Anwar: Malaysia finalising measures to protect MSMEs from foreign e-commerce
HANGZHOU, Sept 25 — The MADANI government is finalising follow-up measures to address the concerns of local micro,...
Prime Minister Anwar Ibrahim announced that Malaysia is finalising measures to protect local micro, small and medium enterprises (MSMEs) from the competitive pressure of foreign e-commerce platforms. This came after discussions with Chinese leaders and business meetings during his working visit to China. The measures are expected to be a priority in the upcoming Cabinet Meeting.
Prime Minister Anwar praised Premier Li Qiang's commitment to safeguarding local MSMEs and highlighted assurances from giant companies like Alibaba. Additionally, the MADANI Diplomacy Mission in Shanghai and Hangzhou recorded potential investments worth RM28.6 billion, primarily in high-impact sectors including semiconductors, artificial intelligence, robotics, electric vehicles, battery materials, advanced optics, biotechnology, and advanced manufacturing.
The country also recorded potential exports to China worth RM8.2 billion over the next one to three years. The visit aimed to expose Malaysia to new technologies and AI applications, and strengthen Malaysia-China friendship and diversified cooperation.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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