KUALA LUMPUR: Malaysia is preparing to improve its energy sector by learning from China's successful practices, says Energy Transition and Water Transformation Minister Datuk Seri Fadillah Yusof.
Fadillah - who is also the Deputy Prime Minister - said that there is potential for Malaysian energy companies to adopt new technologies and innovations from China.
He said that it is important for Malaysian companies to collaborate closely with China, as it offers local companies a chance to use their technology for sustainable growth.
"I have been impressed by China’s efforts in advancing its energy transition within the framework of its new economic development," he said.
According to the International Energy Agency, China has achieved significant milestones, with renewable energy capacity expanding at an approximate annual rate of 12%, and the number of electric vehicles on the road growing by about 20% each year.
"These efforts offer Malaysia a chance to learn and adopt best practices for a fair and equitable energy transition, aligning with the National Energy Transition Roadmap," he added.
He also mentioned that during Prime Minister Datuk Seri Anwar Ibrahim's recent visit to China, both countries agreed to focus on clean and renewable energy, signing 14 agreements to work together in these areas.
"There are plenty of opportunities for our energy industry to explore new technologies and solutions. By partnering with China, we can drive sustainable growth in Malaysia's energy sector," Fadillah said.
Looking ahead, Fadillah said the Malaysia-China partnership is set to evolve further, focusing on emerging sectors such as green technology, digital innovation, and sustainable development.
"Trade liberalisation and economic globalisation will be key drivers in this evolution. China's increasing technological adoption, particularly in areas like artificial intelligence, blockchain, and the Internet of Things, sets a precedent that Malaysia can follow to enhance its own technological landscape," he said.
"Our strategic collaboration with China will enable us to leverage their technological advancements to drive sustainable growth in Malaysia. This partnership will also promote trade liberalisation, allowing both nations to benefit from shared innovations and economic opportunities," he added.
These efforts align closely with the WAPC's theme of 'Promoting Trade Liberalisation, Advancing Economic Globalisation.'
Fadillah also expressed gratitude to MCA, the Malaysia-China Friendship Association, and the China Enterprises Chamber of Commerce in Malaysia for organising the conference.
He called on international delegates to explore Malaysia’s rich cultural heritage and natural beauty.
"I hope the conference will lead to impactful outcomes, reaffirming a shared commitment to sustainability, inclusivity, and mutual progress," he said.
