Scope wide for Sino-ASEAN ties
China DailyAs China continues to promote high-quality development and expand high-level opening-up, its cooperation with the Association of Southeast Asian Nations will see broader opportunities and further boost stability and prosperity in the region as well as across the world, according to a senior official. It also showed that China's investment in ASEAN countries surged 44.6 percent last year, while the cumulative two-way investment exceeded $380 billion. He said that by doing so, China and ASEAN could foster new growth drivers and better play the roles of important economic growth engines in the region and the world. Highlighting people-to-people exchanges as the third pillar of China-ASEAN relations, after political and economic cooperation, he said that China and ASEAN countries are working together to promote mutual understanding and friendship among more than 2 billion people. "People-to-people exchanges are not just vital spiritual bonds that are continually rejuvenating between China and ASEAN countries, but also form the solid foundation for the growth of bilateral ties and the creation of an even better future for all," Shi said, noting that exchanges and cooperation in areas including culture, tourism, education and the media have yielded fruitful outcomes.