109 projects signed at 21st China-ASEAN Expo

(ECNS) -- The signing ceremony of the 21st China-ASEAN Expo (CAEXPO) was held on Tuesday in Nanning City, South China's Guangxi Zhuang Autonomous Region, with a total of 109 projects signed at the event.

These included 93 major domestic investment projects and 16 international economic and trade cooperation projects with ASEAN countries such as Vietnam, Malaysia, and Laos.

The projects cover key industries, including new chemical materials, new energy and energy storage, non-ferrous metals, and mechanical equipment, as well as emerging industries like low-carbon polymer materials and high-end semiconductor chemical materials.

The signing ceremony initiated dialogues between key industrial parks in Guangxi and ASEAN countries for the first time, bringing roundtable discussions between 33 Guangxi parks and 21 ASEAN parks.

The event also helps establish cross-border industrial cooperation mechanisms between 11 China-ASEAN industrial zones including the Guangxi-ASEAN economic development zone and ASEAN industrial parks in countries including Vietnam, Thailand, Cambodia, and Indonesia.

This event is expected to speed up the expansion of Chinese intelligent manufacturing enterprises into countries such as Vietnam, Malaysia, and Laos, with investments in projects like biomass power plants, photovoltaic power stations, and overseas warehouses, benefiting local communities in this region.

Of the 93 signed domestic projects, over 70 percent came from China’s key regions such as the Guangdong-Hong Kong-Macao Greater Bay Area and the Yangtze River Delta.

Guangxi attracted a number of important enterprise projects including Shanghai Junhe Group, aligning with the new industrial layout of China’s developed areas, injecting fresh development potential into the economy.

During the CAEXPO, other events such as Japanese enterprises’ tour to Guangxi and Australian enterprises’ tour to Guangxi were held successively, helping companies further explore the Chinese and ASEAN markets.

The signing ceremony was sponsored by the China-ASEAN Expo Organizing Committee and organized by the People’s Government of Guangxi Zhuang Autonomous Region.