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CGTN: China, ASEAN join hands to write new chapter in regional integration
As Chinese and the Association of Southeast Asian Nations (ASEAN) leaders gather in Kuala Lumpur, Malaysia, a planned upgrade of the China-ASEAN Free Trade Area comes into the spotlight. This year, the two sides will formally sign the China-ASEAN Free Trade Area (CAFTA) 3.0 Upgrade Protocol to advance regional economic integration and global trade.
Since its launch in 2010, CAFTA has promoted the deep integration of the China-ASEAN economic and trade cooperation, injecting strong momentum into regional economic stability and growth and bringing tangible benefits to the people.
The China-ASEAN relationship has grown into the most successful and vibrant model for cooperation in the Asia-Pacific and an exemplary effort in building a community with a shared future for humanity, Chinese President Xi Jinping once stressed.
As each other’s largest trading partners for the fifth consecutive year, China and ASEAN have achieved numerous milestones amid rising external uncertainties.
Addressing the fifth Regional Comprehensive Economic Partnership (RCEP) Leaders’ Meeting in Kuala Lumpur on Monday, Chinese Premier Li Qiang said China will continue to support ASEAN centrality and, together with all parties, safeguard the stability of the regional multilateral trading system, calling for achieving more practical outcomes in RCEP cooperation and creating a bright future of shared prosperity.
Expanded cooperation
In recent years, under the strategic guidance of leaders from both sides, China and ASEAN countries have deepened practical cooperation across various fields. Economic and trade exchanges have maintained strong momentum, with trade volume and investment cooperation continuing to expand.
Bilateral trade value has soared from less than $8 billion in 1991 to nearly one trillion dollars in 2024. In the first three quarters of this year, China’s total imports and exports with ASEAN were valued at 5.57 trillion yuan (about $785 billion), an increase of 9.6 percent year on year.
With platforms such as the China-ASEAN Expo and the China International Import Expo, specialty products from ASEAN countries, including Cambodian rice, Thai latex pillows and Lao beer, have continued to enter the Chinese market. Meanwhile, Chinese products such as new energy vehicles, machinery equipment and electronic appliances have also made their way into ASEAN countries.
Numerous infrastructure projects, such as the Jakarta-Bandung High-Speed Railway and the China-Laos Railway, are having a positive impact across the region, enhancing connectivity and reducing logistics costs.
Openness and cooperation are valuable experiences explored and accumulated through practice and should be cherished and carried forward at all times, Li said during the 28th ASEAN Plus Three Summit in Malaysia.
Deeper regional integration
Standing at a new starting point, the region is broadening collaboration on infrastructure, digital and green transition, trade facilitation and people-to-people exchanges, paving the way for deeper regional integration. Notably, emerging fields such as digital economy, artificial intelligence, electric vehicles and clean energy are adding to the mutually beneficial cooperation between China and ASEAN.
In Vietnam, Chinese-made agricultural drones are helping farmers spray pesticide, making their work easier and safer. Meanwhile, at Laem Chabang port in Thailand, China’s electric and self-driving trucks have become reliable partners for the port workers. In Indonesia, the Cirata floating solar power plant, built by a Chinese company, has boosted the country’s renewable energy supply.
According to China’s Ministry of Commerce, CAFTA 3.0 will introduce nine new chapters, covering areas such as the digital economy, the green economy and supply chain connectivity. These new chapters are expected to help China and ASEAN promote broader and deeper regional economic integration under new circumstances and facilitate the integration of their industrial and supply chains.
Li urged continued commitment to resolving differences through dialogue and consultation, upholding free trade and the multilateral trading system, opposing all forms of protectionism, and steadily advancing regional economic integration.
For more information, please click:
https://news.cgtn.com/news/2025-10-27/China-ASEAN-join-hands-to-write-new-chapter-in-regional-integration-1HOH4LtABXi/p.html
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Topuria officially joined the global 1win VIP Community on June 2, becoming part of the brand’s exclusive project that unites prominent figures from sports, music, and entertainment. Two weeks later, he is set to headline UFC Freedom 250 against Justin Gaethje in a lightweight title unification bout in the White House. The event is already being described as one of the most memorable spectacles in combat sports history.
“It’s not gonna be the biggest in UFC history – it’s gonna be one of the biggest events in sports history,” Topuria said ahead of the fight.
The bout marks the first defense of the lightweight title Topuria captured last year when he knocked out former champion Charles Oliveira to become only the tenth fighter in UFC history to win titles in two different weight classes. Holding a professional record of 17-0-0, “El Matador” Topuria enters the contest looking to further cement his legacy.
