KUALA LUMPUR: China and Malaysia can cooperate towards successful industrialisation, specially for the small and medium enterprises (SMEs), says China's vice-minister of industry and information technology, Xi Guohua.
China, he said, is in the process of promoting industrialisation and information-based economy, to strengthen its competitiveness and set the foundation for building an affluent society.
Xi said he met with officers from the Ministry of International Trade and Industry (MITI) yesterday regarding China's industrial restructuring and improvements in scientific innovation.
He was in Kuala Lumpur to attend the 10th Asean Telecommunications and Information Technology Ministers' Meeting, which ended today. China is one of Asean's Dialogue Partners.
Speaking to reporters after the meeting, Xi said Malaysia had shown great interest in how, China promotes the future of industrialisation and information, in the middle and western parts of the country.
China and Malaysia, he added, can share experiences and methods as both countries are on the industrialisation path to economic growth.
"China and Malaysia are two countries which have a long-standing relationship. Malaysia is the largest trading partner of China, among all the Asean countries.
"Therefore, the discussion of cooperation in the industrial sector, especially for the SMEs, will exert great impact on our future development," Xi said.
He also highlighted that the China-Malaysia bilateral trade volume is expected to reach US$50 billion in 2010. The bilateral trade between countries in 2009 totalled US$36.34 billion.
According to Xi, MITI is also keen on cooperating with China to further strengthen the SME sector as its plays an important role in driving the economy of both countries.
"In China and Malaysia, the SMEs are contributing between 50-60 per cent of the gross domestic product (GDP).In China, 80 per cent of the employment opportunities are created by SMEs," he said.
Xi also invited Malaysian businessman to the China International SME Fair in Guangzhou and China-Asean Expo in Nanning, to explore business opportunities in the country as well as boost trade and investment.
On the 10th Asean Telecommunications and Information Technology Ministers' Meeting, Xi said information and communication technology (ICT), is an important driver of industrialisation.
"As high energy consumption will not sustain in the future, we have to employ high-tech applications, and ICT can play a role in transforming and upgrading the traditional industry," he noted.
ICT, he said, can help improve corporate governance and the sales system by connecting users with cutting-edge technologies while the internet will increase
operating efficiency.
"SMEs in China are lagging in this regard and the government has to do a lot to help them, for example, building a public service platform for them," he added.
Xi said ICT development, especially for the SMEs, is important for the economic development of not only China, but also the Asean member countries to benefit regional socio-economic development.
China, he said, is committed to cooperating with Asean to enhance ICT development by focusing on six areas. Among these are are human resources and broadband development.
Xi said the proposed Asean "Super Digital Corridor", similar to China's Information Super-Highway concept, will promote the socio-economic development of Asean-China, if the two ideas are combined. --BERNAMA
Xi said he met with officers from the Ministry of International Trade and Industry (MITI) yesterday regarding China's industrial restructuring and improvements in scientific innovation.
He was in Kuala Lumpur to attend the 10th Asean Telecommunications and Information Technology Ministers' Meeting, which ended today. China is one of Asean's Dialogue Partners.
Speaking to reporters after the meeting, Xi said Malaysia had shown great interest in how, China promotes the future of industrialisation and information, in the middle and western parts of the country.
China and Malaysia, he added, can share experiences and methods as both countries are on the industrialisation path to economic growth.
"China and Malaysia are two countries which have a long-standing relationship. Malaysia is the largest trading partner of China, among all the Asean countries.
"Therefore, the discussion of cooperation in the industrial sector, especially for the SMEs, will exert great impact on our future development," Xi said.
He also highlighted that the China-Malaysia bilateral trade volume is expected to reach US$50 billion in 2010. The bilateral trade between countries in 2009 totalled US$36.34 billion.
According to Xi, MITI is also keen on cooperating with China to further strengthen the SME sector as its plays an important role in driving the economy of both countries.
"In China and Malaysia, the SMEs are contributing between 50-60 per cent of the gross domestic product (GDP).In China, 80 per cent of the employment opportunities are created by SMEs," he said.
Xi also invited Malaysian businessman to the China International SME Fair in Guangzhou and China-Asean Expo in Nanning, to explore business opportunities in the country as well as boost trade and investment.
On the 10th Asean Telecommunications and Information Technology Ministers' Meeting, Xi said information and communication technology (ICT), is an important driver of industrialisation.
"As high energy consumption will not sustain in the future, we have to employ high-tech applications, and ICT can play a role in transforming and upgrading the traditional industry," he noted.
ICT, he said, can help improve corporate governance and the sales system by connecting users with cutting-edge technologies while the internet will increase
operating efficiency.
"SMEs in China are lagging in this regard and the government has to do a lot to help them, for example, building a public service platform for them," he added.
Xi said ICT development, especially for the SMEs, is important for the economic development of not only China, but also the Asean member countries to benefit regional socio-economic development.
China, he said, is committed to cooperating with Asean to enhance ICT development by focusing on six areas. Among these are are human resources and broadband development.
Xi said the proposed Asean "Super Digital Corridor", similar to China's Information Super-Highway concept, will promote the socio-economic development of Asean-China, if the two ideas are combined. --BERNAMA
Sources : New Straits Times
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