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Showing posts with label Economic development. Show all posts
Showing posts with label Economic development. Show all posts

Tuesday, 29 April 2025

Malaysia and China: More resilient together; surge in Chinese students

 

In accord: Xi and Anwar after witnessing a fruitful Exchange of Agreement session between the two countries at Seri Perdana on April 16. — AP

WHEN Chinese President Xi Jinping returned to Malaysia recently for a state visit after more than a decade, it must have been a nostalgic moment for the leader, as much has changed for him, Malaysia, and China in the past 12 years.

Nostalgia often invokes positive emotions, offering a sense of continuity, meaning, and connection. I believe Xi felt this with Malaysia during his recent visit, and it was evident in his opening remarks at a bilateral meeting with Prime Minister Datuk Seri Anwar Ibrahim.

“This marks my return to Malaysia after 12 years, during which the nation has achieved remarkable progress in its development. Your Madani Government is steadily becoming a promising reality, and I extend my heartfelt congratulations,” Xi said.

Reflecting on the rich tapestry of historical ties between the two nations, Xi recalled the legendary voyages of Admiral Zheng He to Melaka in the 15th century, and the establishment of modern diplomatic relations over five decades ago in defiance of Cold War tensions at the time.

“Today, our two countries are working in unity to jointly build a community with a shared future. China-Malaysia relations are entering a new golden era,” he said, highlighting the deepening friendship between the two countries.

Building networks

Xi’s visit was relatively subdued this time, reflecting the current complexities China is facing, particularly in light of US tariffs and sanctions.

However, the underlying theme of resilience and strategic diplomacy was apparent.

Invited by His Majesty Sultan Ibrahim, the King of Malaysia, Xi’s presence from April 15 to 17 highlighted China’s determination to maintain and strengthen international relationships despite mounting external pressures.

The US measures aim to limit China’s technological advancements and limit its influence in key economic sectors. In response, China has chosen to demonstrate its resilience by strengthening ties with strategic partners like Malaysia. The timing of the visit, just days after the US announced new tariffs, seems very much a calculated move to showcase China’s ability to navigate these economic challenges.

By reinforcing partnerships in South-East Asia, China is diversifying its economic alliances and sending a message of defiance in the face of American attempts to isolate it on the global stage.

Xi’s visit highlighted China’s strategy of building robust trade networks outside Western influence, reducing vulnerability to unilateral economic pressures.

China’s resilience is also evident in its pursuit of long-term goals. Despite immediate economic challenges, China continues to invest heavily in initiatives such as the Belt and Road Initiative, aiming to create a vast network of trade routes and partnerships across Asia, Africa, and Europe.

For China, these efforts are not just about economic survival but also about asserting sovereignty and strategic autonomy, resisting external attempts to dictate its policies.

‘Fierce independence’

Back home, Malaysia is also demonstrating resilience and strategic foresight by embracing this opportunity to solidify ties with China.

Anwar, long an advocate of Malaysia’s non-aligned policy, reiterated the country’s commitment to maintaining a balanced approach in international relations.

In his official visit to Australia to meet Prime Minister Anthony Albanese last year, Anwar emphasised Malaysia’s “fierce independence” and the country’s intention to choose its own friends, countering any China-phobic sentiment.

This stance reiterates Malaysia’s policy of not taking sides in global power struggles – a wise move for a nation that relies heavily on trade with both China and the United States.

Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi, who celebrated the day of the 50th anniversary of Malaysia-China diplomatic relations in Beijing with Chinese Premier Li Qiang and other leaders last year, also noted in recent commentary that “Malaysia believes the world cannot be built on harmful competition”.

“Instead, we must forge cooperation based on mutual trust, mutual respect, and mutual unity.

“That is Malaysia’s principle – negotiating, not retaliating; opening doors, not building walls that isolate and diminish global cooperation,” he said, highlighting Malaysia’s firm stance in rejecting retaliation and emphasising mutual trust and respect in international relations.

Initiatives adopted

Xi’s visit resulted in significant outcomes, including the signing of 31 memoranda of understanding covering a wide range of sectors, from infrastructure to digital transformation. One of the highlights included expanding the “Two Countries, Twin Parks” initiative, set to drive high- impact investments and bolster Malaysia’s position in the Industrial Revolution 4.0 era.

Part of the initiatives include developing the Malaysia-China Halal Food Industrial Park on 60ha of land in Perak, leveraging Malaysia’s prestigious international halal certification system and China’s food processing experience and supply chain management. With this, Malaysia’s halal industry will certainly shine further globally.

