1、Report on ASEAN-China Trade andInvestment Cooperation(2024-2025)ForewordThe relations betweenASEAN and China have stood the test of time sincethe establishment of their dialogue relations in 1991.Forged in connectedmountains and rivers,shared interests,and kindred cultures,the relationshave witnesse

2、d the political mutual trust steadily deepened,economic tiesflourished,and people-to-people exchanges ever more dynamic in the pastthree decades.The bilateral cooperation across all dimensions,has tangiblybenefited each of us,making the partnership the most successful and vibrantmodel of regional co

3、llaboration in the Asia-Pacific and a powerful engine forpeace,stability,development and prosperity in the region.The trade and economic cooperation is considered as the principal pillarof ASEAN-China relations.As the worlds second and fifth largest economiesrespectively,both are each others largest

4、 trading partners.China hasremained ASEANs top trading partner for 16 consecutive years,and ASEANhas been Chinas largest trading partner for 5 consecutive years.China isASEANs second-largest source of foreign investment,and ASEAN is also animportant source of foreign investment in China.The two side

5、s enjoyunprecedented potential for collaboration in emerging industries includinggreen energy and digital economy,with the supply-chain linkages increasingby the day and the connectivity continuously rising to new levels.The year 2025 marks a historical milestone for ASEAN-China relations.InMay,the

6、46th ASEAN Summit adopted the ASEAN Community Vision 2045and related strategic plans,mapping out the path for ASEANs developmentover the next two decades.In the same month,China and ASEAN MemberStates(AMS)concluded negotiations on the China-ASEAN Free Trade AreaVersion 3.0.In August,the Plan of Acti