China and Malaysia formally established diplomatic relations on May 31, 1974, making it the first such relationship among the Association of Southeast Asian Nations (ASEAN). Since then, bilateral relations have generally progressed smoothly. In 1999, the two countries signed a joint statement outlining a framework for future bilateral cooperation.
In 2004, leaders from both sides reached a consensus on developing a strategic partnership. This partnership was elevated to a “ ” in 2013. In 2023, the two nations announced the establishment of a China-Malaysia community with a shared future.
Malaysia is strategically located at the heart of Southeast Asia and serves as a gateway to ASEAN’s 650 million people and a combined GDP of US$3.2 trillion. Its geographical advantage positions it as a hub for accessing ASEAN markets and connecting to the Middle East, Australia, and New Zealand.
In 2023, bilateral trade between China and Malaysia amounted to US$190.24 billion. Of this, China’s exports to Malaysia totaled US$87.
38 billion, while imports from Malaysia reached US$102.86 billion. China has remained Malaysia’s largest trading partner for 15 consecutive years.
Major imports from Malaysia include integrated circuits, computers and their components, palm oil, and plastic products. Key Chinese exports to Malaysia consist of computers and their components, integrated circuits, apparel, and textiles. Chinese enterprises have rapidly increased their investments in Malaysia, wi.