Also, the establishment of educational institutions like Xiamen University Malaysia and the planned expansion of Universiti Malaya in Shandong, China, are testaments to the deepening educational and cultural ties between the two nations.

These initiatives, along with cooperation in artificial intelligence and the digital economy, mark a step forward in human capital development, crucial for Malaysia’s future economic competitiveness.

Students from the National Academy of Arts, Culture and Heritage welcoming the Chinese President. — BernamaStudents from the National Academy of Arts, Culture and Heritage welcoming the Chinese President. — Bernama

Balancing ties

As Malaysia continues in the role of Asean Chair this year, it’s crucial to strengthen the Asean Plus Three (APT) framework to make the region more resilient against external threats, like recent global tariffs and sanctions.

APT refers to the cooperative framework between the 10 Asean member countries and China, Japan and South Korea. It started in December 1997 and has evolved into a key mechanism for promoting East Asian cooperation, with Asean serving as the driving force.

Improving APT cooperation can boost economic ties, strengthen financial markets, and drive technological progress across the region. By building on initiatives like the Chiang Mai Initiative Multilateralisation – a key financial cooperation initiative within the APT – and working together on digital and climate issues, the APT can provide a strong safety net and support sustainable growth.

For Malaysia, leading this effort brings great advantages. Increased trade and investment within the APT can boost Malaysia’s economy and technological growth, creating jobs and supporting development.

As the Asean Chair, Malaysia has a unique chance to influence the regional agenda, increasing its influence while promoting cultural and personal connections. By leading this initiative, Malaysia can strengthen its economic and political position, helping the region thrive despite global challenges.

As Malaysia continues to balance its ties with both China and the US, it proves the strength of diplomacy and the pursuit of shared prosperity in a world often divided by competition and conflict. Xi’s visit not only strengthened the existing partnership but also paved the way for future collaborations that will benefit Malaysia and China, and the wider region.- Sunday Star  By ALLISON LAI


Malaysia sees surge in Chinese students


Photo: ART CHEN/The Star

PETALING JAYA: The number of students from China applying to study in Malaysian universities grew by 25% last year, driven by a shift in global student mobility. Education Malaysia Global Services (EMGS) said international students, including from China, are shifting away from the world’s ‘Big Four’ study destinations: the UK, US, Australia and Canada.

“More students are exploring dynamic and diverse destinations across Asia. Malaysia is one of the top destinations,” it told The Star.

EMGS, which is under the purview of the Higher Education Ministry, said its data shows that students from China continued to top the list of study applications to Malaysia, at 33,216 in 2024, compared to 26,627 applications in 2023.

Other top applications came from Bangladesh (6,917), Indonesia (5,556), India (2,591) and Pakistan (2,417).

From January to March this, application by students from China continued to grow by 2%, rising to 5,876 from 5,780 in the same period last year.

 

EMGS said Malaysia’s multilingual environment, political stability, safety, as well as rich cultural experiences, are motivating factors for China students to pursue their studies in the country.

 

“Malaysia's geographical proximity to China also makes it easier and more affordable for students to travel back home during holidays and maintain close ties with their families.”

China Daily recently reported that more Chinese families are reconsidering higher education plans in the US due to worsening bilateral relations and growing concerns over safety abroad.

 

Parents, the report said, are considering countries that have a good relationship with China as political stability ensures the safety of their children abroad.

The report also indicated that data from the 2024 Open Doors Report on Inter¬national Educational Exchange showed that China was surpassed by India as the largest source of international students in the United States for the 2023-2024 academic year.

There were 277,398 students from the Chinese mainland enrolled in US higher education institutions during that period, a figure that has been dropping annually since peaking at 372,532 in the 2019-2020 academic year.

EMGS said Malaysia, under the Education Blueprint 2015-2025, is targeting 250,000 international students by 2025 with 39% contributed by China.

“The consistent rise in international student applications, along with a student-friendly visa system, reflects Malaysia’s commitment to transforming into a global classroom and strengthening its global influence and soft power,” said EMGS.

It added that Malaysia offers internationally recognized degrees, often in partnership with prestigious universities from the UK, Australia, and the US, allowing students to earn a reputable degree at a fraction of the cost.

“The qualification from Malaysia is also widely-recognised and highly regarded in China so students are able to find jobs easily after graduation.”

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Monday, 4 June 2012

Competition begins at home


Much is being done to make sure M'sia can compete with the best on the world

BY now, most people would have heard of the term middle-income trap.

This describes a situation where a nation makes rapid progress in terms of economic growth and in increasing incomes from a low base, but is unable to make that final leap to becoming a high-income nation.

