China is Malaysia largest trading partner
About the establishment of the FTA on the impact of economic and trade relations in Malaysia, Iskandar Dasa Rudin said: "The ASEAN-China free trade agreement is a big leap in full implementation. Malaysia and China have maintained close bilateral long-term relations, especially in trade, investment, tourism, education, cultural and economic cooperation. Free Trade Agreement fully implemented, the advantages of cooperation between the two countries will further strengthen. "
Iskandar Dasa Rudin introduction, Malaysia and China's trade relations have maintained sound development. In 2009, Malaysia's total trade with China was 51.838 billion U.S. dollars, accounting for China and 2.3% of total global trade. Since 2009, China has become the Malaysia's largest trading partner and second largest export destination and the largest source of imports. For China, Malaysia is China's 8th largest trading partner, as an export destination, Malaysia ranked 14th; as a source of imports, ranked No. 7.
"The Chinese market is huge, huge potential in Malaysia can benefit from. I firmly believe that bilateral trade between Malaysia and the development prospect. Meanwhile, Malaysia's product manufacturing is booming, and I encourage more Chinese entrepreneurs to Malaysia as a source of imports. "Iskandar Dasa Rudin said.
5 founding members of ASEAN, Malaysia was the first to formally establish diplomatic relations with China the country. Speaking in Malaysia, the relationship between China and ASEAN's role, Iskandar Dasa Rudin said: "Malaysia has been and will continue to play in strengthening ASEAN's norms, rules and mechanisms for building the positive role. We that the strengthening of relations between ASEAN and China depends on close contact. "
Iskandar Dasa Rudin that maximize the China - ASEAN Free Trade Area is crucial. China to strengthen assistance to ASEAN SMEs, will help mitigate the business sector in Malaysia after the completion of the FTA have concerns.
Malaysia will continue to strengthen cooperation with China's economic and civil exchanges. In tourism, beautiful beaches, islands, forests and a long history of Malaysia will continue to attract more Chinese tourists.
During the interview, Iskandar Dasa Rudin especially in Hanoi, Vietnam last October at the thirteenth meeting of the leaders of China and ASEAN, Premier Wen Jiabao made on behalf of China "always be willing to work with ASEAN countries good neighbor "expressed appreciation for the commitment. Iskandar Dasa Rudin stressed: "We do not accept the so-called China's growth and strength to the argument that pose a threat to Southeast Asia. Malaysia's position is that such an important strategy in Southeast Asia regions, all countries, regardless of size, are required to comply with established rules and abide by our shared coordination mechanism. Malaysia in strengthening the close relations between China and ASEAN to play a strategic role, it is precisely from this position. "
Chinese companies investment opportunities in Malaysia
For Malaysia's investment environment and investment priorities, Iskandar Dasa Rudin introduced in 2010, the first 3 quarters, China's total investment in Malaysia has reached 283 million. Which in the manufacturing sector, China's investment in the contract amount in Malaysia last year, the first 9 months of 156 million.
He said that Malaysia will continue to provide a wide range of investment opportunities in the field. The Chinese enterprises, including the general metal products, auto parts, machinery and engineering equipment, engineering support, medical equipment, health products (wholesale products), pharmaceutical products, chemical products, halal food, solar related components and equipment, and alternative energy sources and many other areas The investments will have great potential. In the service sector, Chinese companies can actively consider up regional offices in Malaysia. Malaysia is also available in the construction, health care, education services and tourism investment opportunities.
In addition, the China Banking Regulatory Commission in June last year confirmed that Malaysia is China's first qualified domestic institutional investors in 11 investment destinations (china electronics). China's fund managers, securities firms and financial institutions can now use the program to explore