Deputy International Trade and Industry Minister Datuk Mukhriz Mahathir has shared that Malaysia will be looking up-to China to help increase its Foreign Direct Investment inflows over the current year.

"China is on the lookout for a third country like Malaysia to re-export its products to markets where it has exceeded the quota", he said. The thoughts were shared by the Minister yesterday, after he attended the Malaysia External Trade Development Corp's meeting in Kuala Lumpur.

Via an investment in Malaysia, Chinese manufacturers can effectively value-add their productions, and also meet the 40% content requirement put forward by the country to obtain the Certificate of Origin before they can start exporting under the label of Malaysia.

Currently, China is Malaysia's second-largest trading partner, and the countries boasted a total trade of US$28.5 Billion over 2009's first 9 months. Also, China is the country's second largest export market, in addition to being the second largest source of all imports.

From January to October 2009, China's FDI to Malaysia was recorded as RM13.9 Billion, and experts are estimating that 2010 will be even better.