ACC Secretary-General Attended China-Indo-China Peninsula International Economic Corridor (Nanning-Singapore) Cooperative Development Roundtable Conference

Source:ASEAN-China Centre

On 18 September 2015, the Conference of China-Indo-China Peninsula International Economic Corridor (Nanning-Singapore) Cooperative Development Roundtable was held in Nanning, Guangxi Zhuang Autonomous Region, with theme on "Connectivity, Cooperative and Win-win Cooperation". The Conference was jointly hosted by ASEAN-China Centre (ACC), the People's Government of Guangxi Zhuang Autonomous Region and China-ASEAN Expo (CAEXPO) Secretariat, and organized by the Beibu Gulf Economic Zone Cooperative Office. It was one of the series of activities at the 12th CAEXPO.

 ACC Secretary-General H. E. Mme. Yang Xiuping attended the opening ceremony and delivered a speech. H. E. Mr. Li Bin, Vice Chairman of CPPCC of Guangxi Committee, H.E. Mr. Leng Yjun Yuthea, Deputy State Secretary of Ministry of Public Works and Transport of Cambodia, H.E. Mr. Toe Aung Myint, Executive Secretary of MOFCOM of Myanmar, Mme. Jia Xinning, Deputy Country Director of ADB PRC Residence Mission, Mr. Dinh Thi Ninh Giang, Deputy Director of Ministry of Planning andInvestment of Viet Nam, in total of more than 100 participants from the governmental organizations as well as the financial institutions attended the Conference.

Vice Chairman Li Bin expressed his warm congratulations to the Conference and expressed that Nanning-Singapore Economic Corridor was an important part of the China-Indo-China Peninsula international economic corridor. It was connecting China with Cambodia, Laos, Malaysia, Thailand, Singapore and other countries, and adjacent to the sea ports of Pan Beibu Gulf countries. It could connect the region of Guangdong, Hong Kong and Macao to the east, the silk road economic belt to the west, and connect Eurasia railway to the north. It was an important economic corridor which served as a transnational economic belt to double connecting the “One Belt One Road” strategic plan as well as connecting China Pan Pearl River Delta region and the Indo-China Peninsula countries. He suggested the related parties to strengthen communication and coordination, reach consensus in actively making early harvest plan, scientifically select line programmes, accelerate a realization of connectivity and lead the countries along the belt to cooperate in various areas of the pilot projects.

Secretary-General Yang delivered a speech, expressing that the construction of China-Indo-China Peninsula Economic Corridor was one of the six major economic corridors. It was the major task for China and the "along the way" countries. She believed that with a facilitation of customs clearance and an acceleration of a promotion mechanism, the future of this economic corridor would certainly have a huge boost to the development of the country and the region. It would play a significant role to support the building of ASEAN Community, as well as deepen China-ASEAN relations. She said that deepening ASEAN-China Strategic Partnership and strengthening the construction of connectivity were common interests of both sides. Relevant parties should work together to gather wisdom, make abold exploration, and actively promote the realization of policy communication, road Unicom, trade flow, capital flow and the common people interlinked, so that the Pan Beibu Gulf economic cooperation, China-Indo-China corridor building would become a "Beautiful Scenery". This would elevate ASEAN-China cooperation into the new stage and to achieve further breakthroughs.

Mr. Leng Yjun Yuthea, Deputy State Secretary of Ministry of Public Works and Transport of Cambodia, expressed that the Nanning-Singapore corridor construction attracted great attention from ASEAN countries. Building of “One Belt One Road” and the Asian Infrastructure Investment Bank (AIIB) was conducive to the economic development of the countries along the line. He said ASEAN countries not only cooperate with China in the field of trade, but also in the infrastructure construction, mutual complementary advantages, capacity building, information sharing and other fields, which had helped achieve capital and talents flow and realize the facilitation of transport and trade.

In his speech, Mr. Toe Aung Myint, Executive Secretary of MOFCOM of Myanmar, expressed that the government attached great importance to the ties with the GMS and Bangladesh, China, India and Myanmar corridor members. Myanmar was between China and India. Kyaukpyu port was access to the sea of inland trade. It was the shortest route between China and India. China was the largest trading partner of Myanmar of which the bilateral trade accounted for 35 percent of its total trade and border trade with China accounted for 80 percent of the total.

The participants fully discussed on the prospects and new opportunities relating to jointly build "One Belt One Road" with China-Indo-China Peninsula International Economic Corridor (Nanning-Singapore) cooperation, development, fields and focus areas, industrial cooperation and transnational (border) economic and trade zone. The Roundtable Conference announced the consensus of "China and Indo-China Peninsula International Economic Corridor (Nanning-Singapore) cooperation in the development of Nanning", projecting on the future direction of cooperation, and carrying out preliminary planning study, and urged to push the cooperation in the economic corridor construction into ASEAN-China Strategic Partnership.