‘Malaysia to gain from China’s willingness to share advanced technology’
Foreign minister Mohamad Hasan says President Xi Jinping has opened doors for Malaysia
TAPAH, Malaysia (MNTV) – Malaysia stands to benefit significantly from China’s growing willingness to collaborate, particularly in areas such as rare earth processing, Technical and Vocational Education and Training (TVET), and artificial intelligence.
Foreign Minister Mohamad Hasan described Chinese President Xi Jinping’s recent openness to sharing high-level technology as a remarkable shift from the country’s previous stance.
He was speaking at a press conference after visiting the Batu Tiga polling district in Ayer Kuning here today.
“I am grateful to Allah because China, particularly President Xi Jinping, has now opened the doors wide for Malaysia.”
“In the past, China was very tight-lipped and protective over certain technologies. They didn’t want to share. But now, they are offering us access, especially in rare earth technology,” he said.
Mohamad highlighted Malaysia’s current practice of exporting non-radioactive rare earth elements (NREE) in their raw form, which limits the potential economic return.
He said China has offered technology transfers to help Malaysia process rare earths domestically, thereby significantly increasing their market value.
“If we sell it raw, the price is not that good. But if we process it here, the price can be 10 to 15 times higher. China is offering us the technology to do just that.”
“This is a great opportunity that we must capitalize on,” he said, adding that China is ready to act as a facilitator by providing market access, technology, and investment,” he added.
He said that rare earth is a state-owned mineral resource, and called for close cooperation between the federal and state governments to ensure its sustainable and profitable development.
Mohamad reiterated that the closer Malaysia and Asean work with China, the greater the opportunities to strengthen economies through technology sharing, market expansion, and sustainable trade partnerships.
“With the current geopolitical and geo-economic landscape, tariffs, and so on, it’s better that we look among ourselves first to trade—and then increase opportunities to trade with China and other countries as well,” he said.
President Xi was on a three-day state visit to Malaysia, which began on Tuesday.
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