Chinese premier calls for expanded bilateral trade with Malaysia

08:35, April 29, 2011      

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Chinese Premier Wen Jiabao on Thursday expressed the hope that his country and Malaysia would expand bilateral trade, increase mutual investments and strengthen cooperation in infrastructure, education and finance.

Addressing a forum on bilateral trade and investment in Kuala Lumpur, Wen said he hoped that China and Malaysia would join hands and take full advantage of the free trade agreement between China and the Association of Southeast Asian Nations (ASEAN) to promote trade.

During Wen's visit, China and Malaysia signed a number of documents including an agreement on stepping up economic and trade cooperation.

Wen told the forum that these documents have laid the framework for bilateral cooperation under new circumstances.

He also urged the two nations to better cooperate in building roads, bridges, ports and power plants, as well as in finance, education, science and technology, and youth exchange programs.

China and Malaysia are trustworthy friends and reliable partners, said Wen, adding that the two peoples would benefit more from an ever growing bilateral relationship.

China's newly adopted 12th five-year plan for national socioeconomic development, which vows to unswervingly push forward China's opening up policy, will bring huge business opportunities to enterprises of various countries in the world, including those in Malaysia, Wen said.

China's development provides opportunities to Malaysia, its other neighbors and the whole world, and will not pose challenges or threats to them, he stressed.

The Chinese premier believed the two countries, through joint efforts, would further promote traditional China-Malaysia friendship and make greater achievements in their mutually beneficial cooperation in various fields.

Calling China a trustworthy and respectable friend and partner for cooperation, Malaysian Prime Minister Najib Razak said his country views China's development as an opportunity rather than a threat, and is committed to boosting friendly cooperation with China.

Wen's visit will definitely enhance bilateral cooperation in various fields and will contribute to promoting Malaysia's social and economic development, he said.

Malaysia is ready to further its cooperation with China on the basis of a win-win situation and mutual benefit, by taking full advantage of the Malaysia-China cooperation mechanism and the ASEAN-China free trade agreement, he added.

Wen arrived here Wednesday for a two-day official visit. He is scheduled to visit Indonesia afterward.

Source: Xinhua
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