Guangxi accelerates the construction of the China-ASEAN Cross-Border Economic Development Cooperation Zone | Business information

2023-09-16 05:00:00

NANNING, China, September 16, 2023 /PRNewswire/ — China News Service Guangxi Branch Correspondent: Huang Diemmei

Entering the China-Malaysia Qinzhou Industrial Park in Qinzhou City, Guangxi Zhuang Autonomous Region, China, you will see wide roads, busy traffic, and cranes working hard. The sound of machinery rumbling, the bustling scene of construction works unfolding before our eyes.

China-Malaysia Qinzhou Industrial Park is the third international industrial park built by the Chinese government in cooperation with foreign governments. Since its inception in 2012, the park, along with the Malaysia-China Kuantan Industrial Park in Kuantan, the capital of Pahang state on Malaysia’s east coast, has set an example of innovation in innovation. Economic cooperation between the two countries follows the model “Two countries, two industrial parks”.

This is a vivid reflection of the increasingly deep economic and trade cooperation between Guangxi and ASEAN countries. As the only Chinese province adjacent to ASEAN on land and at sea, and also the border gateway for exchange and cooperation between China and ASEAN countries, Guangxi has taken advantage of its “One” position. “Gulf connecting 11 countries, actively interacting East, West, Central” to strengthen economic cooperation with ASEAN countries, accelerating the construction of cross-border production and supply chains.

Chongtao City, Guangxi is the city with the most border ports in China and is the most convenient “southern gateway” from China to ASEAN. This city is promoting the construction of cross-border production and supply chains towards ASEAN, creatively cooperating with Vietnam to build the first Sino-Vietnamese “Two countries, two industrial parks” model, opening up new direction for mutually beneficial cooperation between the two countries. In particular, the Chinese side’s industrial park has a total area of ​​about 1,200 acres, with a total planned investment capital of 7.5 billion yuan, mainly developing industries such as information technology and intelligent voice interaction. smartphones, computer terminals, internet equipment, etc. Currently, many businesses have come to this industrial park to invest capital.

Nanning, the capital of Guangxi, is China’s closest provincial capital to ASEAN, and is also the central city of China-ASEAN cooperation. This city has proposed to take advantage of its geographical location and market opening, promote complementary industries in the production chain with ASEAN countries, and promote the construction of a Cooperation Zone. China-ASEAN cross-border economic development. The city will focus on industries such as new energy, new energy cars, electronic information, etc. To the west and south, developing in parallel with the Guangxi border port industrial park through the Nanning-Vietnam Economic Corridor and the Binh Luc Canal Economic Belt. To the east, strengthen cooperation with the Eastern Yangtze River Delta and Pearl River Delta regions, such as Shanghai and Shenzhen, thereby forming the model of “Domestic research and development + production in Nanning + assembled in ASEAN”.

China and ASEAN are important manufacturing factories in the world. The strong growth of bilateral trade relations will bring great prospects for the strong integration of production chains, supply chains and value chains in the region. Mr. Zhang Shaoqiang, Vice Chairman of the China International Trade Promotion Commission, recently announced at the China-ASEAN Cross-Border Supply Chain Development and Innovation Forum held in Nanning that the Economic and trade relations between China and ASEAN are becoming increasingly deeper. ASEAN has become China’s largest trading partner for three consecutive years, forming an “I am in” cooperation landscape. you, you are in me”. Both sides have a solid foundation and an urgent need to build a stable and effective China-ASEAN production and supply chain.

A representative of the Guangxi government announced that Guangxi will implement the strategy of upgrading the free trade pilot zone, strongly developing the marine economy, accelerating the construction of the canal economic belt, and strengthening port construction. China-ASEAN information, Nanning Model Aviation Economic Zone and other open platforms, and promote the upgrading of the China-ASEAN Expo, China Business and Investment Summit- ASEAN, promote the construction of the China-ASEAN Cross-Border Economic Development Cooperation Zone. In addition, Guangxi will build a sample project cluster to implement the Regional Comprehensive Economic Partnership (RCEP) with high quality, accelerating the construction of effectively connected cross-border production and supply chains. with ASEAN countries. (Run out of)

SOURCE Guangxi Branch of China News Agency