The strong ties between China and Malaysia, particularly in the thriving Halal industry, were further reinforced at the recent Multinational E-commerce Import & Export Trade Conference held in Yinchuan, capital of Ningxia. This event brought together key players from the Malaysian Port Klang Free Zone and Halal companies of Ningxia, showcasing the potential for exponential growth in this crucial market.
Soaring Trade and Shared Vision
Weng Zhongyi, economic and commercial minister-counsellor of the Embassy of Malaysia to China, highlighted the remarkable progress in bilateral trade, exceeding $106 billion in 2013. He emphasized the unwavering support of both governments for encouraging investment and collaboration between companies in both countries.
Capitalizing on Halal Advantage
Recognizing the immense potential of the rapidly expanding Halal industry, both parties acknowledged the need for focused cooperation in this sector. Mr. Weng Zhongyi envisioned that the partnership between Port Klang and Ningxia companies would significantly enhance the value of China-Malaysia trade cooperation.
Addressing Challenges and Embracing Opportunities:
Xia Baowen, General operator of Port Klang Free Zone, acknowledged the challenges faced by Chinese companies and products in accessing international markets. He expressed confidence that this collaboration would prove instrumental in overcoming these hurdles.
Port Klang: A Strategic Gateway
Mr. Xia Baowen emphasized the immense potential of the Halal market, highlighting Port Klang as a vital platform and channel for Chinese Halal industry. As the largest logistics center in Malaysia and the 12th largest port globally, Port Klang offers unparalleled connectivity and logistical expertise.
Building a Collaborative Ecosystem
Through this strategic partnership, the China-Malaysia Halal E-commerce Center and International Halal Certificate Service Center will be established in Ningxia. This initiative aims to leverage the complementary strengths of both regions, fostering a collaborative ecosystem that caters to the global Muslim market.
A Model for Success
Mr. Xia Baowen expressed his conviction that the collaboration between Port Klang and Ningxia would serve as a model for China-Malaysia business and trade, paving the way for a mutually beneficial future.
Looking Forward
As the Halal market continues to experience exponential growth, this partnership between China and Malaysia serves as a testament to the potential of collaborative efforts. With its strategic location, advanced infrastructure, and unwavering commitment, Port Klang is poised to play a pivotal role in propelling the global reach and success of the Halal industry.
Leave a Reply
You must be logged in to post a comment.