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 / 1w

PM Anwar loses beloved elder brother; Idrus Ibrahim passes away

Malaysia / 1w

Anwar asks Loke to reconsider resignation over Najib pardon

Opinion / 3w

Foreign influence, covert activities within Malaysian politics and society

Malaysia / 3w

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

Business / 4w

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

Diary

Penang reaffirms commitment to preserve heritage sites across the state

By Ian McIntyre

Opinion

AI: A Godsend for those with dyslexia in education and careers

Malaysia

Malaysia prepares for aged nation status by 2036

Malaysia

Mentally disabled suspect remanded for 7 days over fatal hammer attack in Marang

Malaysia

Masidi urges Putrajaya to address Sabah doctor shortage in upcoming Budget 2027

Malaysia

Police rearrest motivational speaker as second woman files harassment report in Perlis

Malaysia

Anwar vows zero compromise on school safety after alleged murder of teen Irene Sofiya

Malaysia

Classmates arrested as police probe fatal assault of 16-year-old Irene Sofiya

Malaysia

Loneliness, social media drive elderly pensions into hands of cyber scammers

Malaysia

Another desperate attempt by Nadzaruddin and former Undangs

You may be interested

Business

Local contractors offered RM12.7 million ECRL facilities management packages

Business

Oil and fuel prices fall as G7 nations agree to historic emergency stock release