Seminar & Forum TCS Secretary-General LEE Hee-sup Attended the 21st China-ASEAN Business and Investment Summit 2024-09-24
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On September 24, 2024, TCS Secretary-General LEE Hee-sup attended the 21st China-ASEAN Business and Investment Summit (CABIS) held in Nanning, China. Comprising a series of flagship events, the 21st CABIS was held under the theme of “Upholding Amity, Sincerity, Mutual Benefit and Inclusiveness for Common Development, Creating a Diamond Crown New Future - Promoting Development of a China-ASEAN Free Trade Area 3.0 and High-Quality Growth of this Region.” SG LEE attended the opening ceremony of CABIS and delivered congratulatory remarks at the China-ASEAN Business Leaders Forum, which is part of the CABIS framework. 

In his remarks, SG LEE stressed that just as the UN embodies global cooperation and the EU reflects European unity, ASEAN + 3 also demonstrates a concerted effort towards cooperation in East Asia. Noting that trilateral cooperation has developed in close partnership with ASEAN, he emphasized that as an international organization committed to trilateral cooperation, TCS has been employing the “Trilateral+X” modality to reach out to ASEAN beyond CJK. His remarks underscored that China-ASEAN cooperation is one of these important three pillars. 

Noting that ASEAN Plus Three accounts for around 30% of the world population and 25% of global GDP, leading global economic growth, SG LEE stressed that through collective efforts, ASEAN has emerged as the FTA hub of the region, and the three countries continue to lead the global economy, demonstrating remarkable resilience in overcoming challenges and crises. His remarks emphasized the importance for East Asia, a region that has prospered through free trade and globalization, to continue its support for the open, transparent, inclusive, non-discriminatory and rules-based multilateral trading system, with the World Trade Organization (WTO) at its core. He reiterated that TCS would continue to underpin the spirit of unity and collaboration to ensure sustainable development, enabling our region to remain a driving force for global growth. 

CABIS is an annual economic event co-hosted by the China Council for the Promotion of International Trade (CCPIT), the People’s Government of Guangxi Zhuang Autonomous Region and the national chambers of commerce and industry of ASEAN countries. Since its inception in 2004, the CABIS has evolved into a cornerstone of the economic exchange that spans not only China and ASEAN countries but across the region. TCS has participated in CABIS since the 19th iteration in 2022. Its involvement underscores the commitment to advancing trilateral cooperation in the context of ASEAN frameworks. 


▲China-ASEAN Business Leaders Forum in progress 

▲TCS Secretary-General LEE Hee-sup delivering congratulatory remarks 


▲SG LEE receiving interviews by Chinese media