On March 27, 2023, the China Enterprise Chamber of Commerce in Malaysia (hereafter referred to as the Chamber of Commerce, CECCM) attended the Malaysia-China Trade and Investment Cooperation Seminar. This seminar was organised by the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) and the Associated Chinese Chamber of Commerce and Industry of Malaysia (ACCCIM). CECCM as a co-organizer of the event, Vice president of CECCM Mr. Ni Qingjiu attended the seminar and gave a speech.
Minister Counsellor of the Economic and Commercial Office of the Embassy of the People`s Republic of China in Malaysia, Mdm. Zhang Peidong, gave the speech, along with the Executive Vice President of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (ACCCIM), Mr. Zheng Chao, the Deputy President of the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM), Datuk Ng Yih Pyng, and the Deputy Chief Executive Officer (Investment Development) of the Malaysian Investment Development Authority (MIDA), Ms. Lim Bee Vian, who was also present.
Minister Conselor, Zhang Peidong, indicated that Malaysia, with its superior geographical location and well-established industrial infrastructure, could become the potential of China Enterprise. As the huge market of China and the China Enterprises are growing rapidly in Malaysia, they are continuously injecting vitality into Malaysia economic growth. Besides, in the year 2022, when China becomes the largest source of foreign investment in Malaysia again, the total of investments is as high as $12.5 billion, as hundreds of China Enterprises have established themselves in Malaysia. Thus, she encourages the entrepreneurs present from China and Malaysia to fully utilise the platform that CCCME has built to explore the potential of cooperation and strengthen communication.
The Vice President of CECCM, Mr. Ni Qingjiu, gave an overview of the CECCM, and pointed out that 2023 is the tenth year of “The Silk Road Economic Belt and the 21st-Century Maritime Silk Road” initiative. Mr. Ni Qingjiu indicated that, area along the line in Malaysia has a huge influence on “The Silk Road Economic Belt and the 21st-Century Maritime Silk Road”, it is one of the core motivations for the growing Chinese economic transformation. In this 10 years, China and Malaysia have adhered to the win-win concept to get the mutual benefits, and increase the chances for cooperation to promote China and Malaysia on a new stage. Thus, as Malaysia is a pinpoint of a trade route, it pays high attention to the Asia Pacific market and uses the advantage of its strategic location, it is expected that more and more Chinese investors will give themselves more chances to invest in Malaysia in the future.