Known for his confidence and tireless pursuit of excellence, Topuria believes success is built on preparation rather than chance, a mindset that aligns closely with the philosophy behind the 1win VIP Community.
“Life is a game. Most people sit and hope for luck. I find it inefficient. I prefer control and precision, because when you set your own rules, winning stops being a surprise. If that’s your way of life, you’re welcome at my table with 1win,” stressed Topuria upon joining the 1win VIP community.
The fighter has repeatedly demonstrated confidence ahead of his clash with Gaethje, emphasizing his discipline, hard work, and dedication.
Ilia Topuria joins a growing roster of internationally recognized athletes and entertainers engaging with 1win, including 1win VIP member, rapper Tyga, and brand ambassadors and UFC fighters Jon Jones, Gable Steveson, and Ignacio Bahamondes.
Hashtag: #1win
The issuer is solely responsible for the content of this announcement.
About 1win
1win is an international entertainment platform operating across multiple markets worldwide. Through partnerships with internationally recognized athletes and celebrities, the company creates engaging experiences and premium content for audiences worldwide.
This year’s forum is an important supporting event of the 18th Cross-Strait Forum. During the event, nine Fujian-Taiwan financial integration projects were signed, with a total value of RMB 9.1 billion. The projects cover a wide range of financial services across areas including cross-strait industrial cooperation, water supply security for public welfare, capacity upgrades for long-established Taiwan-funded enterprises, technology and innovation industries, and modern agriculture. These initiatives continue to unlock the benefits of financial policies, promote shared access to financial resources for Taiwan compatriots and Taiwan-funded enterprises, and inject new momentum into industrial integration between Fujian and Taiwan.
At the forum, the Cross-Strait Wealth and Asset Management Cross-Sector Alliance was officially inaugurated. Supported by Jinyuan Group and jointly proposed by its affiliated financial institutions, the alliance was co-founded by Xiamen International Trust, Jinyuan Uni-President Securities, Yuanxin Yongfeng Fund, Fubon Bank (China), Junlong Life Insurance, and Xiamen Chang Gung Hospital, among others. Centered on serving the wealth management and asset management needs of people on both sides of the Taiwan Strait, the alliance aims to build a one-stop service platform covering asset allocation for Taiwan compatriots and Taiwan-funded enterprises on the mainland, family trusts and wealth succession planning, pension finance, and healthcare protection solutions.
The forum also unveiled a series of innovative financial achievements related to Taiwan. The banking industry’s first group standard dedicated to Taiwan-related financial services on the mainland, the “Specification for Taiwan-Related Financial Services of Banking Financial Institutions,” was officially released. At the same time, the “Bailufen” Taiwan Compatriot Financial Service Platform was introduced, further enhancing financial services for Taiwan compatriots living in Fujian and supporting the development of Taiwan-funded enterprises.
Hashtag: #StraitsFinancialForum
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Media OutReach
Verdant Rock Receives BBB+ Long-Term Insurer Financial Strength Rating with a Stable Outlook from Fitch Ratings
“The infrastructure and capital markets we are targeting have been systematically underserved over the past decade. Verdant Rock enters this space with an investment grade rating, a strong capital position, the regulatory standing, the technical capability, and the long-term commitment that issuers and their advisers have been unable to find elsewhere.”
— Tolga Uzuner, Co-Founder, Chief Executive Officer, Verdant Rock Limited
The Fitch Ratings report can be accessed here:
Fitch Rates Verdant Rock at ‘BBB+’; Outlook Stable
Verdant Rock’s Class 3B registration can be verified via the BMA’s register of regulated entities (search “Verdant Rock”): https://www.bma.bm/regulated-entities
Notes to editors: For the May 2026 licensing announcement, see https://bernews.com/2026/05/walkers-supports-verdant-rock-licensing/
This announcement is (i) for information only; (ii) not an offer or solicitation to buy or sell any security, insurance product, or financial guarantee; and (iii) not for distribution in any jurisdiction where to do so would be unlawful. Forward-looking statements are not guarantees of future results, and Verdant Rock undertakes no obligation to update them. A credit rating is not a recommendation to buy, sell or hold any security and may be subject to revision, suspension or withdrawal at any time by the assigning rating agency.
Hashtag: #VerdantRock
The issuer is solely responsible for the content of this announcement.
ABOUT VERDANT ROCK
Verdant Rock Limited is a Bermuda-based insurance company, regulated by the Bermuda Monetary Authority, providing Basel III and Solvency II compliant financial guarantees in emerging markets, designed to qualify as eligible credit protection under Basel and major insurance solvency regimes, for the benefit of institutions globally.
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