National Development and Reform Commission: China and ASEAN should enhance mutual trust and promote in-depth integration of industrial and supply chains

The China-ASEAN Capacity and Investment Cooperation Forum was held in Nanning, Guangxi during the 20th China-ASEAN Expo. The theme of this forum is "Enhancing the level of China-ASEAN industrial and supply chain cooperation and promoting mutually beneficial and win-win development of the regional economy." Cong Liang, deputy director of the National Development and Reform Commission, attended the forum and delivered a keynote speech. Cong Liang pointed out that at present, the China-ASEAN comprehensive strategic partnership has a good momentum of development since policy communication, bilateral and multilateral cooperation mechanisms, industrial cooperation, connectivity cooperation, and regional economic integration have been deepened continuously. All-round economic and trade pragmatic cooperation achieved fruitful results. In the next step, both sides should enhance mutual trust, enrich and develop practical cooperation in new practices, and strive to build an economic growth center to promote the deep integration of industrial and supply chains and improve the quality and efficiency of interconnection and cooperation. We should promote mutually beneficial and win-win development of the regional economy by deepening innovation cooperation in the digital economy and seizing opportunities for green economic development.