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Guangxi will deepen ASEAN cooperation and jointly build a new channel for international trade

2023-02-15

"In 2023, with the in-depth implementation of the Regional Comprehensive Economic Partnership Agreement (RCEP) and the acceleration of the construction of the China-ASEAN Free Trade Area Version 3.0, Guangxi and ASEAN will have a broad prospect of cooperation in sharing large-scale markets, further playing complementary advantages, rationally allocating production factors, and tightening the supply chain value chain of the industrial chain. We are willing to work with all parties to further deepen trade and investment cooperation and jointly build a new channel for international trade." Yang Chunting, director of the Department of Commerce of Guangxi Zhuang Autonomous Region, said on January 18.

The Department of Commerce of Guangxi Zhuang Autonomous Region and the Consulate General of ASEAN in Nanning held a spring tea group visit in Nanning. The guests gathered together under the theme of "Joining hands in the new era, welcoming new opportunities, and building a new home" to jointly review the new achievements of economic and trade cooperation between Guangxi and ASEAN last year, and conduct in-depth exchanges on how to deepen regional economic and trade cooperation in the future.

In his speech, Yang Chunting said that next, Guangxi would like to give full play to the advantages of numerous water and land ports and overlapping open policies to provide more convenience for ASEAN agricultural products to China, work together with ASEAN parties to expand agricultural products trade, and jointly build a full-chain cross-border supply chain of production, transportation and marketing.

"Focusing on key areas of cooperation, we will continue to actively organize enterprises to conduct business visits and industrial investment in ASEAN countries. We also welcome enterprises from ASEAN countries to invest in Guangxi's advantageous industries such as steel, new metal materials, equipment manufacturing, new chemical materials, sugar manufacturing, and deepen cooperation in new areas such as digital economy and green economy," Yang Chunting said.

Yang Chunting also hoped that the participating consular officials would actively play the role of a bridge, jointly promote the establishment of an effective cooperation mechanism between the domestic commercial departments, local governments and Guangxi, promote the joint construction of new channels of international trade, and deepen the development of economic and trade cooperation. Continue to deepen the cooperation mechanism of the Joint Cooperation Council of China (China) and Malaysia (Malaysia) "two countries and two parks", promote the establishment of the joint development mechanism of China and Vietnam "two countries and two parks", accelerate the construction of the Chongzuo Industrial Park of China and Thailand, and explore the establishment of more platform cooperation projects with other ASEAN countries.

The Consul General of the Royal Thai Consulate General in Nanning, Bingama Tavetayan, said that Thailand is willing to strengthen win-win cooperation with Guangxi in the fields of trade and investment, focusing on strengthening the development and cooperation in the fields of digital economy, smart logistics and so on. She is very looking forward to the accelerated opening of more ports such as Longbang and Shuikou.

The Consul General of the Consulate General of the Republic of Myanmar in Nanning, Kyaw Sueden, said that Myanmar is willing to expand cooperation with Guangxi in economy, trade, investment and technical cooperation, and attract investment in manufacturing, energy and service industries.

Du Nanzhong, Consul General of the Consulate General of the Socialist Republic of Vietnam in Nanning, said that the economic and trade relations between Vietnam and Guangxi are inseparable. As China optimizes the epidemic prevention and control measures, Vietnam welcomes Guangxi to actively send a delegation to Vietnam to jointly explore business opportunities.

Long Watana, Acting Consul General of the Royal Consulate General of Cambodia in Nanning, said that Cambodia hopes to strengthen cooperation with Guangxi, pave the way for Cambodian products, especially agricultural products, to enter the Chinese market through Guangxi, and promote the joint construction of a new channel for international trade.

According to the data provided by the Department of Commerce of Guangxi, in 2022, Guangxi continued to promote economic and trade cooperation with ASEAN to a new level, with the import and export volume of international trade with ASEAN reaching 281.11 billion yuan. Among them, the import and export of international trade to the Philippines, Singapore, Cambodia, Indonesia and Myanmar increased by 128.4%, 99.1%, 88.3%, 73.8% and 68.6% respectively year on year.

The event also invited representatives of Brunei Guangxi General Chamber of Commerce, Laos National Chamber of Commerce and Industry and the China-Laos Business Cooperation Promotion Committee, Myanmar Guangxi General Chamber of Commerce, Thailand Guangxi General Chamber of Commerce and so on to participate in the ASEAN Business Association.


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