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Friday, March 31, 2023

China important trade partner for Malaysia - Anwar

 


Prime Minister Anwar Ibrahim said his visit to China this week is a manifestation of the country's importance to Malaysia in various aspects, especially trade.

He said China is important not only as a neighbour with a close bilateral relationship and a close trading partner, but also due to its position as a major power in the world economy.

He described China as the world's economic giant.

“Given the priority, we come to China first. But as a trading nation, we must maintain excellent relationship with all, including the United States,” he said during the breaking of fast with Malaysian citizens at the Malaysian embassy in Beijing last night.

China has been Malaysia's largest trading partner since 2009. The value of trade between Malaysia and China in 2022 was about 17.1 percent of Malaysia's total global trade worth RM2.8 trillion.

The total trade between the two countries in 2022 was RM487.13 billion, which was an increase of 15.6 percent compared to the previous year.

Commenting further, the prime minister who arrived in Beijing from Hainan yesterday afternoon said the unity government he leads is now more intact and stable.

This allows the government to implement policies to strengthen the country's economic growth and attract more foreign investments and trade to Malaysia.

Meanwhile, Anwar also expressed his gratitude to Malaysians residing in China for safeguarding Malaysia’s good name and always obeying the law here.

He said they also play a major role in contributing to the close relationship between the two countries.

“Malaysia is a small trading country, but it is recognised and respected by China,” he added.

There are about 1,300 Malaysians registered with the embassy residing in China.

- Bernama

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