PETALING JAYA: Closer diplomatic ties between Malaysia and China could pave the way for developing the local digital economy as the government pushes for digitalisation, says Datuk Seri Dr Wee Ka Siong.
The MCA president said Malaysia was already well positioned to tap into unique opportunities and advantages for growing the local digital economy through our close ties with China.
“China’s digital economy is highly competitive on the international stage in terms of technological innovation, digital product marketing, and digital services.
“This is because it is supported by a comprehensive ecosystem and a vast consumer base.
“The digital economy has contributed more than 40% to China’s GDP, with the market value of digital products and service imports and exports exceeding RMB1.5 trillion,” Dr Wee said in a Facebook post on Thursday (Sep 25).
The Ayer Hitam MP added that the government, which is prioritising the development of the digital economy under the Digital Economy Blueprint (MyDigital), and local businesses should look towards China as an example of a successful digital economy.
To this, Dr Wee said he is hoping to promote Malaysia’s digital industry and learn about China’s digital economy as he attends the opening of the 4th Global Digital Trade Expo (GDTE) in Hangzhou, China.
The GDTE, held over four days from Sep 25 to 28, will also see Dr Wee deliver a special address at the Conference on Digital Empowerment in Green Industry Development (Digital City).
“I will focus on the growth of the nation’s digital industry as well as the Johor-Singapore Special Economic Zone (JS-SEZ), scheduled for Sep 26.
“The rapid expansion of the digital industry has become a key driving force in developing the national economy,” he said.
