19th Nov 2021, Embassy of the People’s Republic of China in Malaysia and China Enterprises Chamber of Commerce in Malaysia (CECCM) jointly hosted a webinar titled “China’s Economic Development under the Epidemic”. The webinar was hosted by Counsellor Li Jing from the China Embassy in Malaysia and invited two special speakers, Chairman of China Association of International Trade, Jin Xu and Vice President of China Society for World Trade Organization Studies, Huo Jianguo. Honourable guests include Minister Counselor of the Embassy of the People’s Republic of China in Malaysia, Zhang Peidong, Counselor Li Jing, President of CECCM, Zhang Min, The Associated Chinese Chambers of Commerce and Industry in Malaysia (ACCCIM) Committee Advisor, Datuk Ng Yih Pyng, members of CECCM, representatives of the China-Aid Alumni Association of Malaysia and about hundred other participants.
Minister Counselor, Zhang Peidong first thanked the two speakers for accepting this invitation to share with the participants online. She believes that the knowledge shared by the speakers will benefit all the participants a lot. She mentioned that with the formal entry into force of the RCEP (Regional Partnership Agreement) next year, the economic and trade cooperation between China and Malaysia will usher in a new round of development. The Minister said that the Economic and Commercial Office of the Embassy will continue to serve China-Malaysia economic and trade cooperation. It will strive to promote the sustained and healthy development of China-Malaysia economic and trade relations.
President of CECCM, Zhang Min stated that in face of the impacts of the Covid-19 pandemic and the world economic recession, the webinar had the honour to invite two speakers to analyse the basic situation of China and the international economic situation. He believes that with the professional and in-depth explanations of both speakers, it will enable entrepreneurs from both China and Malaysia to better grasp the current situation and identify the future development direction to create more opportunities.
Afterwards, the two speakers explained about China’s current basic economic conditions and the challenges facing opening up. Both speakers carefully analysed the future development trend of China-Malaysian trade. At the same time, the speaker also reminded companies to pay full attention to fluctuations and changes in the international market. It is important to make timely adjustments to trade or investment policies, reasonably allocate their own business assets and avoid risks. All in all, China’s foreign trade still has huge potential and optimistic prospects.