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Deepening production capacity Cooperation and Building "Belt and Road Initiative" A series of activities on China-ASEAN capacity and investment cooperation were held in Nanning
Sep 18,2021 15:56CST

On September 10, jointly sponsored by the National Development and Reform Commission and the government of Guangxi Zhuang Autonomous region, the "China-ASEAN capacity and Investment Cooperation Series" jointly sponsored by the International Cooperation Center of the National Development and Reform Commission, the Guangxi Zhuang Autonomous region Development and Reform Commission and the Secretariat of the China-ASEAN Expo was held in Nanning, Guangxi. As an important series of activities held during the 18th China-ASEAN Expo, a series of China-ASEAN capacity and investment cooperation activities have been successfully held for seven times to carry out capacity and investment cooperation between China and ASEAN countries. The joint construction of "Belt and Road Initiative" has set up a platform for exchange, sharing and interconnection, and promoted the landing of a large number of key projects of China-ASEAN capacity cooperation.

Join hands to build "Belt and Road Initiative"

Since last year, China and ASEAN countries have joined hands to fight the epidemic and made positive efforts to achieve a surge in bilateral investment and trade against the trend, which has become a bright spot in the field of international economy and trade after the outbreak of the COVID-19 epidemic. With China taking the lead in controlling the epidemic situation and the gradual relief of the epidemic situation in ASEAN countries, the degree of interdependence between China and ASEAN countries has increased significantly, and the role and position of China-ASEAN cooperation in building a new development pattern in China is becoming more and more important. Greater progress will also be made in China-ASEAN economic and trade investment and production capacity cooperation.

At the China-ASEAN Forum on production capacity and Investment Cooperation, the main forum of this event, Ning Jizhe, vice minister of the National Development and Reform Commission and director of the National Bureau of Statistics, attended and delivered a speech, summing up the positive results achieved in China-ASEAN cooperation over the past 30 years, and explained the important significance of China-ASEAN capacity cooperation in the "Belt and Road Initiative" initiative. He pointed out that China and ASEAN countries have a complete industrial chain and division of labor system with complementary advantages, valuable experience and mechanisms for cooperation in dealing with crises, and a good foundation for cooperation over the years. All these provide opportunities for deepening cooperation between China and ASEAN.

In the face of the huge impact brought by the COVID-19 epidemic and the complex changes in the international and domestic environment, China and ASEAN countries should work together to build a stronger and safer industrial chain and supply chain. Ning Jizhe said: next year marks the 30th anniversary of the establishment of dialogue relations between China and ASEAN. China looks forward to working with all parties to continuously deepen cooperation in production capacity and investment, and to prevent and resolve various risks and challenges.

Ning Jizhe put forward four suggestions on how to deepen China-ASEAN production capacity cooperation: first, to build a new pattern of open and inclusive regional economic cooperation. The second is to create a strong new chain of regional cooperation. The third is to stimulate the new driving force of regional development led by innovation. The fourth is to cultivate a new growth point for the green and incorruptible development of the regional economy.

"in the face of the future, the door of China's opening up will not be closed, but will only be opened wider and wider." Ning Jizhe said: "China welcomes enterprises from ASEAN countries and foreign countries to invest and set up business in China, share development opportunities, and achieve mutual benefit and win-win results. Let us jointly build a more open and resilient regional industrial chain and supply chain, jointly promote regional cooperation and development with East Asian characteristics, and jointly build a higher level of China-ASEAN strategic partnership. We will jointly build a closer China-ASEAN community with a shared future, provide more impetus for the sustained and stable recovery of the regional economy, and make greater contributions to the recovery and development of the world economy. "

As the permanent venue of the China-ASEAN Expo, Guangxi has, over the years, given full play to its role as the frontier window of China's opening up and cooperation with ASEAN, and actively promoted the omni-directional deepening cooperation between China and ASEAN in various fields. and achieved fruitful results. According to statistics, in 2020, the import and export volume of Guangxi and ASEAN reached 34.35 billion US dollars, an increase of 426 times over 1991, with an average annual growth rate of 23.2 percent, ranking first among the western provinces and regions. From January to July this year, Guangxi's imports and exports to ASEAN reached 25.76 billion US dollars, an increase of 45.3 percent over the same period last year.

"in recent years, Guangxi Zhuang Autonomous region has actively expanded economic and trade exchanges with ASEAN countries, actively participated in international production capacity cooperation, and made positive progress in a number of key cooperation projects. Foreign cooperation areas cover more than 80 countries and regions on five continents. Investment fields include metallurgy, automobile manufacturing, engineering infrastructure, electronic information and other equipment manufacturing industry." Qin Rupei, vice chairman of the people's Government of Guangxi Zhuang Autonomous region, said at the forum that from 2016 to 2020, the amount of agreed Chinese investment in Guangxi increased at an average annual rate of 32%, of which ASEAN countries were the main destinations for overseas investment in Guangxi.

In October 2013, President Xi Jinping delivered an important speech to the Indonesian Parliament, expressing his willingness to work with ASEAN countries to build the Maritime Silk Road in the new century and join hands to build a closer China-ASEAN community with a shared future. As an important open platform for China-ASEAN, the China-ASEAN Expo is the witness and promoter of the development of China-ASEAN relations, and China has remained the largest trading partner of ASEAN for 12 consecutive years.

