Yeo: Good ties with China to continue
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.