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50 Top Chinese Companies to Drive Malaysia’s Economic Growth

KUALA LUMPUR: The secretariats of the China-ASEAN Expo (CAEXPO) and the Malaysia-China Summit 2024 (MCS 2024) formalised a strategic partnership during the recently-concluded CAEXPO in Nanning, China.

L-R: Qube Integrated General Manager Kevin Teo, Qube Integrated Malaysia Sdn Bhd Executive Chairman Richard Teo, MATRADE Deputy Director (Exports Promotion & Market Access Division, China and Northeast Asia Section) Nur Azni Aziz, Guangxi CAEXPO International Exhibition Co., Ltd. General Manager Tang Hai, and Guangxi CAEXPO International Exhibition Co., Ltd. Director of International Business Division Chen Zhuo.

This collaboration will bring nearly 50 prominent Chinese companies to MCS 2024 as exhibitors, significantly boosting the summit’s cross-border collaboration and business opportunities.

 

The cooperation was formalised between Guangxi CAEXPO International Exhibition Co., Ltd., representing the CAEXPO Secretariat, and Richard Teo, Executive Chairman of Qube Integrated Malaysia Sdn Bhd, representing MCS 2024, at MATRADE’s booth at the Malaysia Pavilion in CAEXPO.

 

Qube Integrated is organising MCS 2024 in association with the Malaysia External Trade Development Corporation (MATRADE) as part of the Ministry of Investment, Trade and Industry’s economic pillar programmes to commemorate the 50th anniversary of Malaysia-China bilateral ties.

 

Teo said the partnership represents a powerful alignment of two prestigious platforms which further amplifies the shared commitment of the two countries to strengthening trade across ASEAN and beyond.

 

“With nearly 50 companies joining MCS 2024 as exhibitors through CAEXPO’s extensive network, we are opening new doors for mutual growth and knowledge exchange,” he said, adding that this partnership marks a promising start for even more collaborations at MCS 2024.

 

MCS 2024 will take place from 17–19 December 2024 at the Malaysia International Trade and Exhibition Centre (MITEC), showcasing over 500 exhibitors from Malaysia, China, and ASEAN, and drawing 10,000 trade delegates. The summit will feature a Trade and Investment Expo alongside a high-level Leadership Conference, complemented by various side events and industry forums.

 

With the theme “Prosperity Beyond 50,” MCS 2024 will be centred around five key thematic pillars: Future Knowledge and Experience, Future Opportunity, Future Tech, Future Growth, and Future Mobility.

 

Teo highlighted that the strategic collaboration reflects the deepening bilateral ties adding, “CAEXPO has long been recognised as a prestigious platform for driving trade and investment exchanges between China and ASEAN, including Malaysia.

 

“By bringing companies from CAEXPO to the Malaysia-China Summit, we strengthen our collective efforts to foster innovation, investment, and economic growth.”

 

He noted that the participation of China companies demonstrates the strong interest of the enterprises in exploring opportunities with Malaysia. “Their presence at the summit will enrich the trade and investment landscape, providing invaluable insights and fostering collaborations that contribute to the prosperity of our regional economy.”

 

Teo further emphasised MCS 2024’s role as a premier platform for cross-border business exchange, adding that with a large contingent of exhibitors from China and ASEAN, “it’s an incredible opportunity for Malaysian businesses to engage with enterprises from across the region, building lasting connections that will enhance their growth.”

 

Recently, the MCS 2024 secretariat also announced the participation of some 500-strong China companies under a partnership with the Malaysian Chamber of Commerce and Industry in China (MAYCHAM China).

 

This year’s CAEXPO was held from 24 to 28 September 2024 where Malaysia was the country of honour. Malaysia’s presence was led by MATRADE with 150 organisations, 12 government ministries, and various private sector participants.

 

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