KUALA LUMPUR, Feb 23 – The China Entrepreneurs Association in Malaysia (PUCM) is to organise three events in May to commemorate the 50th anniversary of the establishment of Malaysia-China diplomatic relations.

They are a China Smart Industry and Culture Trade Expo (CSITE 2024), an anniversary dinner and the publication of a commemorative book, said PUCM President Datuk Keith Li.

The CSITE 2024 launch ceremony was officiated by Science, Technology and Innovation Minister Chang Lih Kang, along with Minister of the Chinese Embassy in Malaysia Zheng Xuefang.

Chang said many Chinese companies have recently invested in Malaysia, such as the East Coast Rail Link and the Automotive Hi-Tech Valley, which has opened many opportunities for Malaysians.

Additionally, it strengthens cooperation and enables the transfer of new technologies and expertise, he said.

“The Malaysian government is committed to developing a green and low-carbon industry. Given that areas like renewable energy generation and electric vehicles have rapidly developed in China, investments by Chinese companies in these areas in Malaysia are greatly welcomed to help reduce global carbon emissions.

“Malaysia projects its digital economy to contribute 25.5 per cent to the Gross Domestic Product (GDP) by 2025. It is hoped that more Chinese companies in artificial intelligence, data centres and cloud computing can invest in Malaysia, which can become a hub for foreign investors to expand their businesses in Southeast Asia and Asia,” Chang said.

Zheng Xuefang said that since its establishment eight years ago, PUCM has guided Chinese entrepreneurs to interact respectfully and always fulfill their social responsibilities through charitable activities besides showcasing a positive image and style praised by all sectors of society.

PUCM, in collaboration with the ‘Malaysia-China Insight’ portal, provides comprehensive information about Malaysia-China friendship and aids in enhancing bilateral cooperation between Malaysia and China.

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