Yes, China over the past 10-15 years have evolved drastically; economically and socially. The China Government has put in place rigorous strategies and plans to benefit the people and one of the bold moves made was the 'Open China' policy. This especially seen during the administration of its leader, Deng Xiaopeng, who has steered China as the important economic superpower nowadays.

Open China policy has witnessed the inflows of foreign investment in China, and this has helped to develop the local economy and partly contributed to the social stability in China with increased job creation  for the locals. Nowadays, China is one of the biggest recipients of foreign investments in the world and the trend continues. The foreign investment plus China Government's robust action plans for achieving social and economic stability has led to weath creation and increased purchasing power.

China is also Malaysia's important partner in all areas; economy, social and cultural. Malaysia in fact was the first among ASEAN countries that established diplomatic relationship with China on May 31, 1974. I was 6 years old then. Our Father of Development, Tun Abdul Razak at that time made a historical visit to China and met his counterpart, Zhou Enlai, during this histrocial moment, and since this the relationship between the two countries continues to flourish until now.

Malaysia has also taken part in the development of China's economy. Malaysia's investments in China continue to increase. In 2008, Malaysia's investment in China amounted to more than USD3 billion and I believe the volume now is bigger. Malaysian enterprises realize the importance of China as the future economic superpower and leveraging on this conducive environment to do business in China, to tap on its relatively cheaper resources and huge domestic market.