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Cover Story 02 Malaysia-China Business Magazine 73 2021, JAN - MAR PP 14467/12/2012 (032069) DATUK TAN YEW SING MCEC LEADING ENTREPRENEURS FORGING AHEAD COVER STORY 02 MALAYSIA-CHINA BUSINESS MAGAZINE 第十二届马来西亚-中国总商会中央理事 永久荣誉会长｜名誉会长｜顾问 MALAYSIA-CHINA CHAMBER OF COMMERCE NATIONAL COUNCIL 永久荣誉会长 Life Honorary President: 陈凯希 Tan Kai Hee 总会长 PRESIDENT: 拿督陈友信 DATUK TAN YEW SING 丹斯里林源德 Tan Sri Lim Guan Teik 拿督杨天培 Datuk Yong Ah Pwi 第一副总会长 FIRST VICE PRESIDENT/ 拿督黄汉良 Dato' Bong Hon Liong 署理总会长 DEPUTY PRESIDENT: 卢国祥 LOO KOK SEONG 名誉会长 Honorary President: 副总会长 VICE PRESIDENT: 丹斯里林玉唐 Tan Sri Lim Gait Tong 谢中正 KEVIN SIAH TEONG CHEIN 丹斯里方天兴 Tan Sri Pheng Yin Huah 颜登逸 NGAN TENG YE 丹斯里陈群川 Tan Sri Tan Koon Swan 郭隆生 KERK LOONG SING 丹斯里李金友 Tan Sri Lee Kim Yew 拿督刘国城 DATUK LAU KOK SING 拿督林恒毅 DATO’ LIM HENG EE, JOSEPH 丹斯里林伟才博士 Tan Sri Dr. Lim Wee Chai 陈祈福 TAN KEE HOCK 丹斯里邝汉光 Tan Sri Kong Hon Kong 李志贤 LEE CHEE HIAN Dato’ Abdul Majid Ahmad Khan 拿督施明玉 DATO’SEE MENG GEOK 丹斯里林福山局绅 Tan Sri Lim Hock San 丹斯里许子根 Tan Sri Koh Tsu Koon 秘书长 SECRETARY GENERAL/DEPUTY SECRETARY GENERAL: 丹斯里曾贵秋 Tan Sri Alex Chen Kooi Chiew (正) 陈炳钟 TAN PENG CHUNG 丹斯里吴明璋 Tan Sri Barry Goh Ming Choon (副) 张柏垣 BRYAN CHONG BAR YUAN (副) 陈云枫 TAN IN FONG 会务顾问 Executive Advisor: 刘干 Lau Kan Keo @ Low Kan 总财政 丁锦清 Ting Kiam Fatt @ Ting Chin Ching TREASURER/DEPUTY TREASURER: (正) 戴炳煌 THAY PENG HONG 拿督陈展鹏 Datuk Tan Ten Pong (副) 杨子威硕士 YONG CHER VEE 拿督陈天场 Datuk Tan Tian Teo 宋兆棠 Sung Siew Thong @ Soong Siew Tong 中央理事/马六甲州分会会长 NATIONAL COUNCIL MEMBER CUM PRESIDENT OF MALACCA BRANCH: 拿督林国安局绅 DATUK LIM KOK ANN 名誉顾问 Honorary Advisor: 黄循营 Wang Choon Wing 中央理事/霹雳州分会会长 吴立洋硕士 Ng Lip Yong NATIONAL COUNCIL MEMBER CUM PRESIDENT OF PERAK BRANCH: 黎永强 LAI WENG KEONG Muhammad Sahar Mat Din 中央理事/柔佛州分会会长 苏瑞古玛 Suresh Kumar J.Gorasia NATIONAL COUNCIL MEMBER CUM PRESIDENT OF JOHORE BRANCH: 拿督斯里叶绍全 Dato' Sri David Yeat 石声亮 CHEOU SIAH LIANG 旺赛夫 Wan Saiful Wan Jan 中央理事/槟城州分会会长 法律顾问 Legal Advisor: NATIONAL COUNCIL MEMBER CUM PRESIDENT OF PENANG BRANCH: 拿督杨慕材 DATO' YEOH MOH CHAI 拿督威拉刘国民 Datuk Wira Low Hop Bing 中央理事/沙巴州分会会长 拿督杨映波律师 Dato' Yeo Yang Poh NATIONAL COUNCIL MEMBER CUM PRESIDENT OF SABAH BRANCH: 贺钰豪 Addy Herg 陈伟裕 MICHEAL CHIN WEE YEE 中央理事/砂拉越州分会会长 NATIONAL COUNCIL MEMBER CUM PRESIDENT OF SARAWAK BRANCH: 拿督刘乃好 DATUK LAU NAI HOH 《马中经贸》季刊编委会 中央理事/吉兰丹州分会会长 NATIONAL COUNCIL MEMBER CUM PRESIDENT OF KELANTAN BRANCH: 顾问 Advisor : 拿督陈友信 Datuk Tan Yew Sing 高一瑞 KOYU AID 督导 Supervisor : 卢国祥 Loo Kok Seong 中央理事/彭亨州分会会长 出版者 Publisher : 陈炳钟 Tan Peng Chung NATIONAL COUNCIL MEMBER CUM PRESIDENT OF PAHANG BRANCH: 拿督赵毓庭 DATO' ANDY CHIEW YOKE THENG 主席 Chairman of MCCC Publication Committee: 中央理事/女企会主席 NATIONAL COUNCIL MEMBER CUM 陈云枫 Tan In Fong CHAIRMAN OF WOMEN ENTREPRENEURS COMMITTEE: 副主席 Vice Chairman of MCCC Publication Committee: 颜海錀 HELEN SEIBT 谢文英 Cheah Von Ying 中央理事 NATIONAL COUNCIL MEMBER: 委员 MCCC Publication Committee Members: 许径铬 拿督黄锡琦 拿督陈品均(前称陈一骏) 罗章武律师 Loh Chang Woo、刘务求 Liu Wu Chiu、 丁扬岗 林立运 郑荣兴 蔡佳甬 Denis Chai Kah Yune、陈颂 Chin Then Shoong、 李国源硕士 罗章武律师 丘洁光 再尼依布拉欣 Zani bin Ibrahim 杨凯斌 戴振标 陈国顺 拿督郑今智律师 张联兴 赖文德 首席媒体顾问 Principal Media Advisor : 林励肯 EUGENE ROY 李传财 潘友来 Puah You Lai JOSEPH 拿督叶绍平 拿督陈春华局绅 出版 Published by : 刘雪俪 AHMAD TAJUDDIN BIN IR ZANI BIN IBRAHIM 马来西亚-中国总商会 ABDUL CARRIM 谢文英 ABDUL