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Guangxi accelerates the construction of China-ASEAN Industrial Cooperation Zone to promote cross-border industrial chain cooperation

2024-08-20

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[ASEAN Special Line] Guangxi accelerates the construction of China-ASEAN Industrial Cooperation Zone to promote cross-border industrial chain cooperation

Nanning, August 20 (China News Service) (Reporter Huang Yanmei) As the frontier and window of China's opening-up and cooperation with ASEAN, the Guangxi Zhuang Autonomous Region has accelerated the construction of the China-ASEAN Industrial Cooperation Zone to create a cross-border and cross-regional industrial chain and supply chain. According to information provided by local officials on the 20th, there are 1,221 projects under construction in the China-ASEAN Industrial Cooperation Zone, and an investment of 70.1 billion yuan (RMB, the same below) was completed in the first seven months of this year.

Guangxi officials held a site promotion meeting for the construction of industrial parks in the region in Nanning on the same day. From January to July this year, the operation of Guangxi's industrial parks continued to improve, and the main indicators achieved rapid growth. The total industrial output value and industrial investment of industrial parks above designated size in the region reached 1.21 trillion yuan and 145.5 billion yuan respectively, up 10% and 6% year-on-year.

Guangxi is the only province in China that is adjacent to ASEAN by land and sea, and is an important gateway for the organic connection of the "Belt and Road". The China-ASEAN Industrial Cooperation Zone includes seven areas, namely Nanning, Beihai, Fangchenggang, Qinzhou, and Yulin. It has obvious location advantages in land and sea channels, and many areas have achieved seamless transportation connection with ASEAN countries.

According to reports, 60 companies have signed contracts to enter the China-ASEAN Digital Economy Industrial Park with a total investment of about 5.8 billion yuan; the Guangxi Fangchenggang offshore wind power demonstration project with a total investment of about 24.5 billion yuan has a cumulative power generation of more than 160 million kilowatt-hours; Digital Guangxi Group, relying on the Pingxiang border industrial park and the distance advantage of Vietnam's "2-hour economic circle", explored the development of the China-ASEAN electronic products supply chain comprehensive service platform project to create a convenient export channel for Chinese electronic products.

Nanning Mayor Hou Gang said that Nanning has accelerated the construction of projects such as the International Science and Technology Industrial City, accelerated the construction of the China-ASEAN cross-border industrial integration development cooperation zone, and made substantial progress in the construction of the Nanning (Shenzhen) ASEAN Industrial Cooperation Zone. At present, emerging industries in Nanning continue to gather, with BYD as the leader, and the entire battery industry chain including positive and negative electrode materials, aluminum copper foil, and battery cell manufacturing has begun to take shape, making Nanning an important gathering area for China's new energy industry.

Qian Zhigang, president of Shanghai Huayi Holding Group Co., Ltd., said that Guangxi has good location, policy and resource advantages. Huayi Group chose to build an integrated chemical new material base in Qinzhou, Guangxi in 2017. The total planned investment of the project exceeds 90 billion yuan, covering the four major industrial chains of coal chemical industry, light hydrocarbon cracking, salt chemical industry and petrochemical downstream. At present, the first and second phase projects have been successfully put into production, forming a strong industrial cluster effect. It is expected that the output value of the project will exceed 100 billion yuan after it is fully completed and put into production. (End)