On August 22, local time, the 3rd Hunan Equipment and Manufacturing into the ASEAN Investment Expo opened, the event aims to take advantage of the new opportunities brought by the opening of the RCEP region, and jointly build an international platform for economic and trade exchanges in the construction machinery industry chain in Southeast Asia. The 2024 China (Changsha) Construction Machinery Remanufacturing (Second-hand) Equipment Economic and Trade Matchmaking Conference (Malaysia) was successfully held, and more than 80 entrepreneur representatives from China and Malaysia gathered in Kuala Lumpur to discuss development space and carry out precise cooperation through face-to-face communication.

Lu Haiwen, deputy director of the Changsha Convention and Exhibition Management Office, said that the scale of Malaysia's construction industry continues to increase, the process of infrastructure construction continues to accelerate, and the development trend of the construction machinery industry is improving. It is hoped that Chinese and Malaysian entrepreneurs will take this opportunity to communicate and exchange face-to-face, grasp the development opportunities and challenges, further deepen exchanges and cooperation, and open up new horizons for future development.

Mr. Lim Yufeng, President of Selangor & Kuala Lumpur Machinery & Hardware Merchants Association of Malaysia, said that Changsha, as the capital of China's construction machinery, has been continuously carrying out technological innovation and industrial upgrading. This economic and trade matchmaking meeting provides a rare opportunity for the Kuala Lumpur Machinery and Hardware Merchants Association to have in-depth exchanges between Malaysia and Chinese enterprises and jointly promote the development of the field of construction machinery remanufacturing.

Gao Xiaomin, deputy director of the Institutional Innovation Bureau of the Changsha Area Management Committee of the Hunan Free Trade Zone, made a detailed introduction to the Changsha area of the China (Hunan) Pilot Free Trade Zone, and introduced the status of Changsha's manufacturing industry cluster and Changsha's remanufacturing export base. He said that Kuala Lumpur and Changsha have cultural integration and industrial commonality, and issued a warm invitation to the Malaysia construction machinery entrepreneurs present.

Yuan Zhen, Secretary-General of the Association and Secretary-General of the Hunan Construction Machinery Remanufacturing Equipment Export Industry Alliance, introduced the business scope and organizational advantages of the alliance in detail. He said that Changsha, as a "construction machinery capital", has a strong industrial chain and excellent supporting facilities, and looks forward to more in-depth cooperation with Malaysia national construction, engineering contractors, business associations, etc., to jointly explore the market and achieve mutual benefit and win-win results.

At the meeting, the alliance signed a strategic cooperation agreement with the Selangor and Kuala Lumpur Machinery and Hardware Merchants Association of Malaysia, according to the agreement, China and Malaysia will focus on the export of construction machinery remanufacturing (second-hand) equipment, mutual recognition of standards and other aspects of deepening cooperation, further improve economic and trade exchanges between the two sides, and jointly create a new model for Changsha's construction machinery remanufacturing (second-hand) equipment exports to Malaysia and other countries in Southeast Asia.

"This event provides an excellent platform and opportunity for us to establish contacts and cooperate with Changsha construction machinery remanufacturing equipment trading enterprises!" This is a pleasant docking exchange, the cooperation in the field of construction machinery is not only business contacts, but also technical and cultural exchanges, which has laid a solid foundation for the cooperation between the two sides." Representatives of Chinese and Malaysian enterprises enthusiastically expressed their expectations for future cooperation, and Changsha Gizwits Digital Technology Co., Ltd. signed a strategic cooperation agreement with Chenggong Machinery (M) Co., Ltd. on the spot.

The economic and trade exchange and matchmaking meeting further expanded the scope and depth of China-Malaysia cooperation, and on the basis of good docking, deeply tapped the potential of economic and trade cooperation between the two sides, and further promoted the economic and trade exchanges and cooperation between Changsha and Malaysia.