ASEAN, China seal economic pacts worth 1.7 billion USD
The Association of Southeast Asian Nations (ASEAN) and Guangdong-Hong Kong-Macao Greater Bay Area have signed seven economic cooperation projects worth 12.1 billion CNY (1.7 billion USD) involving industrial park construction, digital economy and agricultural cooperation.
Hanoi (VNA) – The Association of Southeast AsianNations (ASEAN) and Guangdong-Hong Kong-Macao Greater Bay Area have signed seveneconomic cooperation projects worth 12.1 billion CNY (1.7 billion USD) involvingindustrial park construction, digital economy and agricultural cooperation.
The signing was completed during the 2023 ASEAN-ChinaGreater Bay Area Economic Cooperation (Qianhai) Forum, which took place in thesouthern Chinese metropolis of Shenzhen from July 29 to 30 with the participationof over 150 foreign guests, including representatives from the governments ofall 10 ASEAN member countries, diplomatic agencies in China, chambers of commerce,thinktanks and enterprises.
Also at the forum, the Greater Bay Area-ASEAN InternationalChamber of Commerce Alliance and the China-ASEAN Think Tank Partnership were established, and an initiative concerning a closer Greater Bay Area-ASEAN economicpartnership launched.
The initiative proposes enhanced economic cooperation andstrengthened people-to-people connections. Concrete measures include supportingthe China-ASEAN Center to set up a representative office in Shenzhen, andexploring the establishment of a Greater Bay Area-ASEAN Industrial DevelopmentInvestment Fund, among many others./.
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