On November 13, Guangxi Daily published an article titled "Interpreting New Stories of Economic and Trade Cooperation between China and Malaysia in the 'Two Countries, Twin Parks' Initiative," highlighting the role of the China-Malaysia Investment Holding Group in supporting the construction of the "Two Countries, Twin Parks" and promoting economic and trade cooperation between the two nations. The full text is as follows: 

Interpreting New Stories of Economic and Trade Cooperation between China and Malaysia in the "Two Countries, Twin Parks" Initiative  

Guangxi Cloud - Guangxi Daily Intern Reporter Tian Xixia  

(Guangxi Daily, 2024-11-13, Page 011)

On the banks of the Beibu Gulf, at the China-Malaysia Qinzhou Industrial Park, high-quality raw bird's nests and other products from Malaysia are processed and sold in the domestic market. This cross-border industry chain for bird's nests between China and ASEAN has an annual processing capacity of 500 tons, with an annual output value exceeding 10 billion yuan. The ecological aluminum business has completed over 260 million yuan in import trade, and an ecological chain for the circular economy of ecological aluminum is rapidly taking shape. Here, the stories of economic and trade exchanges and cooperation between China and Malaysia are constantly unfolding.

"As one of the main builders of the 'Two Countries, Twin Parks,' the China-Malaysia Investment Holding Group bears the important mission of facilitating international capacity cooperation and economic and trade exchanges between China and Malaysia," said Guo Qinghui, General Manager of the Business Cooperation Department of the China-Malaysia Investment Holding Group. Leveraging the resources and advantages of the "Two Countries, Twin Parks," the group frequently engages in economic and trade interactions with Malaysia, continuously achieving new results in promoting cross-border trade, strengthening capacity cooperation, and building cooperative platforms.

Leveraging Port Advantages to Promote Rapid Trade Growth  

Recently, palm oil purchased by the China-Malaysia Investment Holding Group from Malaysia arrived at the port. After customs inspection and clearance, it was transported to various locations across the country for further processing.

Palm oil plays a crucial role in China-Malaysia trade. This year, trade in palm oil between the China-Malaysia Investment Holding Group and Malaysia has grown rapidly. By the end of October, the import volume of palm oil had approached 100,000 tons, with a value of about 700 million yuan, representing a year-on-year increase of over three times.

"Malaysia has unique advantages in specialty agricultural products such as palm oil, which complement the needs of the Chinese market," said Li Yong, General Manager of the Operations Management Department of the China-Malaysia Investment Holding Group. The group's economic and trade cooperation with Malaysia spans multiple fields, including palm oil, crude oil, wet electronic chemicals, digital intelligent technology, specialty agricultural products, ecological aluminum circular economy, bird's nests, and cold chain logistics.

In recent years, with the implementation of upgraded facilitation measures for the China-ASEAN Free Trade Area and the Regional Comprehensive Economic Partnership (RCEP), the trade environment between China and Malaysia has become more open and convenient. From January to October of this year, the import and export trade volume between the China-Malaysia Investment Holding Group and Malaysia exceeded 2 billion yuan.

The China-Malaysia Investment Holding Group not only imports high-quality products such as palm oil, ecological aluminum, and raw bird's nests from Malaysia but also promotes Guangxi products in international markets like Malaysia through various channels.

In September this year, at the 17th World Chinese Entrepreneurs Convention held in Kuala Lumpur, Malaysia, the China-Malaysia Investment Holding Group established a "Guangxi Products Going Global" exhibition hall, showcasing over 30 distinctive products from Guangxi, including Qinzhou Nixing pottery, Wuzhou Liubao tea, and Liuzhou snail rice noodles, attracting significant attention from many Chinese entrepreneurs.

"This is the group's first attempt at overseas market marketing, which helps enhance awareness of Guangxi's specialty agricultural products and handicrafts in the Malaysian market," said Bi Yihua, Deputy General Manager of the Overseas Business Department of the China-Malaysia Investment Holding Group. The group plans to collaborate with local distributors in Malaysia to explore the market through free trials, experiential marketing, supply chain finance, and other methods, further consolidating and expanding trade relations with Malaysia.

Focusing on Capacity Cooperation to Build Cross-Border Industrial and Supply Chains

The Pingguo Ecological Aluminum Capacity Cooperation Base of the China-Malaysia Investment Holding Group is undergoing a remarkable transformation, utilizing ecological aluminum raw materials imported from Malaysia.

Inside the factory, six large smelting furnaces operate efficiently. Through a series of precise processes—including crushing, iron absorption, sieving, remelting, refining, and purifying—the ecological aluminum raw materials are ultimately transformed into high-quality alloy aluminum rods.

In recent years, the China-Malaysia Investment Holding Group has actively promoted the upgrade of the "Two Countries, Twin Parks" capacity cooperation initiative between China and Malaysia, accelerating the construction of cross-border industrial and supply chains. The Pingguo Ecological Aluminum Capacity Cooperation Base is the first officially operated capacity cooperation project by the Investment Group, a subsidiary of the China-Malaysia Investment Holding Group. This project has initiated the processing and production of aluminum rods using ecological aluminum raw materials, successfully linking the southwestern region of the new western land-sea corridor with the ASEAN new materials industry chain.

