October 27, 2017

KUALA LUMPUR, Oct. 27 (Xinhua) -- Malaysia stands to reap benefits from the China-proposed Belt and Road Initiative, a Malaysian government report said, noting the initiative is integrating economic resources and aligning policies to promote shared development among regions.

According to the Economic Report 2017/18, which was released on Friday by Malaysian Prime Minister Najib Razak, the Belt and Road Initiative, as a huge plurilateral arrangement covering 65 countries, will bring about mutual benefits for all participating countries, including Malaysia.

The initiative will enhance the Association of Southeast Asian Nations (ASEAN)'s integration and connectivity strategies and simultaneously strengthen ASEAN-China Free Trade Agreement (ACFTA) to explore mutual business opportunities, it said.

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