Malaysia-China Summit 2024 expected to unlock RM2b trade, investment opportunities

Investment, Trade and Industry Ministry secretary-general Datuk Hairil Yahri Yaacob with Minister at China’s embassy in Malaysia Zheng Xuefang at the launch of Malaysia-China Summit 2024. Also present are Teo, Mohd Mustafa and summit commissioner general Datuk Dr Tan Yew Chong. – Bernamapic

Organised by Qube Integrated Malaysia Sdn Bhd in association with Malaysia External Trade Development Corporation , MCS 2024 is held to commemorate the 50th anniversary of ties between Malaysia and China this year. According to Qube executive chairman Richard Teo, the summit is projected to generate RM2 billion in potential trade and investment opportunities.

During the soft launch of MCS 2024, Matrade CEO Datuk Mohd Mustafa Abdul Aziz emphasised that China’s long-standing position as Malaysia’s largest trading partner for 15 consecutive years, accounting for 17.1% of Malaysia’s total trade as of 2023.

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