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In the first half of 2024, trade between China and ASEAN soared to 3.36 trillion yuan ($463 billion), marking a 10.5% year-on-year increase. A significant player in this growth is palm oil, one of China’s most important edible oil imports. Malaysia stands out as the second largest source of palm oil for China, trailing only behind Indonesia.
At a recent Malaysia-China Green Value Chain Partnership roundtable dialogue event, CGTN’s Emma Ho engaged with industry representatives and government officials to explore how the burgeoning palm oil trade is advancing the green agenda. The discussions highlighted sustainable practices and innovations aimed at reducing environmental impact while meeting the rising demand for palm oil in China.
This partnership underscores the commitment of both nations to fostering a greener future through collaborative trade efforts. By prioritizing sustainability, the Malaysia-China palm oil trade not only boosts economic ties but also contributes to global environmental goals.
