Malaysia and China will usher in high quality development in more fields .

Mondo Finance Updated on 2024-02-01

The Year of the Dragon in the Chinese lunar calendar is approaching, and the renaissance Hotel Kuala Lumpur, the capital of Malaysia, hangs red lanterns in front of the hotel. On January 30, the 16th Annual Meeting of the China-Malaysia Joint Business Council and the Economic and Trade Cooperation Forum to Celebrate the 50th Anniversary of the Establishment of Diplomatic Relations between China and Malaysia was held here, attended by more than 300 people from the business circles of the two countries.

The guests at the meeting said that since the establishment of diplomatic relations between China and Malaysia 50 years ago, there have been frequent exchanges and interactions between enterprises and institutions, and exchanges and cooperation in the economic and trade fields between the two countries have been deepened, which has laid a solid foundation for the economic and social development of both sides. We look forward to taking the 50th anniversary of the establishment of diplomatic relations between the two countries as an opportunity to deepen practical cooperation in the fields of economy, trade, science and technology, and people-to-people and cultural cooperation, and jointly create a more prosperous and beautiful future.

In his opening remarks, Chairman of MCBC Executive Committee Goh Thiam Chuan said that MCBC has maintained close exchanges with CCPIT. It is expected that the two countries will launch more mutually beneficial economic and trade measures, and under the promotion of the Belt and Road Initiative, "Malaysia and China will usher in high-quality development in more fields".

In recent years, China and Malaysia have achieved fruitful results in promoting the Belt and Road Initiative. Key projects such as the China-Malaysia "Two Countries, Two Parks" and the East Coast Railway have made steady progress and achieved good economic and social effects. "There is a lot of room for cooperation between China and Malaysia. Ren Hongbin, president of the China Council for the Promotion of International Trade, said that China is comprehensively promoting Chinese-style modernization with high-quality development, while Malaysia is accelerating the process of industrialization, and the two sides have broad prospects for strengthening industrial docking and innovation cooperation. "We encourage more Chinese enterprises to invest in Malaysia and create new growth points for cooperation in the fields of digital economy, green development and new energy. ”

As an important driving force for world economic growth, China will continue to open wider to the outside world and share new opportunities with the world. Chinese Ambassador to Malaysia Ouyang Yujing said.

China and Malaysia are important partners of each other. Malaysia is China's second largest partner and largest importer in ASEAN. China has maintained its position as the largest partner of Malaysia for 15 consecutive years, and has become the main investor of Malaysia for many years. Malaysia's high-quality agricultural products such as durian, jackfruit and palm oil provide more choices for Chinese consumers. "Malaysian products are very popular in China and my business is doing very well. Chen Rongqiang, general manager of Malaysia Huayitong Network Technology, who has been in the e-commerce business in Guangzhou for 4 years, told this reporter.

Last winter, the first China International Chain Promotion Expo was successfully held, and 515 Chinese and foreign enterprises and institutions focused on displaying new technologies, new products and new services in the upstream, middle and downstream key links of each chain. "The second edition of the Chain Expo will be held in November this year. Many Malaysian companies hope to use this platform to find better suppliers in China, so as to optimize the layout of the chain and improve the efficiency of the chain. Lin Shunjie, chairman of China Exhibition Group, said.

We are very interested in participating in the 2nd Chain Expo. Ming Shuang, President of the China Business Department of Malaysia Zhengyang Group, told this reporter that he looks forward to strengthening cooperation with Chinese enterprises through the Chain Expo and contributing to the 50th anniversary of the establishment of diplomatic relations between Malaysia and China.

On December 1, 2023, the mutual visa exemption policy between China and Malaysia was officially implemented, which further facilitated personnel and business exchanges between the two sides. "Strengthening people-to-people ties will help further deepen economic, trade and investment exchanges between the two countries, and further promote the development of the two countries' economies and various fields. Wu Tianquan said.

KUALA LUMPUR, Jan. 31 (Xinhua) --

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