China-Malaysia trade hit RM740bil in 2021

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KUALA LUMPUR: Total trade volume between China and Malaysia reached US$176.8bil (RM740bil) in 2021, with year-on-year growth of 34.5% amid the battle against the Covid-19 pandemic.

China’s ambassador to Malaysia, Ouyang Yujing , said flagship projects such as the “Two Countries, Twin Parks” and the East Coast Rail Link had also proceeded smoothly.“It is fair to say that China-Malaysia friendly cooperation has set a good example for regional cooperation,” he said during an online Chinese New Year 2022 reception hosted by the Chinese Embassy here yesterday.

“I believe this will inject a strong impetus into both countries’ economic recovery and bring more benefits to the people of both countries,” he said in a Bernama report. “I am convinced that as vaccines are being rolled out across the world, as long as we empower ourselves with strong faith, spirit of solidarity and scientific policies, we will finally emerge from the pandemic’s darkest hour and see the bright light of victory,” he said.

Globally, China had provided over two billion doses of vaccines to over 120 countries as well as international organisations, accounting for one-third of the total number of vaccines administered outside China.

 

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