ASEAN-GCC-China Summit: What's driving the trilateral cooperation?

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  Daily news and analysis.

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  We keep you informed and inspired.

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  This is World Today.

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  Hello and welcome to World Today.

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  I'm Zhao Ying.

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  Coming up,

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  Chinese Premier Li Qian is in Malaysia to participate in the first ASEAN-GCC China Summit.

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  What's driving this trilateral momentum?

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  The European Union says it remains fully committed to reaching a trade agreement with the U.S. whilst at stake in their negotiations.

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  Premier Li Chang says China is ready to deepen strategic alignment with the Association of Southeast Asian Nations and the Gulf Cooperation Council.

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  Addressing the inaugural ASEAN-China GCC summit in Kuala Lumpur,

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  Premier Li also called for enhancing coordination of macroeconomic policies.

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  He called on the three sides to support each other in addressing new challenges in the course of development and to foster new models of international industrial and economic cooperation.

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  For more, we are joined by Wang Huiyao,

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  president of the Center for China and Globalization, a think tank based in Beijing.

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  The ASEAN-China GCC summit involves 17 nations with the aim to enhance multilateral cooperation.

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  What do you think brings these countries together and how significant is this trilateral mechanism

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  for addressing global economic and geopolitical challenges?

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  Yes, I think this trilateral conference that... among ASEAN, GCC, and China is really significant.

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  And it's the first time actually it's inaugural.

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