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China, Malaysia to expand trade ties

Updated: 2013-10-04 07:18
By Li Jiabao in Kuala Lumpur ( China Daily)

China's economic expansion and the restructuring of its growth pattern will have a positive impact on Asia amid calls for financial integration in the region, experts said on Thursday.

"The Chinese economy is generally good. Great dividends will be released from industrialization, urbanization, agricultural modernization and further opening-up," Chinese Ambassador to Malaysia Chai Xi said at the opening of the fifth World Chinese Economic Forum, held in Kuala Lumpur from Thursday to Friday.

Chai added that China's imports will exceed $10 trillion in the next five years and its outward investment will total $500 billion, which will "give the world economic vigor".

China, Malaysia to expand trade ties