China-sponsored exhibition to attract 8,000 buyers

KUALA LUMPUR: China's Ministry of Commerce and China Foreign Trade Centre are targeting to attract 8,000 buyers for their fourth ‘Chinese Import and Export Commodities Exhibition and Investment Conference (Malaysia) 2007’ to be held here from Dec 12-16.

Malaysia-China Chamber of Commerce president Datuk Yong Ah Pwi said this year’s exhibition would further promote bilateral economic and trade relation between both countries. He said 200 exhibitors, of which 170 enterprises would be coming from China and the rest from Asean countries, was expected to participate in the exhibition.

“Among these exhibitors, many have participated since it was first held in Malaysia in 2004, while over 100 exhibitors will participate in the exhibition for the first time,” he told reporters at a briefing here yesterday.

Yong said the main products involved machineries and electronics, building and decoration materials, household products and ethnic products, including halal food products.

Malaysia External Trade Development Corporation (Matrade), East Asia and Asean section director, Mohd Mustafa Abdul Aziz, said China-Malaysia bilateral trade rose 10.4% to US$27.64 billion (RM95.23 billion) in the first 10 months this year from US$24.77 billion a year earlier.

He said export accounted to US$12.41 billion (RM42.77 billion) while import amounted US$15.22 billion (RM52.46 billion) during the period.

By The EDGE MALAYSIA