China has well-established itself in Malaysia. There are many big Chinese companies that have a presence here, such as Huawei, Xiaomi, DJI, and many others. China remains Malaysia’s largest trading partner for 13 consecutive years and a top foreign direct investment source. They also have some of the largest tech companies in the world, like Tencent, ByteDance, and Alibaba, so it is easy to see why our country chose to work with them.
According to a news report by Malay Mail, at the 2022 International Telecommunication Union Plenipotentiary Conference in Romania, Malaysia and China signed a memorandum of understanding (MoU) and will work together on 5G, digital economy and cyber security.
In addition to encouraging collaborations in e-commerce, startup innovations, cloud computing, big data, artificial intelligence, the Internet of Things, internet applications, and other digital technology, both nations are anticipated to explore the possibility of cooperation in the field of 5G app technology.
Other areas of collaboration include those related to legislation, norms, disaster preparedness, data security technology, education, and awareness of cyber security.
According to Tan Sri Annuar Musa, a Communications and Multimedia Minister, the collaboration is anticipated to benefit Malaysia given China’s fast-growing information technology sector. Sharing information and skills in the areas of 5G, cyber security, and the digital economy would be advantageous for both nations as well.
With China’s support, Malaysia’s cyber security ecosystem and national digitalisation efforts can move more quickly and be more ready, especially in light of the Industrial Revolution 4.0 era.
According to Annuar, the collaboration will support Malaysia’s efforts to develop its digital economy, indirectly promote regional digital economic growth, and eventually contribute to the country’s economy in accordance with plans to make Malaysia a centre for the high technology industry.
