In The Next 5 Years, China Will Establish An Economic And Trade Cooperation Zone In Each ASEAN Country.

In the Eighth China ASEAN Association

Gao Hucheng, Vice Minister of commerce at the China ASEAN Investment Cooperation Roundtable, said investment cooperation is an important part of the China ASEAN free trade area cooperation, and the overseas economic and trade cooperation zone will be China.

The overseas economic and trade cooperation zone refers to all kinds of economic and trade cooperation zones under the guidance of the state's overall arrangement, that is, the construction and construction of the enterprises in China are relatively complete, the industrial chain is relatively complete, the driving force is strong and the influence is big.

At present, China has established 5 economic and trade cooperation zones in 4 ASEAN countries: Kampuchea Sihanouk Economic Zone, Thailand Thai Industrial Park, Longjiang Industrial Park, Vietnam China (Haiphong Shenzhen) economic and trade cooperation zone and China Indonesia economic and trade cooperation zone.

As of the end of August 2011, China entered 68 agreements in the 5 economic and trade cooperation zones of the ASEAN countries, with an agreement investment of US $1 billion 50 million and a real investment of US $419 million.

Zheng Chao, deputy director of the Department of Asian affairs of the Ministry of Commerce, said that the overseas economic and trade cooperation zone is an important measure for the Chinese government to encourage and support qualified enterprises to expand their foreign investment. It is also a new situation for enterprises to "go out". It is not only beneficial for Chinese enterprises to go out in clusters, but also conducive to training the host country's industrial clusters and expanding local employment.

The Sino Indonesian Economic and trade cooperation zone built by Guangxi Nongken group is one of the first batch of overseas economic and trade cooperation zones in mainland China. Since its investment and construction in November 2010 to August 2011, it has invested nearly US $57 million.

According to Yang Haikong, deputy director of the Guangxi Zhuang Autonomous Region Agricultural Reclamation Bureau and general manager of Nongken group company, after the completion of the cooperation zone, we will mainly introduce the development of intensive processing, warehousing, logistics and new materials and other industries to build a platform for Chinese enterprises to enter Indonesia's development.

Experts say that for a long time, weak forces and unfamiliar with foreign investment environment are important obstacles for Chinese SMEs to "go out".

If the big enterprises that have strong economic strength and rich experience in international trade are to "open up their way", overseas investment in overseas industrial parks built by them will play an important role in industrial clusters and effectively avoid investment risks.