MOHSEIN BIN Malaysia-China Chamber of Commerce 拿督黄彦杰 拿督黎德坤 MOHD SHARIFF 拿督黄振兴 李素桦律师 RAVINDRAN NAVARATNAM 印刷 : 张志聪 拿督沈哲初 TENGKU SHAHRIR Copy & Paste Sdn Bhd ( 1081710H ) MALAYSIA-CHINA BUSINESS MAGAZINE 03 Malaysian expecting COVID-19 vaccine by first quarter 2021. A NEW WORLD WITH NEW HOPE Mankind is ushering in a new world! A new era! As we start afresh in 2021, many challenges and struggles remain await. The COVID-19 outbreak in 2020 has changed the ways of life around the world and changed the structure of the global economy. Nonetheless, we stay affirm that every disaster will eventually pass! Everything changes for the better. In fact, a series of new changes indicate a pattern of the new world in the future. The new normal of society signifies a new beginning; the new international pattern brings a new prospect! WHAT’VE WE WITNESSED? With Joe Biden becoming the new President-elect of LATEST WORLD ECONOMIC the United States, the world political and economic OUTLOOK GROWTH PROJECTIONS 1 situation is bound to undergo new changes. The unilateralism and forcefulness of former president Trump have torn apart multilateral international WORLD OUTPUT 2020 2021 relations and structures over the past four years, leaving the world in chaos. Malaysia -4.5% 6.5% - 7.5% COVID-19 vaccines have been developed United States -4.3% 3.1% successfully and major vaccination projects will 2 launched soon. Human life and social order are Germany -6.0% 4.2% expected to become stable and return to normal. Japan -5.3% 2.3% The world's largest trading bloc is formed! The United Kingdom -9.8% 5.9% Regional Comprehensive Economic Partnership 3 (RCEP), initiated by 10 ASEAN member countries and China 1.9% 8.2% jointly participated by China, Japan, South Korea, Australia and New Zealand, was officially established ASEAN-5 -3.4% 6.2% on 15 November 2020. Indonesia, Malaysia, Philippines, Singapore The United Kingdom (UK) started the process of Brexit, and Thailand which affected the economic and trade ties 4 between Europe and other countries in the world. Emerging and -4.6% 3.9% Many new negotiations and arrangements have Developing Europe changed and adjusted accordingly. Source: IMF, World Economic Outlook, October 2020 04 MALAYSIA-CHINA BUSINESS MAGAZINE THE RISE OF CHINA CHANGES THE WORLD ECONOMY The world economy is now facing a shattered business environment and restarting is the only option. To restart, we must first grasp the current situation and plan ahead. So, what are the areas with new opportunities? How will Malaysian enterprises be affected? How should we response and react? We need to pay close attention to the changes of the current situation in order to make timely adjustments. MCCC President Tan Yew Sing pointed out at the recent AGM that entrepreneurs must adjust their pace and focus on high-tech industry as the engine of transformation. RCEP TRADE PACT HERALDS DAWN OF "Entering the Industry 4.0 era, innovation and ASIAN CENTURY technology development brought about by the integration The newly established RCEP trading bloc can be of artificial intelligence, blockchain and cloud computing said to have greatly enhanced the rising Asian can inject new thinking and direction for enterprises." Century! 