13th China-ASEAN EXPO to Boost Chinese Enterprises’ Investment in ASEAN
The China-ASEAN Expo (CAEXPO) Secretariat announced the trade and investment promotion program to be launched during this year’s Expo on July 5th, so as to promote the “going global” strategy and investment of Chinese enterprises in ASEAN countries. The high-profile investment promotion conference on ASEAN’s industrial parks and China-ASEAN matchmaking symposia on investment and financing projects will be given high priority during the Expo.
With the theme of “Building the 21st Century Maritime Silk Road, Forging an Even-Closer China-ASEAN Community of Common Destiny”, the 13th CAEXPO will pragmatically advance the mutual investment between China and ASEAN in key areas of cooperation on international industrial capacity and equipment manufacturing, according to Wang Lei, the secretary-general of CAEXPO.
The 13th China-ASEAN Expo, slated for Sept. 11-14, will be held in Nanning, capital of south China’s Guangxi Zhuang Autonomous Region. This year, based on the schedule, CAEXPO will further stage promotion conference on ASEAN industrial parks during which some important industrial parks from ASEAN member countries will attend with dozens of high-quality investment promotion projects to attract Chinese investments. During the Expo, competent departments of commerce from the 10 ASEAN countries will hold 10 investment promotion seminars respectively and ministerial officials will introduce the investment environment and favorable policies of each country for Chinese investors. In order to help Chinese investors better understand relevant policies of ASEAN countries, the Expo will also launch networking with Chinese economic and commercial counselors in ASEAN countries, enabling Chinese enterprises to overcome the obstacles in setting foot in ASEAN. In addition, some Chinese representatives from central enterprises will also participate and share their experience.
The annual China-ASEAN matchmaking symposia on investment and financing projects attract much attention of Chinese and ASEAN investors. The secretariat of the Expo integrates the matchmaking symposia on international industrial capacity cooperation projects into China-ASEAN matchmaking symposia on investment and financing projects with the matchmaking of international industrial capacity and equipment manufacturing cooperation project as the key issue. Investors could hold face-to-face discussions in fields of international industrial capacity and equipment manufacturing cooperation, project contracting, resource development, energy and environmental protection, advanced technology, investment promotion on industrial parks and financial services.
Chinese investors place heavy emphasis on financing-related issues. Under such consideration, “activities on financial support for Chinese enterprises to invest in ASEAN” will be staged in particular during this Expo, where financial institutes will brief on the financial support and services for Chinese enterprises and investors.
The China-ASEAN Expo (CAEXPO), co-sponsored by China and the 10 ASEAN countries, has been successfully held for 12 sessions in a row since 2004, serving as an international economic and trade event for China-ASEAN Free Trade Area (CAFTA).