The establishment of Malaysia-China Business Council (MCBC) dates back to 2002 when the China-Malaysia Joint Business Council (JBC) was set up between China Council for the Promotion of International Trade (CCPIT) and a Malaysian entity which was witnessed by then Prime Minister, YAB Tun Mahathir and the Visiting Vice President of PR China, HE Hu Jintao. MCBC was subsequently incorporated formerly to strengthen the close relationship between Malaysia and China by promoting better understanding and closer coordination among enterprises and individuals for the overall benefit of the business communities of both nations.
MCBC provides business information and advisory services to Malaysia entrepreneurs in China as well as Chinese entrepreneurs in Malaysia. It also helps to identify issues and problems faced by the business community in order to find solutions acceptable to all parties. MCBC provides business information and help to explore opportunities for our members while at the same time, help Chinese investors to better understand Malaysia’s conducive business environment and investment potentials.
On April 2012, MCBC was officially registered as a legal entity in the form of a non-profit company limited by guarantee under the Companies Act 1965, and the Board of Directors held it first meeting on May 3 in the same year in accordance with the new Memorandum and Articles of Association, laying down a new milestone in MCBC’s history.