China-ASEAN Expo continues to bear fruit for Malaysia's economy: official

Xinhua
03 Oct 2023, 02:05 GMT+10

KUALA LUMPUR, Oct. 2 (Xinhua) -- Malaysia continues to benefit greatly from its economic engagement with China via the China-ASEAN Expo (CAEXPO), an official said on Monday.

China remains Malaysia's largest and most important trade partner, Malaysia External Trade Development Corporation (MATRADE) chief executive officer Mohd Mustafa Abdul Aziz said in a statement after the country's successful participation in the expo.

"Malaysia's participation in CAEXPO has secured significant value of export sales and business partnerships," he said.

"The continued sourcing by the Chinese buyers demonstrates the quality, resilience and competitiveness of Malaysian products and services, rolling on the growth momentum of the trade dealings between Malaysia and China in CAEXPO for the past 20 years," he added.

The official said that MATRADE will continue focusing on enhancing the close engagement with Chinese business communities to drive export to China.

Malaysia sent 107 Malaysian companies and nine government agencies to the 20th China-ASEAN Expo held from September 16 to 19 in Nanning, capital of south China's Guangxi Zhuang Autonomous Region.

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