On November 18, 2012, Chinese Premier Wen Jiabao met with his Malaysian counterpart Najib Razak in Phnom Penh.
Wen noted that in recent years, China-Malaysia relations have continuously developed and are among the best bilateral ties China has developed with members of the Association of Southeast Asian Nations (ASEAN). Both sides have attached more importance to mutual understanding and support in political and security spheres with strategic perspectives, said the Chinese premier. Noting China has become Malaysia's largest trading partner, Wen also said that the two countries have achieved outstanding progress in cooperation in finance, major projects and cultural exchanges. All these developments have not only enabled both sides to work together to better cope with complicated regional situations and the global financial crisis, but also have set up a basis for achieving common development in the longer-term and of higher levels for the two countries, he added.
Premier Wen proposed that the two governments work more closely to better play their role of guidance, coordination and service, map out a five-year blueprint for bilateral economic and trade cooperation and ensure successes of the China-Malaysia Qinzhou Industrial Park and the Malaysia-China Kuantan Industrial Park. Both sides should also boost cooperation in tourism, education, finance, medicine and telecommunications in a bid to bring more benefits to the two countries and their peoples, said the Chinese premier.
For his part, Najib said with the joint efforts of the leaders of the two countries and people from all walks of life, the relations between the two countries have made continuous progress with fruitful cooperation in various fields and the people-to-people friendship growing with each passing day. The successful conclusion of the 18th National Congress of the Communist Party of China has made Malaysia have more confidence in the development prospects of both China and the Malaysia-China relations. Malaysia is ready to join hands with China to work out planning for future bilateral economic and trade cooperation, and successfully build industrial parks between the two sides, said Najib. He said Malaysia welcomes Chinese enterprises to invest and more actively participate in major infrastructure construction projects in the country.
The two leaders agreed to maintain close communication and coordination and jointly promote the success of East Asian leaders' meetings.