(From left) Global Chinese Economic Technology Summit co-founder and patron Tan Sri Lee Kim Yew; Malaysia-China (Greater Bay Area) Science-Tech Innovation Alliance chairman Stephen Lai; Hong Kong's Bishop Dennis Ng Victory Ministries Foundation chairman Dr Geoffrey Chow, who is also founder and chief strategist at the New Silk Roads World Forum and founder of the New Silk Roads Global Institute (NSRGI) in Australia; Chinese Information and Advice Centre (CIAC) chair Edmond Yeo; and Institute of Strategic Analysis Policy Research (Insap) director Woon King Chai at the summit. —LOW LAY PHON/The Star
KUALA LUMPUR: The global Chinese diaspora is set to play a key role in shaping the economic future of Malaysia, China and Asean, according to the Institute of Strategic Analysis and Policy Research (Insap).
The institute highlighted the diaspora’s influence following the Global Chinese Economic and Technology Summit (GCET) 2025, held at Wisma MCA on Nov 19 and co-organised by Insap, KSI Strategic Institute for Asia Pacific (KSI) and the China Development Institute (CDI).
Over four plenary sessions, discussions showed the diaspora consistently acts as a central force driving investment, technology adoption, supply chain links and people-to-people connectivity.
The summit brought together senior policymakers, industry leaders, international scholars and diaspora representatives from across the region.
Insap director Woon King Chai, who was the moderator of the plenary on the diaspora’s role in investment and innovation, said Malaysia’s strength lies not in its size but in its connectivity.
He noted that MCA has, for decades, served as a political, cultural and institutional home for overseas Chinese engagement, welcoming countless delegations, dialogues and diaspora-linked initiatives.
“As mainland Chinese companies increasingly seek reliable partners abroad, MCA’s historical role becomes even more relevant,” Woon said in a statement Wednesday (Nov 19).
He added that diaspora relationships will also support Malaysia and Asean in areas such as ACFTA 3.0, RCEP utilisation and labour-market modernisation.
Insap will compile a follow-up report to translate the summit’s discussions into policy recommendations and pilot collaborations.
These will focus on diaspora-linked investment corridors, talent mobility pathways and technology partnerships to support Malaysia’s goal of becoming a regional hub for digital and green industries.
“The Chinese diaspora is not merely a community, but a global economic ecosystem. By championing diaspora engagement and building predictable pathways for collaboration, Malaysia can lead in forging an Asean that is more innovative, connected and resilient,” Woon said.
Reflecting on Malaysia’s current chairmanship of Asean, the summit also reinforced the country’s role as a strategic connector between China and the region.
Chinese Malaysians have long acted as a bridge linking cultures, markets and investment flows, making Malaysia a natural hub for diaspora engagement.
The summit showed that diaspora engagement is more than an academic discussion. It is a practical strategy for navigating shifting supply chains, high-value industrial transitions and global uncertainties.
Insap thanked all speakers, delegates and partners who contributed to the summit, saying GCET 2025 marked an important step in strengthening China-Asean cooperation through the enduring influence of diaspora networks and supporting institutions.
