China (Guangxi)-Malaysia Palm Oil Industry Development Summit Forum was held

On September 17, sponsored by the Ministry of Plantation and Raw Industry of Malaysia and the People's Government of Guangxi Zhuang Autonomous Region, organized by the Malaysian Palm Oil General Administration, the Malaysian Palm Oil Commission, the Malaysian Palm Oil Certification Committee, the Malaysian Foreign Trade Development Authority, the China-ASEAN Expo Secretariat and the Department of Commerce of Guangxi Zhuang Autonomous Region, and supported by the Ministry of Commerce of China, the Embassy of Malaysia in China, the Consulate General of Malaysia in Nanning and Rizhao Senda Oil and Fat Co.

Taking Malaysia's role as the theme country of the 19th China-ASEAN Expo (hereinafter referred to as the East Expo) as an opportunity, the forum focuses on "sharing new opportunities in RCEP and boosting the construction of China-ASEAN Free Trade Area version 3.

Malaysian Minister of Plantation and Origin Industries Datuk Zulaida, Assistant Minister of Commerce of the People's Republic of China Li Fei, Malaysian Ambassador to China Raja Datuk Nusilwan, Vice Chairman of Guangxi Zhuang Autonomous Region Fang Chunming, Malaysian Palm Oil Directorate Datuk Bavis, and Malaysian Palm Oil Commission Chairman Datuk Sun Weixuan delivered speeches at

Sun Weixuan said in his video message that Malaysia established diplomatic relations with China in 1974, and over the years, the two countries have further strengthened their partnership through various regional trade institutions under the framework of the ASEAN-China Free Trade Agreement and RCEP, and Malaysian palm oil and its related products are one of the

Datuk Baviz said that China is one of the world's largest palm oil markets, providing huge opportunities for the oil palm industry, and there are many new business potential

Fang Chunming said in his speech that Guangxi is the forefront and window of China's opening up and cooperation with ASEAN, and Malaysia's industry is highly complementary, and in the context of Sino-Malaysian friendly cooperation, Guangxi has given full play to its unique location and resource advantages, actively promoted pragmatic cooperation with Malaysia in various fields, and achieved positive results, and also proposed to strengthen economic and trade cooperation and share new opportunities for regional development; Deepen two-way investment and jointly build a cross-border industrial chain supply chain; Close communication and exchanges to promote the high-quality development of the palm oil industry three-point initiative, hoping to use palm oil as a fulcrum to leverage greater cooperation

In his speech, Raja Datuk Nusilwan said that Malaysia is China's ninth largest trading partner, palm oil and palm oil products are still an important part of bilateral trade between China and Malaysia, palm oil not only has a unique nature that makes it incomparable, but also the trade opportunities provided by the palm oil industry, the jobs created should not be ignored

Li Fei mentioned in his video speech that China and Malaysia are not only good neighbors across the sea, China has become Malaysia's largest trading partner for 13 consecutive years, Malaysia is China's second largest trading partner in ASEAN, and after the mutual implementation of RCEP, bilateral trade has maintained a rapid development momentum

In his speech, Datuk Zuleda said that palm oil is not only an important pillar of Malaysia's socio-economic development, but also plays an important role

The launch ceremony of red palm oil in the Chinese market was jointly initiated

Witnessed by Malaysian Ambassador to China Raja Datuk Nusilvan, Vice Chairman of Guangxi Zhuang Autonomous Region Fang Chunming, Malaysian Consul General in Nanning Azrimi and other guests, Datuk Dabe, Chief Executive of the Malaysian Palm Oil Certification Committee, signed a Memorandum of Understanding on Cooperation on Promoting Sustainable Development and Technology of Palm Oil with Xu Qiang, Vice President of Grand Industrial Holdings Limited, He Chengzhong, Chairman of Fuzhou Lao He Jia Trading Co.

Group photo of the guests

In his speech, Cao Derong, President of the China Chamber of Commerce for Import and Export of Food, Native Livestock, analyzed the trade of agricultural products between China and Malaysia, the trade of palm oil between China and Malaysia, and made a prospect

The guest speaker of the forum, Professor Xu Xuebing, Chief Scientist of Yihai Kerry Group, delivered a keynote speech

Datuk Dabe, CEO of the Malaysian Palm Oil Certification Council, gave a video presentation on "Latest Trends in the Sustainable Palm Oil Industry in Malaysia", detailing the main elements of the MPSO certification scheme, including the conservation of forests and biodiversity, as well as support for smallholder farmers, demonstrating the Malaysian government's commitment and efforts

Yang Junhao, General Representative of the Malaysian Palm Agency in China, introduced the nutritional value of red palm oil, its multiple uses in the market and its wide use in food and health-related industries, demonstrated the nutritional composition of carotenoids and tocotrienols, which make red palm oil have natural antioxidant and anti-cancer functions, and discussed the cutting-edge applications and business opportunities

It is reported that nearly 200 representatives from large and medium-sized state-owned enterprises, industry associations, upstream and downstream enterprises in the palm oil industry participated in the forum, and the participants conducted a comprehensive understanding of the development of the palm oil industry in China and Malaysia through this forum, effectively promoting the development and cooperation

(Wang Jingchen)

Responsible editor: Xiao Zhihan Review: Wang Jinchen