KUALA LUMPUR: It is important to continue implementing good policies and partnerships and to take steps to further improve them, says Datuk Seri Dr Wee Ka Siong.
Citing the Belt and Road Initiative (BRI), the MCA president said the bilateral relationship between Malaysia and China was closely related to the plan.
“Supporting the progress of BRI is an important manifestation of attaching importance to the relationship between Malaysia and China. “This is because BRI is not only about economic and trade cooperation, it is also related to political, diplomatic, educational, academic, tourism, national defence, regional security and other important aspects, from the high-level government to the daily lives of the people.
“It is a comprehensive development model built through strategic cooperation,” he said at the international conference on the New Phase of Malaysia-China Relations: Belt and Road Initiative and Resource Sharing for Mutual Benefit at Tunku Abdul Rahman University College (TAR UC).
Jointly organised by TAR UC and Shanghai Academy of Social Sciences (SASS), a total of 16 speakers presented their findings and papers related to the conference theme.
Also present were TAR UC Board of Governors chairman Datuk Seri Liow Tiong Lai, SASS CPC party secretary Dr Yu Xinhui and fellow Malaysian academicians.
Dr Wee noted that the country’s new political scenario had direct effects on Malaysia-China relationship, as it would impact the lives of the people in both countries, especially in Malaysia’s economy.
“The new government has implemented many different policies.
“However, the direction of the new foreign policy is still not clear, and at times confusing.
“By prioritising the interests of the country, all policies for the benefit of the people must be continuously strengthened,” he said, adding that major development projects, which benefit the people of both nations, should be promoted.
Dr Wee also said that some concerns in the industry and market should be addressed and dealt with properly.
“It has been constantly circulated that business is difficult to do, product sales are difficult and costs are rising.
“Most people believe that the trading situation between us and China is far less than before. They see export block and investment slowdown, including the recent sluggish export of palm oil.
“Even the industry’s sentiment was that ‘China does not buy Malaysian palm oil and the oil palm has no price’.
“This kind of personal experience and social perception is worthy of attention,” he said, adding that the conference was timely as scholars from both countries conducted rigorous analysis for trade prospects to develop.
With bread and butter being a topic of concern, Dr Wee said it was important to work together to further strengthen bilateral ties, resource sharing and mutual benefits.
“Malaysia and China are good neighbours, good friends and good partners. This long-standing relationship will not change easily,” he said.
Separately, Liow said TAR UC was actively building its own data pool, based on scientific research position and advantages, to develop the school into a technology university, focusing on science and technology.
“The world is changing rapidly. In this modern era of information technology, it is important for countries and enterprises to master the knowledge and capability in the collection and analysis of information to remain relevant and competitive.
“So we will invest more resources in the research and development in these areas,” he said.