Anwar wraps China visit with RM36.8b in trade, investment pledges

Malaysia Prime Minister Anwar Ibrahim concluded a three-day working visit to China with agreements totaling RM36.8 billion in trade and investment. The strategic visit to Shanghai and Hangzhou marked a significant step in strengthening bilateral ties between the two nations. Prime Minister Anwar, who also serves as the Finance Minister, highlighted that the relationship between Malaysia and China had grown beyond traditional diplomatic frameworks, based on mutual trust and confidence.

During the visit, Anwar discussed potential investment opportunities worth RM28.6 billion from Chinese companies, including leading firms like ZTE Corporation, Alibaba Group, Geely Automobile Holdings, and Huawei Technologies. These investments underscore Malaysia's appeal as a strategic partner in high-value economic sectors, such as semiconductors, artificial intelligence, robotics, electric vehicles, battery materials, advanced optics, biotechnology, and advanced manufacturing.

Additionally, the visit resulted in a potential export market for Malaysia worth RM8.2 billion over one to three years. The Prime Minister emphasized the importance of skills development and the digital economy in fostering economic prosperity for both countries. Malaysia's active participation in China's WorldSkills Shanghai 2026 and the Fifth Global Digital Trade Expo (GDTE) further exemplified the country's commitment to collaboration and innovation in the digital age.