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CHINA IS AN IMPORTANT TRADE PARTNER FOR MALAYSIA – ANWAR

March 31, 2023

BEIJING, March 30 — Prime Minister Datuk Seri 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 neighbor with close bilateral relationship and a close trading partner, but also due to its position as a major power in world economy. He described China as the world’s economic giant currently.

“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 here tonight. China has been Malaysia’s largest trading partner since 2009. The value of trade between Malaysia and China in 2022 was about 17.1 per cent of Malaysia’s total global trade worth RM2.8 trillion.

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

Commenting further, the Prime Minister who just arrived here from Hainan this afternoon said the Unity Government led by him 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 the good name of Malaysia and always obeying the law here. He said these people also played a major role in contributing to the close relationship between the two countries.

“Malaysia is a small trading country, but it is recognized and respected by China,” he said. There are about 1,300 Malaysians registered with the embassy currently residing in China. — BERNAMA

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