Miti deputy minister calls on Malaysia, China companies to deepen supply chain connections | Malay Mail

KUALA LUMPUR, April 26 -- Deputy Minister of International Trade and Industry Senator Datuk Lim Ban Hong has called on companies from Malaysia and China, particularly from Guangxi, to work closely to deepen supply chain connections in strategic sectors and to expand their respective markets.

Lim said the government sees further investments materialising through MCKIP and CMQIP, in addition to those arising from the Regional Comprehensive Economic Partnership which came into force on March 18, 2022. “We foresee more collaboration between the business communities. The RCEP partnership facilitates and promotes trade,” he said.

“According to trade statistics from China, in 2021 their total trade with Malaysia achieved a record high of US$176.80 billion; on the investment front, 43 manufacturing projects were approved from China, with investments worth US$3.98 billion, generating nearly 14,000 employment opportunities in Malaysia,” Lim said.anniversary and the bilateral economic milestone between the two countries.

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