Malaysia-China collaboration will bolster supply chains, fuel services trade expansion: Tengku Zafrul

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KUALA LUMPUR: Three economic collaborations between Malaysia and China will significantly bolster supply chain resilience, fuel trade expansion in the...

Tengku Zafrul delivering his speech at the Malaysia-China Business Community luncheon today.– BernamapicThree economic collaborations between Malaysia and China will significantly bolster supply chain resilience, fuel trade expansion in the services sector and attract high-quality investments, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

The collaborations are the Five-Year Programme for Economic and Trade Cooperation between Malaysia and China, along with two additional memorandums of understanding on Strengthening Investment Cooperation in Digital Economy and Green Development.“These three agreements pave the way for a new chapter of economic collaboration, fostering even more shared prosperity for both nations,” the minister said in his welcoming remarks at the China and Malaysia Business Community luncheon today.

He said both countries are also building on successful collaborations in advanced manufacturing and electric vehicles, which would unlock new opportunities in these key sectors.

 

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