"We will actively support the joint construction of 'Belt and Road Initiative'." In the keynote speech session of the Forum, diplomatic envoys from Malaysia, Indonesia, Cambodia, Laos and other countries affirmed the importance of deepening production capacity and investment cooperation between China and ASEAN countries. They also introduced the economic development and industrial development needs of their respective countries, and put forward opinions and suggestions on the next step to jointly deal with the challenges of the COVID-19 epidemic and promote the stable recovery of the global economy.

It is understood that since the epidemic, China has provided 190 million doses of novel coronavirus vaccine products to all ASEAN countries; in the 10 years since the establishment of the China-ASEAN Free Trade area, more than 90% of the goods between the two sides can enjoy zero tariff treatment; in 2020, 4596 trains have been opened for rail-sea intermodal transport along the new land and sea corridor in the western region, more than the total number of the previous three years; in the first half of this year, the bilateral trade volume exceeded 410 billion US dollars, an increase of 38.2% over the same period last year. With the continuous progress of sub-regional cooperation such as Lan-Mei Cooperation and the Eastern growth region of China-ASEAN, the determination of opening up and cooperation, mutual benefit and win-win cooperation between China and ASEAN to fight the epidemic has never changed, and it is bursting into vitality.

Solid progress in cooperation in non-ferrous industry

The reporter learned that among the participating enterprises in this China-ASEAN Expo and a series of activities, there are not a small number of enterprises from the non-ferrous metals industry. ASEAN countries are rich in non-ferrous metal resources, and there has always been close investment and cooperation between China's non-ferrous metal enterprises and ASEAN countries in resource development and other fields. in particular, many achievements have been made in development projects in Indonesia, Myanmar, Laos, Malaysia and other countries, which have not only greatly promoted local economic development and solved the employment problem, but also further increased the pace of Chinese enterprises to "go global".

With the further improvement of bilateral trade and investment liberalization and facilitation in the China-ASEAN Free Trade area, it has also provided a better investment environment for overseas development of enterprises. The opening up and cooperation between China and ASEAN has established a foundation and provided a guarantee for enterprises to invest and cooperate overseas. In the process of cooperation with ASEAN countries, the China-ASEAN Expo and a series of activities have played an important role, not only helping enterprises to expand the ASEAN market, but also providing opportunities for enterprises to participate in cooperation in key areas. " He Dengyue, manager of Malaysia Guandan Project Department of Chongqing Bosai Mining Group, told reporters.

As one of the main participants in the development of rare earth industry in Guangxi, Guangxi Huaxi Group is speeding up the pace of "going out" and striving to expand the market of ASEAN countries under the framework of China-ASEAN community with a shared future. Yin Hongxiang, secretary of the party committee and chairman of Guangxi Huaxi Group, said that Guangxi Huaxi Group will actively implement the "going out" strategy by promoting ASEAN rare earth resources exploration projects and ASEAN non-ferrous metal resources cooperative development projects. carry out omni-directional resource security and layout, at the same time build a bonded warehouse for rare earths and non-ferrous metals in the free trade zone, and create an important platform for the control and circulation of rare earth and non-ferrous resources between China and ASEAN.

Li Yunfeng, general manager of Duofuduo New Materials Co., Ltd., also said that the company will seize opportunities such as China-ASEAN community with a shared future and the construction of "Belt and Road Initiative", and have the courage to open up ASEAN, an emerging new energy industry market. to achieve the goal of mutually beneficial and win-win development.

Hanhe Renewable Resources (Holdings) Co., Ltd., which is committed to developing a renewable resources industrial park in Southeast Asia, recently reached an agreement with Thailand's CMP Green Technology Co., Ltd. to carry out exploratory cooperation in the operation of the park. "at present, all the preparatory work for the company's cooperation project in Thailand has been completed and is making every effort to promote the implementation of the project." Guo Siqing, deputy general manager and assistant general manager of Hanhe Renewable Resources (Holdings) Co., Ltd., said that the company's cooperation project with ASEAN countries has been carried out smoothly, which is also due to the consensus between China and ASEAN to build "Belt and Road Initiative" and promote low-carbon and sustainable development.

During this event, Vice Governor of Shanxi Province Wei Tao, Malaysian Ambassador to China Nu Silwan, Indonesian Ambassador to China Zhou Haoli, Cambodian Ambassador to China Kathy Sorda, first political Secretary of the Lao Embassy in China Su Caikun Gaola, and Senior adviser of the United Nations Development Program in China Liu Renfei delivered keynote speeches at the main forum in the form of "live + video". Yibin, deputy director of the International Cooperation Center of the National Development and Reform Commission, presided over the forum. More than 10 representatives of domestic and foreign enterprises and financial institutions, including Bank of China, China Railway Construction Group, China Gezhouba Group, China International Finance Co., Ltd., Malaysia success Group, Guangxi Beibu Gulf Port Group, Digital Guangxi Group, etc., spoke at the main forum. More than 200 people, including relevant government departments, enterprises and institutions, financial investment institutions, think tanks and representatives of diplomatic envoys of ASEAN countries to China, attended the forum in the form of "Nanning main venue + online cloud venue".

The series of activities also include capacity building for capacity cooperation in Lancang-Mekong countries-training courses on digital e-commerce cooperation, China-ASEAN symposium on "going global" enterprises, China-ASEAN cooperation on production capacity and investment and promotion meeting on cooperation and upgrading of China-Malaysia "two-country two-park" cooperation, China-ASEAN international economic and production capacity cooperation exhibition, etc., for a total of 4 days.

ASEAN
China
investment
production capacity

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