie from Hong Kong Commercial Daily: Against the backdrop of the Belt and Road Initiative (BRI)’s deepening implementation, China’s multilateral cooperation with Southeast Asian nations\u2014Vietnam, Malaysia, and Cambodia\u2014has entered a new phase of synergy. 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