Why this happens is often not clear but economists theorise that once the economic factors of production such as land, labour and capital have been sufficiently harnessed, it needs real gains in productivity to further increase income.

Put in another way, there is only so much land, labour and capital. Once you have made optimum use of these, the next stage is simply to ensure that you use these much more efficiently, and that there is a further increase in productivity.

Are we stuck in a middle-income trap?

It’s too early to answer the question. If we don’t reach high-income status by our target date of 2020, then perhaps we are.

But let me tell you we are doing everything possible to get to high income.

In a nutshell, competitiveness is crucial for high income. We simply must do things better than before and more efficiently.

High income goal: ‘In a nutshell, competitiveness is crucial for high income. We simply must do things better than before and more efficiently.’
 
We need a technological and knowledge leap, and to foster an environment which breeds and encourages competitiveness.

To become a high-income country, we have to be globally competitive, and focus on areas where we can bring our competitiveness to bear with the highest impact in terms of economic contributions and earnings.

Often, we hear the New Economic Model or NEM which is aimed at moving us into a high income country, is dead and is replaced by the Government and Economic Transformation Programmes. Nothing can be further from the truth and I am keen to dispel this transformation blues.

The moves we are taking to transform arise from the NEM - we are NOT replacing it.

We are implementing the NEM as best as we can through measures aimed at making major changes to our operating environment.

The Strategic Reform Initiatives have been put in place as an enabling process.

The National Economic Advisory Council (NEAC) recommended in the NEM, 51 broad and cross cutting policy measures to enable us to realise our goal of transforming our nation into a high income, sustainable and inclusive economy. We are implementing, albeit at different stages, all the 51 strategic reform initiatives.

There are six areas in which we are making major changes:

·Competition, standards and liberalisation
·Improving public finance
·Better public service delivery
·Defining and reducing the Government’s role in business
·Human capital development
· Narrowing disparities

Like charity, competition begins at home.

We introduced the Competition Act, which is being enforced this year so that all anti-competitive behaviour among Malaysian industries can be removed and there will be free and fair competition.

This is a major milestone and our adoption of this, despite powerful vested interests, demonstrates our commitment towards a competitive economy.

We have made amendments to the Standards of Malaysia Act 1996, approved in Dec 2011, to accelerate the development of standards.

This includes reducing the period of adoption of international standards from a year previously to nine months.

These are key requirements for an industry to be internationally competitive.

In the last Budget, 17 sub-sectors were announced for liberalisation, with up to 100% foreign equity participation.

Nine sectors have been fully liberalised while the remaining will be liberalised in stages by end-2012.

For changes to take place we need a healthy fiscal position.

We have made progressive improvements in tax collection, and collected additional RM25bil through improved efficiencies in 2011.

We have other measures in the pipeline to be disclosed in due course.

In terms of public service delivery we are re-engineering business processes. 395 licences will be eliminated by year end, which is estimated to reduce RM729mil in business licence compliance costs.

We are exploring open recruitment between the private sector and the civil service, and introducing real time performance monitoring.

We have introduced a minimum wage to force industry to become more competitive and various other initiatives to improve skills and upgrade the workforce.

Concurrently, we are modernising labour laws, providing a labour safety net, recognising talented women, strengthening human resource management and providing labour market analysis.

In making Malaysians more employable in the ICT industry and addressing the industry’s talent supply issue, the MyProCert programme does its part in upskilling Malaysians with international certification standards on programmes such as iOS Mobile Development and Oracle Certified Professional Programmes.

We are limiting the Government’s role in business to four areas – national infrastructure such as public transport; businesses that need to be owned locally such as defence; specialised industries which require large growth, catalytic or new technology; and situations where the private sector needs co-investors. There is a programme to pare down Government investments.

Last year, 80 companies participated in TERAS – a programme that aims to develop high performing bumiputra SMEs by enabling them to scale up and accelerate their growth, thus making them more competitive in the open market.

In line with the NEM, we are using the principles of being market friendly, merit-based, need-based and transparent in implementing these measures.

So far 50 more companies have qualified under this programme this year.

We are committed to encouraging competition and entrepreneurship.

The Government’s role is to set the conditions for competitiveness, enabling the private sector to take the lead and rise to the challenge. We know if we don’t successfully transform here, we will lose the battle to become a high-income nation.

But we are already taking the measures by putting in place enablers to make the economy more competitive and taking specific measures in a cross-section of areas to achieve the income we need to make us a developed country.

We will get there.

Datuk Seri Idris Jala is CEO of the Performance Management and Delivery Unit and Minister in the Prime Minister’s Department. Fair and reasonable comments are most welcome at idrisjala@pemandu.gov.my