According
to data from the China Global Investment Tracker, Malaysia benefited from
$26.14B worth on investment and almost half of the investment by China are on
the energy sector.
In
the report by Ernst & Young title “Riding the Silk Road” in March 2015,
China has been slowly increasing it outward direct foreign investment since
2003 and in 2015, it outward investment overtake foreign investment into China.
It outward flow of investment as in 2015 rank third with a total value of
USD116 billion.
As
China focus on effort to balance it economy and spruce growth with new reform
which according to the report by Wall Street Journal dated 21st
December 2015, senior leaders, “are
looking at tapping into Chinese consumers’ rising demand
for safer food, better medical care and other quality-of-life improvements.”
Malaysia
fit into China requirement on it economy reform where focus will be onto
“consumer driven industries” and “advance manufacturing” whereby, their
over-capacity production can be move into other countries along the “One Belt,
One Road” policy.
Being
a country with all round summer, we can produce varieties of tropical fruits
such as bananas, papaya, star fruit, rambutan and mangoes. A report by
Euro-Fresh Distribution, dated October 2015, China has reach it capacity of
planting banana. With it population of 1.9 billion, more fresh fruits it needed
to satisfy consumer demand.
Beside agriculture, Malaysia is also a very suitable country for China to invest into
food production. Ready to cook sauces, famous instant coffee mix, healthy
drink, meal in an instant and exotic biscuit just to give some ideas.
The
Global Wellness Summit, New York, November 2014, reported that the world
wellness market is worth $3.4 trillion which is nearly 3 times larger than the
worldwide pharmaceutical industry. Malaysian with pools of talents from
chemistry to food science can produce world quality products that not only be
able to be excepted by the Chinese but the world at large too.
According
to Dr Abdul Rahmin Bin Mohamad from the Food Safety and Quality Division,
Department of Public Health, Ministry of Health Malaysia, “Malaysia food safety
system is charatarized by it complexy and diversity, with different authority
entrusted with the task of ensuring food safety at different stage of the food
chain.” Speak volumn of the high standard of food production in Malaysia that
will meet health requairement from China.
Malaysia
is ready to take on the challenge to court the multi billion dollars investment
from China as we have in place international standard of food production and
good agricultural practices.
