CHINA’s rapid achievements in the last 70 years have earned world attention, especially after it implemented reform policies and opened up its economy, says the republic’s consul-general to Penang Lu Shiwei.
He said China had taken a big leap forward and emerged prosperous and strong.
China’s development has not only changed itself but also benefited the world.
“At present, China is the world’s largest industrial country, the largest cargo trading country, the country with the largest foreign exchange reserves and the second largest outbound investment country, ” he said in his speech at Hotel Equatorial Penang.
Lu was speaking at a reception to celebrate the 70th anniversary of the founding of the People’s Republic of China.
On the 45th anniversary of the establishment of diplomatic relations between China and Malaysia, Lu said both nations maintained stable and rapid development and have the most contented and dynamic partnerships in the region.
“China and Malaysia jointly built the Silk Road Economic Belt and the 21st century Maritime Silk Road, bringing tangible benefits to the people in both countries.
“China has been Malaysia’s largest trading partner for 10 consecutive years and the largest source of foreign investments in the manufacturing industry for three consecutive years.
“From January to July this year, the bilateral trade volume between China and Malaysia reached USD67.94bil (RM283.7bil), a year-on-year increase of 10.7%, ” he said.
Lu added that Penang and other northern states not only play an important role in politics, economy, culture and other areas, but also have a unique role in promoting friendly exchanges with China.
“We are positive and hopeful about the future of China-Malaysia relations.
“Year 2020 has been declared China-Malaysia Cultural Tourism Year.
“My office in Penang will continue working with friends in this region, focusing on development, strengthening friendships and promoting more fruitful endeavours that will benefit citizens in both nations, ” he said.
Chief Minister Chow Kon Yeow said China’s remarkable growth over the past 70 years had greatly enhanced its influence and stature in the global arena.
“Since 2010, China has emerged as the world’s second largest economy and the ‘Belt and Road Initiative’ in recent years has attracted global attention as a platform for international cooperation, “ he said.
“Malaysia and China enjoy a close friendship formed in 1974. It is based on beneficial cooperation in trade, cultural exchange, education and tourism.
“The deeply rooted links between Penang and China will be instrumental in the future.
“While Penang currently reaps temporary gains as part of the outcome of the trade war between China and the US, it remains my ardent wish that both sides can resume talks at the negotiation table in an effort to reduce uncertainties affecting the global market.
“At the same time, I am hopeful that relations between China and Malaysia, as well as Penang in particular, will be based on a win-win principle to meet the interests of all, ” said Chow.
Guests were treated to a sumptuous buffet spread and entertained by poetry recitals as well as dance and opera performances.
The diplomats and their families from the consulate, together with representatives from Chinese enterprises, later presented a song called A Hymn to My Country at the event.
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