Association of Southeast Asian Nations to strengthen cooperation into emerging m

ASEAN has become the emerging market in Guangzhou, the Guangzhou Bureau of Foreign Trade announced on the 7th of measures to strengthen economic and trade cooperation with the Association of Southeast Asian Nations, ASEAN cooperation in Guangzhou sounded build number.

   Guangzhou Foreign Trade and Economic Bureau data show that ASEAN has become the fifth largest trading partner, Guangzhou, Guangzhou, 2009, import and export volume to ASEAN nearly 8.2 billion U.S. dollars, of which imports nearly 51 billion dollars. Financial crisis in the overall decline in foreign trade in Guangzhou, the Guangzhou-ASEAN trade volume is still growing Jin Yicheng year.

    As of the end of 2009, with the exception of Laos, the other 9 ASEAN countries, total direct investment projects in the ear 724, nearly two billion U.S. dollars of contracted foreign capital. The Guangzhou company set up 44 in the ASEAN foreign institutions with a total investment of about 67 million U.S. dollars, mainly related to medicine, electronics, light industry, textile and other fields.

    The Secretary for Foreign Trade Guangzhou that Xiao Zhenyu, the beginning of this year, the world's third-largest free trade area "China – ASEAN Free Trade Area," completed in Guangzhou Economic and Trade Cooperation has brought a rare opportunity. A large number of inexpensive "wide goods" to be zero-tariff access to the ASEAN. Meanwhile, the ASEAN countries is more standardized and transparent investment environment more conducive to the ASEAN Investment Enterprises in Guangzhou, close to resource-producing areas, the nearest market, "double the nearest", ASEAN countries will become Guangzhou enterprise internationalization "training grounds." In addition, the ASEAN countries span industries, development levels, Guangzhou, both "bringing in" and upgrading its industries; also be "going out", enabling optimization of industrial structure.

    However, Dr Xiao frankly, Guangzhou and ASEAN cooperation challenges: labor intensive industries with high overlap, the two sides of similar goods industry competition. Compared to Europe, America, Japan and other major investor in ASEAN, ASEAN has been completed in production layout, and later those of Guangzhou into a strong ASEAN will face many competitors.

    According to Dr Xiao said Guangzhou Foreign Trade and Economic Council has set up a "Guangzhou economic and trade cooperation with ASEAN working group responsible for" the work is in progress. Including: a platform, preparing guidelines, organized a series of boosting trade and economic activities; leading edge enterprises to invest in Guangzhou Association of Southeast Asian Nations to strengthen the overseas processing and production, fisheries and forestry resources development, establishment of industrial parks, manufacturing base; optimize the trade structure; innovative investment approach to attract investment in ASEAN.

It is reported that in Guangzhou the construction of "new knowledge in the city" will set up the "China – ASEAN" innovation centers and educational training for the Association of Southeast Asian Nations Industrial International Demonstration Area.

I am an expert from China Manufacturers, usually analyzes all kind of industries situation, such as wide shoe stores , wood shoe racks.

Processing your request, Please wait....

Leave a Reply