Deputy Minister of International Trade and Industry Lim Ban Hong says the country is committed to facilitating quality investments from China and would continuously be enhancing the country’s unique value propositions to ensure that it remains a preferred investment destination. – The Malaysian Insight file pic, September 17, 2022.哈希定位胆（www.hx198.vip）采用波场区块链高度哈希值作为统计数据，游戏数据开源、公平、无任何作弊可能性，开放单双哈希、幸运哈希、哈希定位胆、哈希牛牛等游戏。
THE two-way trade between Malaysia and China is expected to hit a new record high this year with the implementation of the Regional Comprehensive Economic Partnership (Rcep) agreement, said Deputy Minister of International Trade and Industry Lim Ban Hong.
Lim said the trade is expected to grow despite the pandemic’s effects and the global uncertainty caused by geopolitical tensions.
“The latest Chinese trade statistics revealed that Malaysia-China overall trade in the first eight months of 2022 reached US$131.21 billion, growing 21.1% from the corresponding period last year,” he said in his opening address at the 19th China-Asean Business and Investment Summit (Cabis) Roundtable Dialogue between Malaysia and chief executive officers from China.
In 2021 alone, a total of 43 manufacturing projects were approved from China worth US$3.98 billion, generating nearly 14,000 employment opportunities in Malaysia, according to Lim.
“Malaysia is welcoming more business collaboration from China in new and complex growth areas, that will foster innovation and strengthen supply chain linkages between Malaysian and Chinese companies.”
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“The resumption of travel links between Malaysia and China is a significant step in the right direction and Malaysia looks forward to receiving more business travellers from China to Malaysia,” he added.
Lim noted that Malaysia was among the early supporters of China’s Belt and Road Initiative (BRI) and remains committed to deepening economic ties with all BRI participating countries.
Malaysia is committed to facilitating quality investments from China and would continuously be enhancing the country’s unique value propositions to ensure that Malaysia remains a preferred investment destination, he said.
“These unique propositions span elements such as incentives, facilitation, talent, infrastructure, as well as legal, regulatory, procedural and institutional mechanisms,” he added.
On Asean-China relations, Lim said that Asean and China need to intensify efforts on the trade and investment fronts.
“We must continue to cooperate and support rules-based and multilateral economic agreements to help the region (recover from the) pandemic,” he said, adding that both parties have to strive to keep the supply chain connectivity uninterrupted and facilitate the movement of essential goods and services, as well as people. – Bernama, September 17, 2022.
ag区块链百家乐声明:该文看法仅代表作者自己，与本平台无关。转载请注明：usdt接口（www.trc20.vip）:Malaysia-China trade to hit record high this year, says Miti