Insap Chairman Datuk Dr Pamela Yong and RDCY dean Professor Dr Wang Wen exchanging the signed MOU witnessed by MCA president Datuk Seri Ir Dr Wee Ka Siong and Embassy of the People’s Republic of China education counsellor Zhao Changtao.
PETALING JAYA: Independent think tank Insap and the Chongyang Institute for Financial Studies of Renmin University of China (RDCY) have announced a significant strategic cooperation aimed at enhancing collaboration in policy research.
A memorandum of understanding (MOU) was signed between the Institute of Strategic Analysis and Policy Research (Insap) and RDCY. This agreement would promote advancement in the education sector and technological and skills transfer between the topic experts in Malaysia and China.
MCA president Datuk Seri Dr Wee Ka Siong and Embassy of the People’s Republic of China education counsellor Zhao Changtao witnessed the signing.
Insap chairman Datuk Dr Pamela Yong said that under the agreement, both parties will deepen cooperation on political, economic, and international relations issues while promoting the think tank’s work.
“Moving forward, the two institutions plan to conduct joint studies on constructive policies, economic and trade cooperation, and cultural exchanges through seminars, forums, dialogues and publications as part of knowledge sharing,” she said.
Dr Pamela added that Insap is proud to be selected as RDCY’s partner in Malaysia, and this cooperation complements Insap’s existing network of local and international partners of think tanks and academic institutions.
“This drives broader dialogues and collaboration across various sectors, providing policy support and strategic insights for governments, businesses and society.
“Insap also looks forward to developing robust discussions and policy recommendations for Malaysia based on evidence and best practices here and abroad,” she said.
RDCY dean Professor Dr Wang Wen said that the cooperation would open up greater opportunities for the institution to share their research findings and economic development policies with partners and policymakers in Malaysia, including exploring academic cooperation on relevant topics.
“Among the key areas of cooperation are renewable energy, digital economy and infrastructure, artificial intelligence and the promotion of high-impact manufacturing.
“Additionally, both sides will support academic institutions and young talent exchanges through joint research programs and training initiatives, fostering public policy and international relations studies,” he said.
RDCY is one of the premier academic centres and think tanks in China and has established cooperation with major think tanks in more than 40 countries.
It has undertaken related dialogues and research work in more than 20 countries, including the United States, Brazil, and the United Kingdom.
Established in 2013 under Renmin University, RDCY consists of seven departments and operates four research centres (the Center for Eco-Financial Studies, Global Governance Research Center, China-US People-to-People Exchange Research Center, and China-Russia People-to-People Exchange Research Center).
RDCY is recognised for its research work in the fields of financial development, global governance, great power relations and macro policies.
The RDCY delegation was in Malaysia to attend the “The Future of the Belt and Road Initiative and Regional Cooperation: Global Opportunities, ASEAN Connectivity, and Innovative Pathways” forum co-organized by Universiti Tunku Abdul Rahman (UTAR) and RDCY, which was held at the university.
