The Malaysian government has officially launched the 13th Malaysia Plan, setting an annual economic growth target of 4.5% to 5.5%, with a total investment scale of 611 billion ringgit, approximately 1.03 trillion yuan. The plan clearly regards good governance, economic diversification, and inclusive development as its three core principles, aiming to promote Malaysia's transformation from a world factory to an Asian intelligent manufacturing center.

According to the plan, private consumption is expected to maintain an annual growth rate of 5.5%, and its proportion to GDP will increase from 60.7% to 62.4%; The target for the proportion of technical workers has been raised to over 35%, and the proportion of salary income to GDP has been increased to 40%; The government's fiscal deficit target has been reduced to below 3% of GDP, with debt controlled within 60%.

In key development areas, 13MP has identified semiconductors, energy transition, and digital technology as core agendas. The scale of the semiconductor industry is expected to increase from 4.8 billion ringgit in 2024 to 6.85 billion ringgit in 2030; The scale of the digital economy is expected to increase from 540 million ringgit to 1 billion ringgit; The scale of the new energy sector is expected to increase from 820 million ringgit to 1.37 billion ringgit.

In the field of green energy, Malaysia is accelerating its national energy transformation roadmap, aiming to achieve a 70% share of renewable energy by 2050. The National Energy Corporation plans to invest 90 billion ringgit to support the transformation of the power grid, covering smart metering, electric vehicle infrastructure, and carbon credit platforms. Chinese lithium battery material giant Hunan Yuneng has announced the establishment of Southeast Asia's first production base in Sembilan, focusing on the manufacturing of lithium battery positive electrode materials.

In the field of digital and infrastructure, 13MP strengthens the national semiconductor strategy and is committed to positioning Malaysia as a global advanced semiconductor manufacturing center. Johor is being developed into a hub for artificial intelligence computing and regional data infrastructure. The China ASEAN Artificial Intelligence Laboratory has been jointly established by Guangxi Beitou Xinchuang and Malaysian MYEG Service Co., Ltd., and the first collaborative project has achieved digital certification of Chinese driver's licenses.

In the field of people's livelihood, the main port expansion projects include Westports 2, the expansion of Tanjung Pelepas Port, and the construction of a new port on Kerry Island. The government plans to build 5 new public hospitals and expand public primary healthcare clinics, with the goal of increasing halal exports to 80 billion ringgit. The target for per capita gross national income has been raised from approximately 50000 ringgit currently to 77200 ringgit by 2030. Keywords: macro

Malaysia's Deputy Minister of Investment, Trade and Industry, Liu Zhendong, stated that if Chinese companies only intend to avoid tariffs by changing product labels in Malaysia, such investments are not suitable for Malaysia. Enterprises need to go beyond simple assembly, truly create value locally, and achieve mutual benefit and win-win through technology transfer and talent cultivation.Editor/Gao Xue