Business

China to back New Industrial Master Plan 2030: PM

Datuk Seri Anwar Ibrahim says superpower supportive of proposed Asian Monetary Fund

Updated 3 years ago · Published on 17 Sep 2023 9:54PM

China to back New Industrial Master Plan 2030: PM
Datuk Seri Anwar Ibrahim says China has a positive view of Malaysia’s professionals, engineers, technicians and information technology specialists, especially in terms of their performance, dedication and discipline. – Bernama pic, September 17, 2023

NANNING – China will support the government's efforts to ensure that the New Industrial Master Plan 2030 (NIMP 2030) would be a success, said Prime Minister Datuk Seri Anwar Ibrahim.

Anwar, who is also finance minister, said China is supportive of the proposed Asian Monetary Fund (AMF) in terms of being the region’s lender of last resort in the event of a financial crisis.

“Chinese leaders have high regards for and support Malaysia Madani and the AMF,” he said after meeting Chinese Premier Li Qiang today.

Anwar said this in today’s press pointers issued today in conjunction with his working visit to attend the 20th China-Asean Expo.

The prime minister said there is significant potential for Asean-Plus 3 countries, which includes China, to work towards the ideals envisioned under the AMF that was proposed after the Asian Financial Crisis.

“Establishing the AMF – while ambitious – is an endeavour worth pursuing to secure the economic and financial stability in the region,” he said. 

Meanwhile, during the press conference, Anwar said that with Li’s support, Chinese companies are now more actively investing in Malaysia, with emphasis on training, particularly in terms of upskilling.

He said China has a positive view of Malaysia’s professionals, engineers, technicians and information technology specialists, especially in terms of their performance, dedication and discipline.

However, he noted that there is a lack of upskilling at the highest levels.

“Therefore, in all discussions with Chinese companies such as the China Communications Construction Company (the contractor for the East Coast Rail Link), Geely and Huawei, I have emphasised the need to increase research efforts in Malaysia as well as special training for Malaysians,” he added. – Bernama, September 17, 2023

Related News

Malaysia / 2w

PM Anwar loses beloved elder brother; Idrus Ibrahim passes away

Malaysia / 3w

Anwar asks Loke to reconsider resignation over Najib pardon

Opinion / 1mth

Foreign influence, covert activities within Malaysian politics and society

Malaysia / 1mth

Jokowi calls on global institutions to meet  needs growing, interconnected world

Business / 1mth

Malaysia must give investors clearer exits to unlock ASEAN capital

Opinion / 1mth

Merdeka: This is our Malaysia – and you will not take it from us

Spotlight

Malaysia

Man kidnapped, tortured, and killed following misunderstanding

Malaysia

'I will never forget taxi drivers who backed me in my hardest times' - PM Anwar

Malaysia

Najib fails to secure stay of 15-year jail term, RM11.38b fine in 1MDB case

Malaysia

Ivana Smit’s mother considers Federal Court appeal after RM1.1m award overturned

Education

Schools in Negeri Sembilan, Melaka to reopen tomorrow as haze conditions improve

Malaysia

Zara Qairina inquest: Investigating officer says final findings showed no suspicious circumstances

Malaysia

Man jailed 8½ years for abusing three-year-old boy, forcing the child to eat faeces

World

Pope Leo XIV diagnosed with lung cancer after successful surgery

Malaysia

More than 3,000 Myanmar refugees set for repatriation after Malaysia secures breakthrough

You may be interested

Business

SC plans new co-investment fund in 2027 to unlock growth capital for Malaysian businesses

Business

SC targets stronger board oversight through higher standards for company secretaries

Business

Oil prices rise as Gulf attacks threaten supply recovery

Business

Oil prices stay above US$93 as Middle East tensions put pressure on ringgit