Two-way trade between Malaysia and China reached $131.84 billion (RM554.91 billion) for the first eight months of this year, marking strong momentum at the start of the ‘Golden 50 Years’ of bilateral relations.
Chinese Ambassador to Malaysia Ouyang Yujing described the figures as evidence of increasingly vibrant cooperation at a reception in conjunction with the 76th anniversary of the founding of the People’s Republic of China yesterday.
He also called on China and Malaysia to continue to strengthen friendly relations, deepen strategic communication, expand practical cooperation and bring more benefits to the peoples of both countries.
A series of high-profile visits by leaders of both countries has given strong impetus to the development of a China-Malaysia community united by a shared future.
Last April, President Xi Jinping visited Malaysia and the two countries agreed to build a China-Malaysia strategic community, thus strengthening bilateral relations to a higher level.
Prime Minister Li Qiang also visited Malaysia to attend the ASEAN-GCC-China Summit in May.
Prime Minister Datuk Seri Anwar Ibrahim also visited China early last month to attend the Shanghai Cooperation Organisation (SCO) Plus 2025 Summit, and to join the Victory Day parade in conjunction with the 80th anniversary of the end of World War II at Tiananmen Square, Beijing.
The ceremony was also attended by Transport Minister Anthony Loke and Ouyang, along with other ministers, diplomats, political leaders, diaspora, Chinese company representatives and international students in Malaysia to celebrate the success and friendly relations between the two countries.
In 2024, Malaysia and China celebrate 50 years of diplomatic relations, with China remaining Malaysia's largest trading partner since 2009.
The two countries' total trade was worth RM484.12 billion in 2024, representing 16.8% of Malaysia's total global trade of RM2.879 trillion.
