The upcoming 8th China International Import Expo (CIIE) will allow Malaysian businesses to expand their services and products internationally, says Chinese ambassador to Malaysia Ouyang Yujing.
He said CIIE, which will be held in Shanghai, could serve as a catalyst for local Malaysian products and businesses to expand into the Chinese market.
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He said CIIE, which will be held in Shanghai, could serve as a catalyst for local Malaysian products and businesses to expand into the Chinese market.
Read more at https://tinyurl.com/4d7yn8e2
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline
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NewsTranscript
00:00The upcoming 8th China International Import Expo, or CIIE, will allow Malaysian businesses
00:10to expand their services and products internationally.
00:13Chinese Ambassador to Malaysia Ouyang Yu Jing said CIIE, which will be held in Shanghai,
00:19could serve as a catalyst for local Malaysian products and businesses to expand into the
00:24Chinese market.
00:26We hope that friends from the Malaysian business community will seize the new opportunities
00:33through today's event and actively participate in the CIIE.
00:38We look forward to seeing the more high-quality Malaysian products enter the Chinese market
00:45and maintaining their prosperity.
00:48He said in his speech during a CIIE promotion event on Monday, China International Import
00:54Expo Bureau, Executive Director General Wu Zhengping recommended that Malaysian businesses
01:01target tourism, rehabilitation and medical tourism and education markets during CIIE
01:07to increase their chances of success.
01:09We would like to welcome more Malaysian companies to participate in the future editions of CIIE
01:15and we hope that we will be able to accommodate the ambitious numbers that you announced just
01:21now and I think we will work with you to facilitate more Malaysian business investment in China.
01:30He added that existing large trade markets between the two countries, such as natural
01:35rubber exports, would also provide viable opportunities.
01:39610,000 tons were exported to China, accounting for more than 65% of your total exports.
01:50Meanwhile, Associated Chinese Chambers of Commerce and Industry of Malaysia President
01:55Datuk Ng Yee Pin said it would allow more local businesses to participate in CIIE through
02:01the association's planned pavilion.
02:04As we look forward to CIIE 2025, I encourage more Malaysian businesses to join us at the
02:13ACC CIM Pavilion.
02:17It is not just an exhibition space, but a strategic gateway to connect the high-level
02:23buyers and establish lasting trade and investment partnerships.
02:28Malaysia External Trade Development Corporation Chief Executive Officer Datuk Muhammad Mustafa
02:34Abdul Aziz said CIIE would further boost trade between China and Malaysia, strengthening
02:40ties between the two countries.
02:43The CIIE is not just an exhibition, it is an essential platform that can help Malaysian
02:50businesses expand their reach into the vast Chinese market and beyond.
02:57Last year marked a significant milestone for Malaysia's trade performance.
03:03We recorded a total trade value of RM2.88 trillion, marking it the highest trade value
03:14in Malaysia's history.
03:15This is a testament to our country's economic resilience and strength during global uncertainties.
03:22The CIIE will be held at the National Exhibition and Convention Centre in Shanghai from November
03:275 to November 10.
03:29The Expo would feature a massive 360,000 square metres exhibition area that is expected
03:36to showcase products from thousands of businesses from around the world.