Hunting forward to the 19th China-ASEAN Expo: sharing the new chances of the RCEP and adding new momentum to China-ASEAN cooperation – Xinhua English.news.cn

Xinhua Information Agency, Beijing, August 29, Headline: Awaiting 19th China-ASEAN Expo: Sharing RCEP’s New Possibilities and Offering New Impetus to China-ASEAN Cooperation

Xinhua News Company reporters Xie Xiyao and Zhu Lili

The 19th China-ASEAN Expo and China-ASEAN Company and Financial commitment Summit, with the very same theme of “Sharing New Alternatives of RCEP and Boosting China-ASEAN Totally free Trade Area 3.”, will be held in Nanning, Guangxi, from 16th to 19th September. What will be the difference among this year’s CAEXPO and the summit? At the press meeting held by the Point out Council Info Business office on the 29th, officials from the Ministry of Commerce, the Chinese Council for the Marketing of Global Trade and the Guangxi Zhuang Autonomous Region offered the suitable predicament.

Conspiracy for “new opportunities”: the exhibition space has returned to the degree it was before the epidemic

This yr is the first yr of the China-ASEAN Detailed Strategic Partnership, the first 12 months of the Regional Comprehensive Financial Partnership (RCEP) entry into force, and building of version 3. of the China-ASEAN Absolutely free Trade Place is about to start off.

Zhang Shaogang, Vice President of the Chinese Council for the Promotion of Global Trade, reported that, in this context, the success of this year’s China-ASEAN Expo and Summit will be critical to further reinforce and fortify the pragmatic cooperation amongst the circles. economic economic things of China and ASEAN in the new problem and the creation of a closer China-ASEAN local community of shared potential will perform a constructive function in advertising and marketing.

Cai Lixin, Member of the Standing Committee of the Celebration Committee and Government Vice President of the Guangxi Zhuang Autonomous Location, launched through a video that the enthusiasm of enterprises to participate in the exhibition is large under the new alternatives. At this time, the exhibition of the Finished the China-ASEAN Expo, with a complete exhibition space of ​​102,000 sq. meters, of which the foreign exhibition area signifies approximately 30% of the pre-pandemic stages.

Introducing “new characteristics”: escalating internationalization

“The China-ASEAN Expo will be on line during the calendar year, the China-ASEAN Economic and Trade Centre will be officially operational, and the China-ASEAN Exclusive Commodities Convergence Centre will be inaugurated all through the Expo, offering displays for sale and normalized viewing, developing an limitless China-ASEAN Expo, “mentioned Cai Lixin.

The constant growth of new partners and the developing internationalization of the good are an critical characteristic of this year’s CAEXPO. In accordance to Cai Lixin, it is the very first time that Vietnam has reserved a pavilion and the need and arrive at of exhibition stands in Laos, Myanmar, Singapore and the Philippines have amplified significantly. There are 29 provinces (autonomous areas and municipalities) and 5 cities with independent condition organizing in China, as perfectly as Hong Kong and Macau.

In the context of the implementation of the RCEP, the present CAEXPO and the Summit will highlight the objective and features of China-ASEAN cooperation and increase cooperation with RCEP nations around the world such as Japan and South Korea.

In accordance to reports, South Korea will serve as this year’s specifically invited partner, setting up the South Korean Countrywide Pavilion for the initial time and organizing the “Korean Business Guangxi Tour” for the 1st time. All through the conference, the “Japanese Enterprises Tour in Guangxi” will go on to acquire spot. In addition, providers from 17 international locations, such as France, participated in the “Belt and Highway” exhibition space and 22 provinces and cities from 18 countries, including Italy, participated in the “Guangxi International Friendship Cities Entering the East Expo. “.

The ‘new initiatives’ are underway: quite a few ‘firsts’ to be revealed

This is the initial time that ASEAN and RCEP boutique exhibit places have been established up, the first time that substantial-stage ministerial-amount forums have been held in five sectors, which include the development field, and the initial time that an exhibition region has been established up for the Guangxi to entirely link with the design of the Better Bay Region Guangdong-Hong Kong-Macao.

Speaking of further deepening economic and trade cooperation with ASEAN, Deputy Commerce Minister Li Fei explained he will keep on to employ RCEP with superior high quality, boost the development of China-ASEAN 3. cost-free trade place investments help ASEAN nations around the world to develop exports of significant-top quality goods to China guidance impressive Chinese enterprises to spend in ASEAN additional advertise the integrated progress of regional industrial chains and offer chains.

Cai Lixin said the institution of the China-ASEAN Global Strategic Partnership will be an option to conduct in-depth discussions on building variation 3. of the China-ASEAN Free Trade Location. On this occasion, a series of cooperation initiatives and exploration reviews will be published, many cooperation mechanisms will be released, several cooperation projects will be signed and the “Nanning Channel” will be further more expanded.

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