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10th Anniversary of China-Malaysia Double Park Cooperation
Seetao 2022-04-28 09:26
  • The two countries have shown great resilience and vitality under the test of the new crown pneumonia epidemic
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China is willing to work with Malaysia to implement the "Regional Comprehensive Economic Partnership Agreement" with high quality, give full play to the supporting role of the new land-sea corridor in the regional industrial chain and supply chain, further promote the "two countries and two parks" cooperation, continue to deepen bilateral economic and trade cooperation, and promote common development. The high-quality development of the Belt and Road Initiative will make new and important contributions to promoting regional economic recovery.

It is understood that from March 18, 2022, RCEP will officially take effect in Malaysia. In recent years, the trade and investment cooperation between China and Malaysia, Guangxi and Malaysia has continued to grow. With the implementation of RCEP, the restructuring of the industrial layout in the region is accelerated, and the economic and trade cooperation between the two sides is expected to further develop in depth.

Lim Wanfeng, Deputy Minister of International Trade and Industry of Malaysia, said in his speech that RCEP will bring huge business opportunities to enterprises in Guangxi and Malaysia. It is hoped that the two sides will make good use of the China-Malaysia "two countries and two parks" platform and the huge dividends of RCEP to build more business opportunities. Close economic and trade cooperation relationship, and jointly develop a broader market. Cai Lixin, Member of the Standing Committee of the Party Committee of Guangxi Zhuang Autonomous Region and Executive Vice Chairman of the Autonomous Region, pointed out in her speech that the effective implementation of RCEP superimposed Guangxi's geographical advantages, resource advantages and policy advantages provides a broader scope for all parties including Malaysia to deepen cooperation and achieve mutual benefit and win-win results. the stage.

At present, Guangxi is building an import base in Southwest China. Beibu Gulf Port has obtained a pilot policy of duty-free at the port of departure. We are focusing on expanding bulk commodity transactions. Trade cooperation and jointly expand the large market of RCEP.

At the forum, Chinese and Malaysian companies successfully signed 11 project investment agreements or strategic cooperation agreements involving the "two countries and two parks" between China and Malaysia, which became an important outcome of the forum. At present, the total development area of the China-Malaysia Qinzhou Industrial Park has reached 25 square kilometers. The construction of a new industrial city integrating industry, commerce and residence has been accelerated. Over 200 projects have been signed and settled, with a total investment of over 190 billion yuan. The development area of the Malaysia-China Kuantan Industrial Park has reached 9 square kilometers, and the cumulative investment in the signed projects has exceeded 40 billion yuan, creating nearly 20,000 local jobs, and driving the new throughput of Kuantan Port by 10 million tons. Keywords: One Belt One Road, One Belt One Road News, One Belt One Road Project

In addition, the 10th anniversary of the development of China-Malaysia "two countries and two parks" was displayed on the same day. These pictures comprehensively show the "two countries and two parks"'s 10-year development process. In the future, China-Malaysia "two countries and two parks" will accelerate the upgrade from the joint construction of major channels, major hubs, major logistics, and major finance for ASEAN, focusing on the joint construction of RCEP trade and investment cooperation highlands, and exploring and leading China-ASEAN cross-border industries. A new path for cooperation, accelerating the construction of important nodes in the new international land-sea corridor, and building an international smart new city integrating Hong Kong, industry and city, etc., will make every effort to become a high-level demonstration area for the innovation and development of China-ASEAN economic and trade cooperation.Editor/XuNing

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