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Malaysian Business Delegation Visits Xixian New Area to Promote China-Malaysia Economic Cooperation

Jun 27, 2024 / ANC Editorial
China Malaysia Business Cooperation Economy

Pic: Participants from China and Malaysia.

Xixian New Area, China, 27/06/2024 (Asia News Channels) - Organized by the Malaysia GUOANN Digital Platform (GUOANN.com) and prepared by the Xi'an-Xianyang New Area Administrative Committee and the Xi'an Xixian New Area Bureau of Science and Technology Innovation and New Economy, a Malaysian business delegation arrived in Xixian New Area on June 26. The event, themed "50 Years of China-Malaysia Cooperation: Xi'an Drawing the Future," aims to enhance collaboration in technology innovation and the new economy between China and Malaysia, promoting deep integration and development of businesses from both countries.

Participants from China included representatives from the Xi'an-Xianyang New Area Administrative Committee, Xixian New Area Administrative Committee, and Qinchuangyuan Related Business Representatives (Organization and Human Resources Department, Economic Development Department, Investment Evaluation Office, Investment Department 1, Investment Department 2) among others. 

Malaysian participants included GUOANN.com, Foodicious Sdn Bhd, Nanyang Biotechnology Sdn Bhd, Meizhou City Nanyang Biotechnology Co., Ltd, Bishan & Partners, Micana Innovation Sdn Bhd, YANG SHEN TANG (M) SDN BHD, RECP EduCap, Ipin Berhad and Asia News Channels.


Pic: Sharing Session during event.

During the event, GUOANN.com’s President Mr. Teo Kok Ann shared cases of GUOANN.com’s involvement in promoting the Belt and Road Initiative, highlighting its vast overseas market opportunities for Chinese companies and the development prospects for countries along the route. Additionally, a representative from the Xixian New Area Free Trade Office explained the far-reaching impact of the Regional Comprehensive Economic Partnership (RCEP) on regional economic cooperation, emphasizing the unprecedented opportunities it offers for China and Malaysia businesses, facilitating the integration of goods, services, and capital flows, and promoting mutual benefits.

The event also saw the signing of three significant cooperation agreements:


Pic: Xi'an Xixian New Area Bureau of Science and Technology Innovation and Xi'an International Studies University signed agreement.

Xi'an Xixian New Area Bureau of Science and Technology Innovation and Xi'an International Studies University:
This agreement marks the integration of technology and education, promising the emergence of more high-tech talents to invigorate China-Malaysia technological cooperation.


Pic: Guo Peng from Xixian New Area and Mr. Teo Kok Ann from GUOANN.com

Xixian New Area and GUOANN Dot Com Berhad:
This agreement marks a new level of cooperation in technology innovation and the new economy for Xixian New Area, laying a solid foundation for future development.



Pic: (From left) Guo Peng, Edmund Tan from Asia News Channels , Wu Yong from Xi'an Zhengxin Enterprise Management Co., Ltd. and Wang Bin.

Xi'an Zhengxin Enterprise Management Co., Ltd. and Asia News Channels: 
This agreement represents a new beginning for Chinese companies entering the Southeast Asian market, providing insights into the market and creating more business opportunities to drive internationalization.


Pic: Cheng Xue Qiao from Shaanxi Zhongwei Cloud Innovation Operation Service Co., Ltd. and Beh Kewi Hok from Nanyang Biotechnology Sdn Bhd.

Shaanxi Zhongwei Cloud Innovation Operation Service Co., Ltd. and Nanyang Biotechnology Sdn Bhd:
This strategic cooperation agreement on the export of edible bird's nests, a Malaysian specialty, demonstrates the deep mutual recognition and common development vision of businesses from both countries, enhancing corporate communication and exchange.

As China-Malaysia economic relations continue to deepen, both governments are actively implementing policies to encourage businesses to "go global." Through the Belt and Road Initiative, China provides financial, policy, and infrastructure support to help businesses explore overseas markets. Meanwhile, Malaysia and other Southeast Asian countries have established open investment policies and tax incentives under the RCEP, simplifying administrative procedures to create a conducive business environment for foreign enterprises and promote domestic economic development.

This event not only strengthened business exchanges and cooperation between China and Malaysia but also laid a solid foundation for future projects. The cooperation in technology innovation and the new economy between the two countries is expected to deepen, injecting new momentum into their development.


-- ASIA NEWS CHANNELS


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