Nanning, 17 September 2022 (TDI): The 19th China-ASEAN Expo commenced on Friday in Nanning, Guangxi Zhuang. The three-day conference will conclude on Monday, 19 September.
The 19th #China–#ASEAN Expo, scheduled to be held from Sept. 16 to 19 in Nanning, established an exhibition area for participants of the Regional Comprehensive Economic Partnership (#RCEP) for the first time. pic.twitter.com/q6Lmq0h7Iy
— Ambassador Deng Xijun (@China2ASEAN) September 17, 2022
Photo taken on Sept. 16, 2022 shows the #openingceremony of the 19th China-ASEAN Expo and the 19th China-ASEAN Business and Investment Summit at Nanning International Convention and Exhibition Center in Nanning, S China’s #Guangxi. #19thCAEXPO pic.twitter.com/xzKOi0fSAu
— China-ASEAN Expo (@CaexpoOnline) September 17, 2022
The conference is expected to help promote trade and exchange. China Media Group reported on Saturday that the event has witnessed a new record of deals signed.
Furthermore, this year serves as the first year after China and the Association of Southeast Asian Nations (ASEAN) upgraded their relations to a comprehensive strategic partnership. Additionally, it is also the first year since the Regional Comprehensive Economic Partnership (RCEP) agreement took effect.
The 19th China-ASEAN Expo and China-ASEAN Business and Investment Summit (#CABIS) opened on Fri in Nanning, S China’s Guangxi. The expo, which will last until Monday, is an annual event to promote #trade and exchanges between China and @ASEAN members. pic.twitter.com/8fGsm9dxkr
— China-ASEAN Expo (@CaexpoOnline) September 16, 2022
Also read: 19th China-ASEAN Expo to commence on Friday
Projects of the Expo
A total of 267 projects on investment and cooperation have been signed. Their value is nearly 413 billion yuan ($591.37 billion). Most of the deals are in the areas of high-end metal new materials, modern agriculture, environmental protection, textile, healthcare, tourism, sports, machinery and equipment manufacturing.
Wu Zhengping, Director of the Trade Development Bureau of the Ministry of Commerce said, “Themed around sharing new opportunities of the RCEP and jointly advancing version 3.0 of the China-ASEAN Free Trade Area, the expo will help promote cooperation between the two sides.”
Products from 127 ROK enterprises are on display at the #19thCAEXPO & more #ROK companies hope to explore business opportunities in ASEAN countries by participating in the #CAEXPO, Lee Youn Sik,deputy director of the Korea Trade-Investment Promotion Agency Guangzhou office noted. pic.twitter.com/eplaO6pMAm
— China-ASEAN Expo (@CaexpoOnline) September 17, 2022
Moreover, in order to achieve quick customs clearance of foreign exhibits, Nanning Customs has adopted the declaration system for temporary inbound and outbound goods.
As for exhibits from RCEP members like Japan, Nanning Customs have established an assistance supervision mechanism with customs offices in Guangzhou, Shenzhen and Kunming to ensure the rapid customs clearance of exhibits.
Pakistan is also participating in the 19th China-ASEAN Expo and China-ASEAN Business and Investment Summit. Pakistani traders and industrialists are displaying furniture, auto parts, gemstones, sports goods, agricultural machinery and surgical instruments during the expo.
