Malaysia Guangdong Chamber of Commerce president Tang Zhi Nian said Malaysian companies would face significant challenges if they compete with Chinese enterprises in sectors such as manufacturing, technology and new energy, with some areas even being out of reach.

Tang said Chinese companies were leading in these fields primarily due to their large domestic market, while the Chinese government was committed to helping domestic companies face international competition.

He said Malaysian companies should complement the efforts of Chinese companies that introduce high-tech innovations and advanced technologies. “It can ultimately lead to win-win outcomes,” he said.

He urged Malaysian companies to play to the country’s strengths in its resources with great potential, such as palm oil, durian and other natural resources.

“Local companies should leverage their own advantages, including Malaysia’s position as a gateway for Chinese companies entering Asean, its cultural connections with China, the ability of its people to communicate in Chinese and its halal certification processes,” Tang told FMT.

He suggested that strategic partnerships be formed with Chinese officials and the private sector to encourage technology transfer and training and provide opportunities for Malaysians to study in China.

The BRI is a massive infrastructure initiative by China that spans the globe.