PUCM Anniversary Dinner

March 8, 2018 at 10:53 pm

SPEECH BY MINISTER OF TRANSPORT
YB DATO’ SRI LIOW TIONG LAI

PERSATUAN USAHAWAN CHINA DI MALAYSIA
ANNIVERSARY DINNER

THURSDAY, MARCH 8, 2018
ROYAL SELANGOR GOLD CLUB, KUALA LUMPUR

Menghadap ke bawah Duli Yang Teramat Mulia Raja Muda Perlis, Tuanku Syed Faizuddin Putra Ibni Tuanku Syed Sirajuddin Jamalullail

Menghadap ke bawah Duli Yang Teramat Mulia Raja Puan Muda Perlis Tuanku Hajjah Lailatulshahreen Akashah Khalil

Ampun tuanku beribu ampun sembah patik mohon diampun. Patik merafak sembah menjunjung setinggi-tinggi kasih atas keberangkatan tuanku berdua mencemar duli berangkat hadir ke majlis pada hari ini.

Sesungguhnya keberangkatan tuanku berdua amatlah bermakna bagi patik semua dan memeriahkan majlis ini.

Ampun tuanku.

Patik pohon limpah perkenan Duli Yang Teramat Mulia Tuanku untuk patik bagi mengalu-alukan kehadiran dif-dif jemputan dan seterusnya meneruskan ucapan patik di dalam Bahasa Inggeris.

Ampun Tuanku.

Representative of Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to Malaysia, Mr. Chen Chen, Minister Counsellor.

Dato’ Keith Li
President of PUCM,

Tan Sri Pheng Yin Huah
President of the Federation of Chinese Associations Malaysia (Huazong),

YBhg Tan Sri Matshah Safuan
President of the Malay Businessmen and Industrialists Association of Malaysia (PERDASAMA),

Members of the media,

Distinguished guests,

Ladies and Gentlemen,

1. Good evening.

2. It is a pleasure for me to be here as the Chinese Entrepreneurs Association in Malaysia (PUCM) celebrates its first anniversary.

3. My heartiest congratulations to PUCM on this milestone!

4. My congratulations as well to Tan Sri Pheng on the great work that he is doing to strengthen and promote ties between our nations. Indeed, we need more entrepreneurs with such foresight to pave the way in these sectors.

5. I would like to take this opportunity to applaud PUCM for your hard work in driving the business sector in Malaysia.

6. Your efforts are a solid testament of the strong relationship between Malaysia and China.

7. As our two nations continue to enhance our bilateral ties particularly in economic and trade, it is my hope that PUCM will continue to play a key role in the years to come.

Ladies and gentlemen,

8. As I mentioned earlier, Malaysia and China have shared a mutually beneficial and respectful relationship for many decades.

9. This friendship has only continued to strengthen and grow, especially over the past few years, thanks to the foresight of our leader, Prime Minister YAB Datuk Seri Najib Tun Razak and his counterpart, His Excellency President Xi Jinping.

10. Just last year, during YAB Datuk Seri Najib’s visit to China, Malaysia and China signed a significant Memorandum of Understanding on economic and trade cooperation, worth RM31.3 billion.

11. Similarly, MCA is deeply committed towards enhancing and growing the relationship between our two nations.

12. In particular, we are focused on supporting China’s Belt-and-Road initiative, as we believe that it is truly a game-changer that will have wide-ranging benefits across Malaysia and the world.

13. The MCA Belt-and-Road Centre (MBRACE) recently organised the MCA Belt-and-Road 2.0 project, which featured a five-point action plan:
13.1. Business Transformation and Young Start-ups
13.2. SME Go-Global
13.3. Trade and Investment Promotion Platform
13.4. Belt and Road Policy Coordination Plan
13.5. Education and Training

14. This initiative represents the joint efforts of Malaysians to support China’s Belt-and Road initiative.

15. Of course, as Minister of Transport and President of MCA, I also consider it a privilege and duty to do my part in strengthening Malaysia-China ties.

16. Earlier in January this year, I had the great pleasure of meeting with HE Li Xiaopeng, Transport Minister of China, and Mr Feng Zhenglin, Director of the Civil Aviation Administration of China, in Beijing at the Asia Pacific Ministerial Conference on Civil Aviation.

17. Allow me to share with you some of the results from our meeting:
17.1. I am heartened to note that I successfully obtained China’s approval for Malaysia Airlines to launch its fifth new route from Chengdu to New Delhi.
17.2. In tandem, we discussed increasing the number of flights between Malaysia and China, improving flight takeoff times, as well as cooperating with airline companies.
17.3. These discussions were certainly positive and I look forward to seeing fruitful results in the future.

18. Additionally, I was also able to meet with HE Liu He, Political Bureau of the CPC Central Committee member cum Central Leading Group on Financial Economic Affairs director and top advisor to President Xi Jinping.

19. During our meeting, I was pleased to present a proposal on the export of raw birds’ nests and durians with whole shells to China, which was well received and will hopefully yield favourable feedback from the Chinese Government in due time.

Ladies and gentlemen,

20. In light of the launch of the Belt-and-Road initiative, we have seen its positive impact across all levels of Malaysia’s economy.

21. Bilateral trade volume between China and Malaysia has increased by 52.4% in the last five years, accumulating to RM1,147.75 billion from 2013 to 2017.

22. In the first 11 months of 2017 alone, Malaysia-China bilateral trade volume was RM264.62 billion, representing 16.3% of total trade volume in Malaysia.

23. Indeed, China imports an average of over RM10 billion worth of goods from Malaysia per month.

24. With youths growing more involved in the SME and e-commerce sectors, the Chinese market truly offers immense potential and opportunities.

25. There is also greater knowledge-sharing through our port alliances, not to mention the Malaysia-China Kuantan Industrial Park, which bodes well for our nation’s transport infrastructure.

26. Moreover, the number of tourists from China to Malaysia has grown significantly over the years, with more than 2 million tourists visiting our beloved nation now compared to a mere 100,000 tourists in the 1990s.

27. Malaysia is now the second most popular destination for Chinese tourists among the Belt-and-Road nations, second only to Thailand.

28. With all these successes in mind, it is clear that there are significant benefits resulting from Malaysia and China’s mutual cooperation, with more to come in the future.

29. It is unfortunate that there are some narrow-minded parties who do not see these benefits, but instead choose to claim that Malaysia is “selling out”.

30. Nonetheless, I am confident that shrewd entrepreneurs and businesses will be able to see the vast opportunities that are present.

31. As Malaysia’s development accelerates, it is my hope that we will see more companies such as those in PUCM coming to Malaysia.

32. Let us all come together and work together to take our friendship and cooperation to greater heights.

33. On this note, congratulations once again on PUCM’s anniversary.

34. I wish all of you continued success and good fortune ahead.

35. Thank you.
Ampun Tuanku.