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12 April 2024

King expresses hope for increased investment from Chinese companies in Malaysia



King expresses hope for increased investment from Chinese companies in Malaysia

Bernama

April 12, 2024
His Majesty Sultan Ibrahim presented with the Hongqi L5, a car manufactured in China, making him its inaugural owner worldwide. - FACEBOOK

King expresses hope for increased investment from Chinese companies in Malaysia

His Majesty Sultan Ibrahim presented with the Hongqi L5, a car manufactured in China, making him its inaugural owner worldwide. - FACEBOOK

KUALA LUMPUR: His Majesty Sultan Ibrahim King of Malaysia expressed his hope for increased investment from Chinese companies within Malaysia as this will lead to the creation of more job opportunities for the people in this country.

His Majesty expressed this sentiment when receiving the Ambassador of China to Malaysia, Ouyang Yujing, who was accompanied by FAW Hongqi Global president Wang Lingyu, as well as renowned businessmen Tan Sri Lim Kok Thay and Datuk Lim Chee Wah today.

The audience with Sultan Ibrahim was to discuss bilateral relations between Malaysia and China as well as current issues related to both countries.

"In the meeting, His Majesty shared his thoughts on the direction of diplomatic relations between the two countries and emphasised the importance of identifying broader cooperation opportunities." according to a post on Sultan Ibrahim Sultan Iskandar Facebook page today.

In his post, Sultan Ibrahim highlighted China's status as one of the world's major economic powers and emphasised its significant role as a key trading partner for Malaysia.

As such, the King hopes that Malaysia will capitalise on its unique capabilities to maximize and enhance trade volume, foster technology exchanges and further expand its exports to China.

During the same meeting, His Majesty was presented with the Hongqi L5, a car manufactured in China, making him its inaugural owner worldwide.

This retro-styled vehicle, crafted by the FAW Group, is utilised by China's top leaders during state and diplomatic events.

--BERNAMA




Pic courtesy of Sultan Ibrahim Sultan Iskandar Facebook
Pic courtesy of Sultan Ibrahim Sultan Iskandar Facebook


When His Majesty Sultan Ibrahim, King of Malaysia, was presented a new Hongqi L5 luxury vehicle, becoming the first private owner of such a car, only the biggest enthusiasts probably would not have been left scratching their heads.

First launched in 2014 as basically a Chinese take on the Rolls Royce Phantom, the L5 exudes luxury (where else can you get a jade inlay handlebar?) with a performance to match.

The standard L5 (let's face it, this is the King we're talking about, so he may not have gotten the standard version) is packed with modern features such as LCD screens, all while paying tribute to classic designs, such as the vertical bars on a new 3D "straight waterfall type" front grille and gun barrel-shaped halogen head lamps.

Makers FAW Hongqi say the L5 is a perfect fusion of tradition and modernity in time and space, which endows the limousine with an unsurpassed grandeur.

Through a combination of modern techniques and traditional crafts, the wooden parts of the limousine bring to its interior charming elegance. With the straight wood grain accompanying natural lacquer, the interior of the limousine, while looking so naturally complete, displays a poetic beauty, they say.

It is powered by the first indigenously self-developed, Hongqi V-type, 12-cylinder, total-aluminium engine which adopts a V-type 60-degree angle, with four valves on each cylinder, independent air vent systems and low speed with high torque reaching 440Nm/1000rpm.

FAW Hongqi claims the engine provides a perfect combination of energy-saving techniques, light-weight design, vibration noise control and robust power output.

A double wishbone independent front suspension, accompanied by H-type multi-link rear suspension, giving it excellent controllability and stability, even on bumpy roads.

The 20-inch, nine-spoke wheels, added to the road handling experience.

The seats are leather (of course), with a five-shift heating and three-shift ventilation system, and massage function to boot.

And the price? Well, FAW Hongqi's website doesn't list it, but one reputable auto website has put it at just under US$700,000, meaning it is more expensive than the Phantom.

NST

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