Prime Minister of Malaysia: China is an important economic partner of Malaysia

Malaysian Prime Minister Anwar said in his keynote speech at the 2023 "Investment in Malasia" Forum held in Kuala Lumpur on the 8th that China is a key engine for promoting economic growth and an important economic partner of Malaysia.

Anwar pointed out that the global economy will still face challenges such as slowing growth and inflation in 2023. China is a key economic engine and an important economic partner of Malaysia.

According to the report released by the Malaysian Investment and Development Authority on the 8th, China will be the largest source of foreign investment in Malaysia in 2022. Malaysia has approved a total of 163.3 billion ringgit (US $4.43 billion) of foreign direct investment, and the amount of investment from China will reach 55.4 billion ringgit, accounting for 33.9%.

According to China's statistics, the bilateral trade volume between China and Malaysia in 2022 was US $203.6 billion, up 15.3% year on year. China has become Malaysia's largest trading partner for 14 consecutive years.

"Investing in Malaysia" is an important annual economic forum in Malaysia. Anwar stressed at the forum that Malaysia will maintain an open economic policy, adapt to new changes, seize new opportunities and promote inclusive and sustainable economic development.