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China and Malaysia signed 31 memoranda of understanding during Chinese President Xi Jinping's visit to Malaysia in April, covering everything from cooperation in security, digital technology, transport, trade and media to visa exemptions.
Both countries are calling this a "new golden era" of bilateral ties, with a strong focus on future-ready industries. Among those taking center stage is digital transformation.
Zhejiang University in China and the Malaysia Digital Economy Corporation (MDEC) signed a Letter of Intent (LOI) to collaborate on digital transformation, AI ecosystem and smart cities based on the "Zhejiang Model," a digital governance transformation framework.
CGTN spoke to MDEC CEO Anuar Fariz Fadzil on why they chose the "Zhejiang Model" and how they plan to advance digital innovation in Malaysia.