Malaysia encourages import of advanced machinery and equipment in China
It is understood that Malaysia's trade in the more developed world, its electrical and electronic products, garments and textiles, furniture and wood products, palm oil and rubber production and export of large-scale. Is actively looking for overseasprocessing base in Guangdong exporters, set up factories in Malaysia is a good choice. Ma sleeve Strong said: "Malaysia to attract manufacturing foreign investment ranking table, China ranked No. 8, so far, a total investment of $ 906 million, which in 2004, 94% of new projects, 6% for the expansion of Chinese enterprises to invest more concentrated in infrastructure, chemicals, metals, wood products, transportation products and other fields. Guangdong businessmen, electronics, machinery and equipment, agricultural and service industries are all suitable to the horse investment. "
To encourage investment in China, Malaysia has developed a number of preferential policies, in particular, to encourage the import of advanced machinery and equipment. In 2004, Malaysia's imports of machinery and equipment amounted to $ 2.8 billion, as a priority industry, Chinese companies if the investment in machinery and equipment industry in the country will receive a tax exemption of statutory income for 10 years and special offers.
