As one of the important projects of the memorandum of cooperation between the two countries' industrial and commercial enterprises, Chengli Group and Malaysia's New World Technology Co., Ltd. (NWT) signed a memorandum of cooperation on automobile projects. According to the memorandum of cooperation, using Chengli Group's technology and supply chain resources in special vehicles, as well as Malaysia's New World Technology Co., Ltd. (NWT)'s strategic location and regional advantages, the two parties will jointly implement the strategy of developing professional vehicles for export to the global market, and jointly build Malaysia into a regional hub for professional vehicle manufacturing innovation. As the recommending unit of this strategic cooperation, China Silk Road Group will be committed to serving the implementation and construction of the "Belt and Road" initiative, actively promoting cooperation between Chinese and Malaysian enterprises, promoting in-depth cooperation between China and Malaysia in various fields, and promoting the common prosperity of the economies of both sides.
