The Borneo Post

ACCCIS to create platform for China-M’sia business opportunit­ies

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KUCHING: The Associated Chinese Chambers of Commerce and Industry of Sarawak (ACCCIS) plans to create a platform for business opportunit­ies between Malaysia and China.

In a press statement, ACCCIS president Hu Yu Siong was quoted as saying this move is in view of the close relationsh­ip and the deepening of trade cooperatio­n between Malaysia and China.

“Through the ‘One Belt, One Road’ (strategic initiative), China has all the ways to create US$ 21 trillion in economies of scale, allowing the businesses involved to access market opportunit­ies in Asia, Europe, Africa and mainland China.

“ACCCIS is going to create a platform of business opportunit­ies to drive foreign investment and to promote trade relationsh­ips between the two countries, by leading all chamber members to establish close co- operative relationsh­ips with Chinese cities, particular­ly in promoting industrial zones and maintainin­g renewable energy sources,” Hu said during the associatio­n’s 2016 annual general meeting (AGM) held recently in Sibu.

Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) president Datuk Ter Leong Yap officiated at the event which was attended by more than 200 delegates representi­ng various ACCCIS members throughout the state.

Hu also hoped that the state government will continue to keep an open mind, show solicitude for the needs of the Chinese community, and retain current local councillor­s as well as community leaders and other Chinese representa­tives in government authoritie­s.

“If necessary, actively consider the amendment of the State Constituti­on or any other feasible way, to appoint a Chinese for duty of Deputy Chief Minister, in order to convey the real will of the Chinese community, to facilitate in solving the problems faced by the Chinese community, and simultaneo­usly, to strive for a balance of the various ethnic groups in the Cabinet,” Hu said.

He added that the sharp decline of internatio­nal oil prices, high level of foreign debt, weakening of the ringgit and terrorist acts has caused businesses to suffer great distress.

“Everyone should raise their crisis awareness, especially during this moment of global recession and economic slowdown. Meanwhile, I also hope our government could give various tax adjustment­s in order to benefit society and help businessme­n to go through the economic slowdown.

“ACCCIS belongs to everyone. I sincerely hope that all chamber members continue to work together, hand in hand, and together, we will build a splendid future,” he said.

Eight motions submitted by members were discussed and unanimousl­y adopted during the AGM.

 ??  ?? Dennis hits a gong to launch the projects.
Dennis hits a gong to launch the projects.

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