By acquiring ecological aluminum raw materials through capacity contracting in Malaysia and other locations, conducting deep processing at processing bases in Guangxi, and planning to establish ecological aluminum industrial parks in Southeast Asia, a complete ecological aluminum circular economy industry chain will be formed.

This year marks the 50th anniversary of diplomatic relations between China and Malaysia. In April, during the fifth meeting of the China-Malaysia "Two Countries, Twin Parks" Joint Cooperation Council held in Qinzhou, Guangxi, both countries reached a consensus on the importance of strengthening industrial upgrading and promoting deeper integration in the development of the "Two Countries, Twin Parks" initiative. Additionally, they emphasized the need for closer cooperation in the industrial and supply chains of China and Malaysia.

Currently, the China-Malaysia Qinzhou Industrial Park has gradually established cross-regional and cross-border industrial and supply chains with complementary advantages in sectors such as ecological aluminum and bird's nest products, with capacity cooperation continuously evolving.

Overseas warehouses represent another initiative by the China-Malaysia Investment Holding Group to deepen cross-border industrial and supply chain cooperation and assist Guangxi in creating a convenient domestic and international dual circulation market. Earlier this year, the China-Malaysia Investment Holding Group established its first overseas warehouse in Malaysia, actively expanding cross-border supply chains and focusing on key import areas such as petroleum, palm oil, frozen products, and tropical fruits, while optimizing the categories of supply chain business.

"We will leverage the establishment of overseas warehouses as an opportunity to deepen trade cooperation, further improve the efficiency of goods circulation, and reduce overall operating costs," said Qin Xiang, Deputy General Manager of International Economic and Trade Group Co., Ltd., a subsidiary of the China-Malaysia Investment Holding Group. Currently, the group has set up three overseas commodity warehouses in Port Klang, Malaysia, Johannesburg, South Africa, and Jakarta, Indonesia, to ensure a steady supply of goods.

Expanding Overseas Markets and International Cooperation Platforms

Industrial silver, sulfur, rare earths... On the China-Malaysia Unilink Cross-Border E-commerce Platform, various products are neatly categorized, enabling suppliers and purchasers from both domestic and international markets to connect seamlessly. This year, the Unilink cross-border e-commerce platform achieved a revenue of 127 million yuan in its first quarter of operation.

This platform innovatively adopts a "cross-border e-commerce + platform" model, utilizing digital tools to achieve precise matching of industrial supply and demand, thereby promoting efficient circulation of goods and establishing an important bridge for economic and trade cooperation between the China-Malaysia Investment Holding Group, Malaysia, and other ASEAN countries.

In recent years, the China-Malaysia Investment Holding Group has accelerated its "going out" strategy, actively building international cooperation platforms and enhancing cooperation channels with Malaysia and other countries. "The China-Malaysia Investment Holding Group is committed to creating four major platforms: production and finance services, integrated city-industry services, transformation of scientific and technological achievements in production, education, and research, and cross-border supply chains, actively promoting international capacity cooperation and vigorously developing marine industries," stated Guo Qinghui.

Currently, the construction of the four major platforms is progressing smoothly. The platform for transforming scientific and technological achievements in production, education, and research is preparing to establish an initial scale of 20 million yuan for a science and technology innovation fund; the production and finance services platform is forming a marine industry capital alliance, introducing its first industrial fund of 15 million yuan; and the integrated city-industry service platform began construction in September.

With these cooperation platforms established, how can foreign enterprises be attracted to collaborate? To further explore overseas markets, the China-Malaysia Investment Holding Group has decided to establish an overseas subsidiary in Kuala Lumpur, Malaysia—China-Malaysia Investment Holding (Malaysia) Co., Ltd.—to introduce high-quality overseas industrial resources, engage in overseas industrial investments, and diversify the categories of bulk commodity imports and exports, enhancing the overseas brand influence of the China-Malaysia Investment Holding Group.

Leveraging this overseas subsidiary, the China-Malaysia Investment Holding Group is gradually establishing a cooperation network with Malaysia, providing convenient channels for economic and trade exchanges and facilitating Malaysian entrepreneurs' investments and developments in the parks.

Currently, the China-Malaysia Investment Holding Group has attracted Malaysian bird's nest companies such as MBN and YIWEI’S NEST to establish operations, invest, and collaborate; it is also engaged in trade cooperation with SUPERLUX AUTO Co., Ltd. in Malaysia to promote the implementation of the electric motorcycle project in Malaysia and achieve agency sales in the country.

"We will continue to deepen our cooperation with Malaysian enterprises in advanced manufacturing, electronic information, new energy, new materials, advanced semiconductors, green organic food, and biomedicine," said Guo Qinghui.

The Guangxi Cloud client also reported this simultaneously: