Malaysia and China commemorate their 50th Golden Jubilee of diplomatic relations, highlighting decades of deepening economic, cultural, and educational cooperation. Premier Li Qiang’s visit is expected to further solidify these ties and promote mutual growth.
18 June 2024 – As Malaysia and China prepare to celebrate the 50th Golden Jubilee of their diplomatic relations, both nations reflect on a history of deepening mutual trust and fruitful cooperation. Since establishing diplomatic ties, Malaysia-China relations have flourished, notably through high-quality collaborations under the Belt and Road Initiative (BRI), which has significantly boosted socio-economic development and regional connectivity.
Economic cooperation remains a cornerstone of this partnership. In 2023, bilateral trade volume between Malaysia and China soared to USD 190 billion. According to the Malaysia External Trade Development Corporation (MATRADE), Malaysia’s total trade with China increased by 3.3% year-on-year in the first quarter of 2023, reaching over RM112 billion. Electrical and electronic products dominate Malaysia’s exports to China. For 15 consecutive years, China has held the title of Malaysia’s largest trading partner, with substantial Chinese investments in solar panel manufacturing, electric vehicles, and the digital economy.
The Belt and Road Initiative has catalyzed significant projects, including the Malaysia-China East Coast Railway, the Malaysia-China Kuantan Industrial Park, and the Sabah Gas Transportation Pipeline. These ventures have enhanced regional connectivity and economic integration. Over the past decade, the BRI has expanded its focus from traditional infrastructure to initiatives like the “Green Silk Road” and the “Digital Silk Road,” emphasizing innovation and technological advancement to propel countries like Malaysia into the digital age.
Cultural and humanistic exchanges have also thrived. The recent introduction of visa-free entry policies has facilitated travel and tourism, with Tourism Malaysia’s Director General Manoharan Periasamy optimistic about attracting over 5 million Chinese tourists. This visa waiver is expected to invigorate the tourism industry, boost trade, and enhance cultural interactions, laying the groundwork for closer cooperation in education, science, technology, and healthcare.
Educational collaboration has seen significant strides, with Malaysian universities and Tsinghua University deepening their partnership. Xiamen University’s campus in Sepang District, Selangor, exemplifies the robust educational exchanges. Malaysia has become a favored destination for Chinese students pursuing higher education, fostering mutual understanding and collaboration.
Premier Li Qiang’s upcoming visit to Malaysia is anticipated to further deepen bilateral cooperation across various sectors, reinforcing the strategic partnership. Advocating Asian values of peace, cooperation, inclusiveness, and integration, both countries have contributed significantly to regional stability and prosperity.
As Malaysia and China celebrate this milestone, they look forward to a future of enhanced collaboration and mutual growth, building on the successes of the past 50 years.
