Xi Jinping's Upcoming Southeast Asia Visits to Boost Regional Development and Cooperation
Xi Jinping's Upcoming Southeast Asia Visits to Boost Regional Development
In an important diplomatic move, Chinese President Xi Jinping is set to embark on a series of official visits to three countries in Southeast Asia next week: Vietnam, Malaysia, and Cambodia. This five-day journey, marking his first foreign trip of the year, comes at a time when China aims to strengthen its ties with its neighboring regions and enhance collaborative development initiatives.
Strengthening Diplomatic Relations
Scheduled from Monday through Friday, these visits are particularly significant as they follow Xi's call during a recent conference to establish a community with a shared future with neighboring countries. The Ministry of Foreign Affairs of China has emphasized that the relationships with Southeast Asian nations are of utmost importance to China's diplomatic strategy, highlighting the long-standing kinship and partnership between them.
Vietnam: A Historic Friendship
Xi's visit to Vietnam is especially meaningful as it coincides with the 75th anniversary of diplomatic relations between the two socialist neighbors. This visit will mark Xi's fourth official trip to Vietnam as both General Secretary of the Communist Party and President. His last visit took place in December 2023, during which China and Vietnam committed to building a community that shares a common future, steering bilateral relations into a new strategic phase.
The economic cooperation between China and Vietnam has seen continuous growth, making China Vietnam's biggest trading partner since 2004. In 2024, trade volume is expected to reach approximately $260.65 billion, showcasing a 13.5% year-on-year increase. Additionally, Chinese direct investments in Vietnam surpassed $2.5 billion last year, cementing Vietnam's status as a key destination for Chinese foreign investment.
Malaysia: Advancing Mutual Benefits
President Xi’s last visit to Malaysia occurred in 2013, which was when the two countries elevated their relationship to a comprehensive strategic partnership. Ten years later, Xi and Malaysian Prime Minister Anwar Ibrahim reached an agreement in Beijing to co-develop a community with shared future. The ties have remained robust, characterized by high-level meetings that cultivate political trust and successful collaborations across various sectors.
China continues to hold the position of Malaysia's largest trading partner, and trade is projected to hit a record high of $212.04 billion in 2024. Notably, Malaysian tropical fruits like durians and mangosteens have gained increasing popularity among Chinese consumers, reflecting the thriving economic relationship.
Cambodia: A Bond of Iron
The relationship between China and Cambodia is also expected to be emphasized during Xi Jinping's visit. His last official visit occurred in 2016, and recent months have seen Cambodian Prime Minister Hun Manet choose China as his first destination, indicating strong diplomatic priorities. Both sides have committed to further strengthen their friendship, which has been termed an