摘要 马来西亚正处在一个值得认真对待的时刻。一个正在电动化的八十万辆级汽车市场，一套在 2026 年主动向价值链上游调整的产业规则，加上区域内独一无二的三语内容生态与清真合规门户——这些条件叠加在一起，使马来西亚有条件从「货物经过的地方」，升级为区域产业与内容的双重枢纽。 与此同时，随着西部陆海新通道进入成熟运营，一类此前较少被讨论的合作方正在出现：具备完整工业纵深、并且刚刚获得自主出海通道的中国内陆产业腹地。本报告以中国重庆的产业与通道实践为例说明这一变化，并据此提出两件工具：「双落地」（产能落地 × 品牌落地）用以界定合作的形态，4R（关系 Relation、真实 Real、互惠 Reciprocity、扎根Rooted）用以衡量合作的成色。 贯穿全篇的判断只有一条：落地不等于扎根，而扎根的前提是互利共赢——马方股权、马方就业、马方能力，以及价值的双向流动。报告以本地制造承接、猫山王榴莲与吉利—宝腾三组证据说明，这套方法论已经在现实中跑通。

Kuala Lumpur - With the New Delhi summit having marked the high point of India's year as BRICS chair, attention is naturally turning to what China will bring when it takes over the chairmanship in 2027. Beijing has already given some early signals.

by Professor Dr Salawati Mat Basir & Kat W. Wong As the ten-year anniversary of the Permanent Court of Arbitration (PCA) award under Annex VII of United Nations Convention on the Law of the Sea (UNCLOS) approaches in July 2026, the diplomatic atmosphere in Southeast Asia is charged with anticipation and to some, anxiety. The Philippines which currently holds the 2026 chairmanship of the Association of Southeast Asian Nations (ASEAN) naturally seeks to leverage this mileston