From 7 to 9 May 2014, Mr. Mouvixay Palee, Deputy Director of Trade and Investment Division of ASEAN-China Centre (ACC), led his team to Linyi City, Shandong Province, and held talks with Mr. Bian Feng, Vice Mayor of Linyi City and Mr. Yao Ming, Director of Administrative Committee of Linyi Wholesale City respectively. Both sides exchanged views on the internationalisation of Linyi City, the establishment of the ASEAN Products Trade Centre in Linyi and the promotion of economic and trade relations between Shandong Province and ASEAN. This visit also marked the start of discussions on reaching a MOU of setting up the Trade Center.
Mr. Mouvixay briefed the Linyi side on ACC’s efforts and work plans in promoting trade and investment between ASEAN and China, and elaborated in details on its initiative of establishing an ASEAN Products Trade Center in Linyi. He hoped that, by taking full advantage of the preferential policies under the ASEAN-China FTA and the well-developed logistics of Linyi, enterprises of both sides could explore and enlarge their shares in each other’s market, so as to further promote the development and upgrading of ASEAN-China economic and trade relations. Mr. Mouvixay also emphasised that economic cooperation had become a bright spot of the ASEAN-China win-win cooperation in the past decades with vast potentials and a broad future. Leaders of both sides had set the target for trade volume to reach USD1 trillion by 2020 and a growth of two-way investment up to USD150 billion in the coming eight years. Acting as the only inter-governmental organization and a centre staffed by both China and ASEAN Member States, ACC will play an active role in matching competitive industries and facilitating bilateral trade by setting up a reliable and efficient stage for exchange in trade and investment.
In his presentation, Vice mayor Bian Feng said that Shandong Province enjoyed close economic relations with ASEAN, and ASEAN was the second largest trade partner of Shandong Province with a total trade volume of USD 30.9 billion in 2013. Linyi is the largest City of Shandong Province and accommodates the largest market cluster in China. Thanks to its advantageous geographic location, easy access to all traffic means and highly efficient logistic system, the city has become the biggest wholesale market in Northern China. Mr. Bian further pointed out that Linyi would be an ideal platform to showcase ASEAN products once the Trade Centre was completed. He emphasized Linyi’s sincere willingness to cooperate with ACC to set up the Trade Centre, which would speed up the internationalisation of the City and contribute to the development of economic and trade relations between Shandong and ASEAN.
During the visit, ACC delegation also held talks with related governmental departments on business facilitation. Officials from the administration of foreign exchange, foreign affairs office, customs, immigration, quarantine and tax bureau also provided substantial information at the meeting.
The ACC delegation, accompanied by Ms. Yue Lijuan, Chairman of China Council for the Promotion of International Trade, Linyi Sub-Council, visited the Linyi Wholesale City, Linyi Conference and Exhibition Centre, Linyi International Sourcing Centre, Linyi Import and Export Products Exhibition Centre, Linyi (Dry) Port and the International Trade Service Centre.
The ACC delegation also took the opportunity to visit local enterprises such as Xinghai Technology Corporation and Luyuan Electric Vehicle Corporation with a view to exploring ACC’s role to help competitive Shandong’s enterprises to invest in ASEAN Countries.