www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
Opinion
Home / Opinion / Outstanding entries

The future of China-Malaysia trading relationship

By Nadia Majid | chinadaily.com.cn | Updated: 2017-06-05 11:18

Throughout China’s long history, cultural and commercial interactions with many parts of what constitute today’s Malaysia have become commonplace. In 1974, the then Malaysian Prime Minister Abdul Razak made a historic visit to Beijing, and Malaysia became the first Southeast Asian country to establish diplomatic relations with communist China. Malaysia has also not lost sight of China’s marvelous achievements since its reform and opening-up process started. Indeed, China is Malaysia’s largest trading partner and Malaysia is China’s largest trading partner in Southeast Asia, with their bilateral annual trading volume surpassing US$100 billion and is projected to reach US$160 billion by 2017. It then came as no surprise that in 2013 the two countries upgraded their relationship to that of “Comprehensive Strategic Partnership.”

Malaysia has been focussing on China market all this while, considering its size.

China is so big that working with one province is similar to working with one country. Malaysia can work independently with individual provinces in China. It’s easier to do business with China, which has similarities with us in terms of culture. The challenge is whether Malaysia’s SMEs are ready. With the participation of Malaysia in the BRI, Malaysia will see more international trade being conducted in this region and it is expected to benefit from it since Malaysia is already the 23rd largest exporter in the world out of 168 countries in the WTO.

Malaysia has been having trade deficit with China since 2012. But with the BRI is has suddenly become a big concern. Total trade increased by 4.4%. Export was RM98.6 billion and import RM142 billion, which means there was trade deficit of about RM43 billion. Here, we can see that Malaysia will have trade deficit with or without China. The BRI will open up more opportunities for Malaysia mainly because it involves the belt and the maritime. The maritime route will go from China down to Asean and Malaysia is right in the centre of the route between China and Europe. That gives us the best opportunity to generate trade. The Malacca industrial park is part of the giant Malacca Gateway project that China and Malaysia signed last year. The project includes building three reclaimed islands and developing a fourth natural island. Most of this project will cater to tourism, commercial and housing needs, but one island – Pulau Melaka – has been earmarked to become a maritime activities centre with a container and bulk terminal, shipbuilding and ship repair services, and maritime industrial park.

On 4th November 2016, Jack Ma, the founder of Alibaba group has agreed to act as an advisor to the Malaysian Government on its digital economy aspirations. Following this agreement, Alibaba would set up a logistics hub in Malaysia, the latest in a string of Chinese investments including in infrastructure and real estate projects, underscoring the close ties between the two countries.The Malaysian Government has allocated a piece of land to Alibaba to set up this e-hub, which will make it easier for small and medium enterprises (SMEs) in Malaysia to participate in international trade. The hub, which is expected to be launched at the end of 2019 will be part of a digital free trade zone. It is said that the hub will function as a centralized customs clearance, warehousing and fulfilment facility for Malaysia and the region to deliver faster clearance for imports and exports.Alibaba will also explore e-payment and financing opportunities to facilitate business-to-business trade.Ma said he expected to launch Alipay in Malaysia soon, but stressed that it was not to occupy the local market but to push for Malaysia to be an inclusive, transparent cashless society.

More and more Malaysians are learning Mandarin now, in fact, it is encouraged by the government. Malaysian government believes that a nation’s peace and safety can be achieved if public is able to perform well in education. Education is the most important tool to break the poverty cycle and a guaranteed path to the economy growth. The government is currently planning to improve the education system that includes Mandarin in the syllabus. With the increase of Mandarin speakers in Malaysia, this is advantage for both countries as it is easier for SMEs to communicate in common language and for them to conduct trades.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 亚洲天堂久久 | 日本成年人视频网站 | 久久久9视频在线观看 | 加勒比色久综合在线 | 欧美一级片在线视频 | 中文字幕一二三四区2021 | 国产精品18久久久久久久久久 | 男女乱淫真视频免费一级毛片 | 欧美日韩性视频一区二区三区 | 国产精品一区二区四区 | 欧美一级永久免费毛片在线 | 国产成人高清一区二区私人 | 亚洲天堂影院在线观看 | 一级国产a级a毛片无卡 | 在线综合+亚洲+欧美中文字幕 | 欧美三级三级三级爽爽爽 | 亚洲日产2021三区 | 欧美在线1 | 搞黄网站在线观看 | 一区二区三区亚洲视频 | 国产在线精品一区二区中文 | 久久久久久国产精品三级 | 欧美特级午夜一区二区三区 | 欧美日本韩国一区 | 国产第一亚洲 | 中文字幕一区在线观看 | 午夜性激福利免费观看 | 精品一区二区三区在线播放 | 日本久久99 | 成人网18免费视频 | 中国美女一级黄色片 | 亚洲毛片在线免费观看 | 欧美日韩国产一区二区三区播放 | 免费一级欧美毛片 | 欧美人与z0z0xxxx | 亚洲在线一区二区三区 | 午夜性色福利视频在线视频 | 欧美韩国日本一区 | 国产一区二区在免费观看 | 欧美三级不卡视频 | 欧美精品一区二区三区免费观看 |