15 member states have different economic The new world shows the rise of China. Any changes or and trade levels and different social cultures. How new layout of the world economy is inseparable from China. can ASEAN benefit from it? Analysis shows that the The prospect of Malaysia is more closely related to this than automobile industry is a key point, from China, Japan ever. to South Korea, they are all powerful countries in the The 10th MCEC Cloud Conference was recently held in automobile industry; the sharing of know-how and Fuzhou on 20 October under the theme, “A Decade of technology in this respect will generate obvious Excellence in Malaysia-China Cooperation.” Tan pointed out benefits. that two countries has a long history of friendly ties and close China's high-tech fields, such as digital industry economic and trade cooperation. China's domestic and artificial intelligence (AI), are role models for consumption activities are bound to bring huge business member states to enhance their economies. Even opportunities to Malaysia's small and medium-sized Japan and South Korea’s mobile payment operations enterprises. can learn from China. RCEP enables China and Japan to work together in a free trade deal for the first time. Meanwhile, BIDEN LEADS "THE RETURN OF AMERICA" having Japan and South Korea in the same platform The United States is the world's most powerful economy, will also help to ease the long-standing friction. These making waves with its every move. The exciting news for the new elements are bound to bring positive effects to new year is that Biden, a Democrat, won the presidential many countries including Malaysia. election. In an exclusive interview with NBC on 24 November When sharing on the influence of RCEP, Dr. Wong 2020, he threatened that the United States will assume a Chin Yoong, Associate Professor at the Department of leading role in the world and strengthen its alliance in the Asia Economics of the Universiti Tunku Abdul Rahman Pacific region. (UTAR), pointed out that a slight carelessness in the Biden officially will take office as the President of the confrontation between big powers would fall into the United States on 20 January 2021. Before that, when he Thucydides trap, and such potential conflicts would introduced his White House members one after another, he jeopardize regional economic and trade interests. said, "This team shows that the United States is back to lead Therefore, after signing RCEP, Southeast Asia the world, rather than retreat from the world. Once again, it is becomes more and more important as a hedging in the top position, facing our opponents, not rejecting allies, mechanism in the Western Pacific region. and standing up for our values.” Biden admitted that Trump As an important member state, Malaysia's changed the situation during his term of office, and the world economic and trade interests are of great today is completely different from that when he was vice importance. All parties need to understand deeply president four years ago. and make relevant adjustments and arrangements. MALAYSIA-CHINA BUSINESS MAGAZINE 05 RESTORING MULTILATERALISM IS UPLIFTING In the new world after the outbreak, various countries and industries are deploying the pace of revitalization and mutual support.
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