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Xi calls for advancing China-Malaysia relations through deeper cooperation

China

China

China

Xi calls for advancing China-Malaysia relations through deeper cooperation

2025-04-15 22:17 Last Updated At:22:37

Chinese President Xi Jinping has called on China and Malaysia to strength the alignment of their development strategies and advance their bilateral relationship through high-level strategic cooperation.

The remarks were made in a signed article titled "May the Ship of China-Malaysia Friendship Sail Toward an Even Brighter Future" by Xi, published on Tuesday by several major Malaysian media outlets, including Sin Chew Daily, The Star, and Sinar Harian. The article coincided with the start of President Xi's state visit to Malaysia.

In the piece, Xi described China and Malaysia as "friendly neighbors across the sea" and emphasized the need to inject fresh momentum into their longstanding friendship.

Xi said that China and Malaysia must enhance strategic communication, increase mutual political trust, follow through on the Belt and Road cooperation plan between the two governments.

He noted that in 2024, bilateral trade between the two countries reached 212 billion U.S. dollars - nearly a thousand-fold increase since their establishment of diplomatic relations in 1974. He underscored that China has remained Malaysia's largest trading partner for 16 consecutive years.

Xi also highlighted Malaysia's role as the ASEAN Chair for 2025, saying China is committed to working with Malaysia and other ASEAN countries to combat the undercurrents of geopolitical and camp-based confrontation, as well as the countercurrents of unilateralism and protectionism, in keeping with the historical trend of peace and development.

"President Xi's article and statement are definitely very precious to us. He has emphasized a lot in terms of mutual trust and shared prosperity for future growth. That is something that we Malaysians deeply agree with and believe in it," said Chan Seng Fatt, CEO of Star Media Group, in an interview with China Global Television Network on Monday at the printing house.

Malaysia is the second leg of Xi's current five-day three-nation Southeast Asia tour, which began with a two-day state visit to Vietnam, and will also take him to Cambodia for a state visit.

Xi calls for advancing China-Malaysia relations through deeper cooperation

Xi calls for advancing China-Malaysia relations through deeper cooperation

China's outstanding aggregate social financing -- the total amount of financing to the real economy -- reached 442.12 trillion yuan (about 63.4 trillion U.S. dollars) as of the end of 2025, up 8.3 percent year on year, central bank data showed on Thursday.

The country's aggregate social financing stood at 35.6 trillion yuan (about 5.1 trillion U.S. dollars) in 2025, up by 3.34 trillion yuan (about 479 billion U.S. dollars) from the year 2024, said the People's Bank of China (PBOC), the country's central bank.

According to the data, the M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 8.5 percent year on year to 340.29 trillion yuan (about 48.8 trillion U.S. dollars) as of the end of December.

In addition, outstanding yuan loans stood at 271.91 trillion yuan (about 39 trillion U.S. dollars) at the end of 2025, up 6.4 percent year on year.

China's aggregate social financing maintains high growth in 2025

China's aggregate social financing maintains high growth in 2025

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