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Yeo: Good ties with China to continue

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Malaysia will continue to have good relations with China as both countries have the potential to collaborat­e in various sectors that would mutually benefit each other.

Energy, Technology, Science, Climate Change and Environmen­t Minister Yeo Bee Yin said this did not mean that Malaysia would rely on China but it would look at the advantages from the collaborat­ion.

“China has some advantage and things that we can learn from, including technology, while at the same time, our strategic location has given us a lot of advantage with China. Malaysia will continue to be friendly to everyone,” she told

Bernama after delivering her keynote address at the forum on South-South Cooperatio­n in the New Asian Era at Universiti Malaya here yesterday.

As Malaysia has a limited market, it is important to work together with technology leaders, including China, which are advanced in the artificial intelligen­ce and renewable energy sectors.

“We need to transform our busi- nesses to think about technology because this is what creates wealth, not just labour and capital,” said Yeo.

She also urged the small and medium enterprise­s to invest more in research and developmen­t to grow their knowledge and enable them to go up the value chain.

Earlier in her keynote address, Yeo expressed hope that the collaborat­ion with China would see more technology commercial­isation, academic collaborat­ion and mutual investment­s between Malaysia and China.

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