This paper explores the similarities and differences between the economic development models of China and Malaysia so as to find their complementarities and promote further cooperation. We find that their ideas of development are highly consistent, and the economic structures of the two countries are highly similar. The government has played a positive role, and the compatibility of cultural ideas has become the source of internal coordination in the economic development of the two countries. Meanwhile, there exists essential differences as socialist market economy and capitalist market economy in their economic systems.

Lan Qihong. Initial Analysis on the Economic Development Model of China and Malaysia. Frontiers in Educational Research (2020) Vol. 3 Issue 15: 116-121. https://doi.org/10.25236/FER.2020.031523.

[1] Chen Yongchang (2010). China’s Reference and Reflection on the Four International Economic Development Models [J]. Economy and Trade in the Northern Areas, vol.4, no. 6, pp.1-2.
[2] Ding Weimin, Yang Guolei (2011). Discussion on Economic Development Model of China [J]. Heilongjiang Social Sciences, vol.23, no.2, pp.35-39+163.
[3] Gao Huiqing, Hao Yanfei (2013). Creating a New Model of China’s Economic Development [J]. China Finance. vol.12, no.10. pp. 61-63.
[4] He Ying (2017). A Brief Analysis of the Enlightenment of The East Asian Model to China’s Economy Under the New Normal [J]. Business Condition. vol.17, no.19, pp.80.
[5] He Zili(2018). Basic Experiences in Forming China’s Economic Development Model in the Past 40 Years of Reform and Opening [J]. China Review of Political Economy, vol.4, no.9, pp.77-83.
[6] Hu Haiyang, Yao Chen (2015). Analysis and Reference of German Social Market Economy Model. Economic Research Guide [J]. vol.10, no.4, pp.275-276.
[7] Huang Muxian (2013). Research on China’s Circular Economy Development Model. Business [J]. vol.08, no.14, pp.273.
[8] Jing Hongxia (2017). The Influence and Enlightenment of the Soviet Model on China’s Economy in the Early Days of the Founding of China. Productivity Research [J]. vol.12, no.4, pp. 95-98.
[9] Lou Wei (2009). Analytical Framework of Chinese Model and Its Significance. Academic Exchange [J]. vol.04, no.19, pp.28-31.
[10] Qi Yirong(2014). Theoretical Exploration of China’s Economic Development Model. Scientific and Technological Innovation and Application [J]. vol.14, no.3, pp.233-233.
[11] Tu Ying (2009). Comparisons and references: An Introduction to the world market economy model and its enlightenment to Chinese Model. Journal of Chengdu Institute of Administration [J]. vol.8, no.2, pp.55-59.