On September 12, Mr. Fu Fengshan, Chargé d'Affaires of the Chinese Mission to ASEAN, delivered opening remarks via video at the 15^th Executive Board Meeting of the China-ASEAN Interbank Association(CAIBA) and the 6^thExecutive Board Meeting of ASEAN Plus Three Interbank Cooperation Mechanism(APTIBCM).

Mr. Fu stressed that since the establishment of the ASEAN-China Comprehensive Strategic Partnership, the two sides have enhanced mutual understanding and trust, deepened economic integration, strengthened connectivity, and achieved remarkable results through mutually-beneficial cooperation.The APT cooperation mechanism has enhanced crisis response, advanced economic integration, and forged new drivers of development, serving as backbone of regional prosperity and stability. In face of unilateralism and protectionism, the APT mechanism should step up cooperation, enhance development resilience, and continuously advance regional integration. Reinforced and reinvigorated CAIBA and APTIBCM are expected to play a bigger role in maintaining regional economic and financial stability.

The meetings were co-hosted by China Development Bank and CIMB Bank of Malaysia.