KUALA LUMPUR, Jan 31 (Bernama) -- Officials from China has proposed to the
Malaysian Government to establish a dedicated industrial park for investors from
the world''s second largest economy.
Deputy Finance Minister Datuk Donald Lim Siang Chai said China was
Malaysia''s largest trading partner last year, with total trade exceeding US$90
billion.
"Total trade surged by 20 per cent from 2010," he said when launching the
prospectus of China Stationery Limited.
China''s Ambassador to Malaysia Chai Xi said Chinese investors would come to
Malaysia in a big way to participate in the government''s economic transformation
pogramme.
"Therefore, the setting up of an industrial park in Malaysia solely for
Chinese investors will further enhance economic collaborations between the two
friendly nations," he said.
Chai Xi said China-Malaysia bilateral trade was in Malaysia''s favour.
"Our government is encouraging entrepreneurs to go abroad to invest,"
he said at the launch.
China Stationery Limited is the 10th Chinese company listed on Bursa
Malaysia.
Lim said as China was Malaysia''s major trading partner, there was an
agreement for Malaysian and Chinese traders to settle their accounts in
ringgit and renminbi.
-- BERNAMA
CL CL TOM
There are no comments yet