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2023 ASEAN-China GBA Economic Cooperation Forum kicks off in Shenzhen

The 2023 ASEAN-China Greater Bay Area Economic Cooperation (Qianhai) Forum kicked off in Shenzhen on July 29 and will last for 2 days, themed with “Science, Technology and Industry Cooperation under China-ASEAN Comprehensive Strategic Partnership”.

(The 2023 ASEAN-China Greater Bay Area Economic Cooperation (Qianhai) Forum / photo by Nina)

“The forum will help open up new prospects for ASEAN-China cooperation on sustainable development,” Shi Zhongjun, Secretary-General of ASEAN-China Center, addressed at the forum.

According to Shi, various forums and industrial matching activities will be held during the event to promote in-depth exchanges and discussions in the fields of finance, e-commerce, digital economy and technological innovation.  

(The Greater Bay Area-ASEAN Association of Chambers of Commerce / photo by Nina)

He highlighted that the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is one of the most dynamic and open regions in China. There are advanced manufacturing industrial systems and production service systems in the GBA, with complete industry chains and supply chains.

Ceferino S. Rodolfo, Undersecretary of Department of Trade and Industry of the Philippines, said that the Philippines puts great importance in the GBA cooperation to facilitate the China-ASEAN Comprehensive Strategic Partnership. 

He elaborated that the Philippines is a regional hub for smart and sustainable manufacturing, which is aligned with the development of the GBA.

“China is one of the top five investors in Indonesia.” said Nurul Ichwan, Deputy Minister for Investment Promotion of Republic of Indonesia. He noted that China’s investment to Indonesia mainly covers sectors such as base metals, processing industry, transportation, storage and communication, electricity, gas and water, as well as chemical and pharmaceutical industries. 

(The ASEAN-China Think Tank Cooperation Partnership / photo by Nina)

Nurul Ichwan suggested that the future for ASEAN-China collaborations should focus on developing innovations by the implementation of technology and qualified human being.

The launching ceremony of the Greater Bay Area-ASEAN Association of Chambers of Commerce, as well as the ASEAN-China Think Tank Cooperation Partnership was held on the morning of July 29 during the event, while the Initiative on Building Closer Greater Bay Area-ASEAN Economic Partnership was declared.

The forum attracted representatives of government officials, chambers of commerce, association think tanks, and entrepreneurs from China and ASEAN members states including Malaysia, Thailand, Brunei, Indonesia, Myanmar, and Philippines.

The forum was jointly hosted by ASEAN-China Center, Authority of Qianhai Shenzhen-Hongkong Modern Service Industry Cooperation Zone of Shenzhen, ASEAN-Greater Bay Area Research Institute of Shenzhen University, and Guangdong High-tech Industry Chamber of Commerce.

Reporter丨Nina, Lydia Liu

Editor丨Olivia, Nan, Jasmine, Jerry

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