Guangxi leads high-quality development with high-level opening-up

The Publicity Department of Guangxi Zhuang Autonomous Region

PR100589

 

NANNING, China, Dec. 21, 2023 /Xinhua-AsiaNet/--

 

Data released by the statistics department show that from January to October

this year, Guangxi Beibu Gulf Port completed a container throughput of 6.5074

million TEUs, up 16.5%, and is expected to reach 8 million TEUs this year, a

new level; In the first three quarters of this year, Guangxi's total foreign

trade imports and exports reached 498.15 billion yuan, up 18.4%, ranking the

sixth in the country.

 

From 2004 to 2022, the trade volume between Guangxi Zhuang Autonomous Region

and ASEAN, the province with the largest ethnic group population in China,

increased more than 30 times. In recent years, Guangxi has led high-quality

development with high-level opening-up, steadily promoted the joint

construction of a new western land-sea channel, deepened the opening-up and

cooperation with ASEAN and the Belt and Road countries, and accelerated the

construction of a convenient place for domestic and international

double-circulation markets.

 

Since this year, the Guangxi delegation has successfully visited Vietnam,

Singapore, Malaysia, Cambodia and other ASEAN countries. A number of major

opening platforms, such as the China-ASEAN Information Port, the financial

opening gateway for ASEAN, the Fangchenggang International Medical Open Pilot

Zone, the Nanning Airport Economic Demonstration Zone, and the Baise, Dongxing

and Pingxiang national key development and opening pilot zones, are

accelerating construction.

 

To fully integrate national regional development strategies such as the

Guangdong-Hong Kong-Macao Greater Bay Area, Guangxi has organized Party and

government delegations to Guangdong, Hainan, Zhejiang, Jiangsu, Shanghai and

Yunnan for study and exchange, and actively undertook industrial transfer.

Guangxi has accelerated the construction of major transport projects connecting

Guangdong, and built a fast-track network connecting the Guangdong-Hong

Kong-Macao Greater Bay Area. It has strengthened the precise integration with

industrial clusters in the Greater Bay Area, built a cross-regional and

cross-border industrial and supply chain linking the "Guangdong-Hong Kong-Macao

Greater Bay Area-Beibu Gulf Economic Zone-ASEAN", and constantly enhanced the

potential for all-round opening up and development.

 

In terms of economic and trade exchanges and cooperation, Guangxi has

extensively organized enterprises to participate in various key foreign-related

exhibitions such as the Canton Fair, the Consumption Expo, the Canton Fair for

Canadian Products, the China International Fair for Trade in China, and the

Specialty Product Promotion Conference, and to carry out economic and trade

exchanges in 12 countries in 4 regions including ASEAN, Japan and South Korea,

the Middle East and the European Union, actively helping Guangxi enterprises go

abroad. The China (Guangxi) Pilot Free Trade Zone has been built to high

standards. With less than 5/10,000 of the total land area of the region, it has

achieved 37.1% of the total import and export volume of the region and 39.4% of

the actual utilized foreign investment.

 

Yang Chunting, director of the Department of Commerce of Guangxi Zhuang

Autonomous Region, introduced that as the forefront and window of China's

opening up and cooperation with ASEAN, Guangxi has actively promoted high-level

opening up and achieved positive results. In the past five years, Guangxi's

total agreement investment amounted to 6.33 billion US dollars, among which the

total agreement investment to ASEAN countries amounted to 3.74 billion US

dollars, accounting for 59%. ASEAN countries have invested and set up 335

foreign-funded enterprises in Guangxi, involving manufacturing, leasing and

business services, transportation, warehousing and postal services and other

fields.

 

Guangxi will initially form a domestic and international double circulation

market operation facility through two to three years of efforts; basically

complete the domestic and international double circulation market operation

facility through four to five years; and fully complete the domestic and

international double circulation market operation facility by 2030 as

scheduled, realizing the all-round and whole process facilitation of

investment, manufacturing, trade, consumption, capital flow, personnel

exchange, smooth logistics, policy innovation, platform opening and

utilization, and leading the market operation facilitation level in China.

 

Source: The Publicity Department of Guangxi Zhuang Autonomous Region

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