Saturday, April 30, 2011

Malaysia-China Bilateral Ties

Chinese Prime Minister Wen Jiabao arrived Malaysia in the afternoon of Wednesday 27 April and began his two-day official visit to Malaysia; with the expectation to push forward Malaysia and China's bilateral cooperation in economic and education, and to promote the friendly exchanges between the people of both countries, thus helping to create a new chapter in the Malaysia-China bilateral ties.
Malaysia established formal diplomatic ties with China 37 years ago. The mutual bilateral exchanges and visits between the government officials and people from both countries have since then maintained a steady growth. Over the years, both countries have also expanded bilateral cooperation in the fields of economy, culture and education. Such development has allowed the relationship between Malaysia and China to become even more stable and robust and thus reaping mutually beneficial mutually advantageous results and gains.
Mutual Benefit, Gain
This is Prime Minister Wen Jiabao's second visit to Malaysia. During Wen's official visit to Malaysia, Wen will hold talk with Malaysian Prime Minister Datuk Seri Najib Razak and Deputy Prime Minister Tan Sri Muhyiddin Yassin, respectively. He will also witness the signing of the Framework Agreement to Facilitate Mutual Recognition in Academic Higher Education Qualifications Between Malaysia and China. He will also witness the signing of an agreement to expand and deepen economic and trade cooperation between the two countries, among others. The signing of these agreements has highlighted the fact that the Chinese Government has attached great importance to its bilateral ties with Malaysia.
Although Wen Jiabao has a very tight visiting schedule, Wen has nevertheless led a Chinese business enterprise delegation to Malaysia to engage dialogue with the Malaysian business enterprises to explore investment and trade cooperation opportunities with Malaysian counterparts in Malaysia. This economic and business enterprise dialogue held during Wen Jiabao's visit to Malaysia can play an important role in strengthening Chinese business enterprises' investment in Malaysia and in pushing forward Malaysia's economic development.
Since China's reforms and opening up have already gained outstanding results and its economic achievement has the tendency to overtake the United States and become the world's largest economy; the further advancement of Malaysia-China trade relationship to a higher level should allow both countries to reap win-win beneficial results. The people from both countries can also gain benefits through the economic growth of both nations.
Creating Business Opportunities
In addition to strengthening the bilateral economic and trade cooperation between Malaysia and China through the visit of Wen Jiabao, the two countries can also strengthen cooperation in higher education, particularly in the mutual recognition of university degrees.

The bilateral cooperation in higher education can lead to the increase of student exchange volume between the students from both nations the cooperation in higher education can also avoid the loss of national talents, and thus create business opportunities in many sectors. Through mutual recognition of university degrees, Malaysia and China can take a further step in the strengthening of academic exchanges between the two countries.
Impact on Regional Stability
Chinese Prime Minister Wen Jiabao's visit to Malaysia is an important event in the Malaysia-China diplomatic history. Wen Jiabao's visit to Malaysia can also bring positive impact on regional stability and regional development. Wen Jiabao's visit can also create new business and trade cooperation opportunities and promises to Malaysia and China. Malaysians at large hope that this round of Wen Jiabao's visit to Malaysia can bring more mutually beneficial good news to both Malaysia and China.

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