Malaysia and China are set to enhance their collaboration in palm oil supply chains, technological innovation, and market expansion in 2023. The partnership will focus on industry upgrading, expanding palm oil applications in various sectors, and developing more nutritious edible palm oil, healthier personal care products, and environmentally-friendly biofuels. This collaboration aims to accelerate the commercialisation of high-value palm oil products, providing Chinese consumers with superior-quality products. In 2024, Malaysia's palm oil and palm-based product exports to China are projected to reach a value of RM10.57 billion.