On November 26, the Hunan-ASEAN Economic and Trade Cooperation Symposium was held in Nanning, Guangxi. At the symposium, Hunan Vice Governor He Baoxiang asked enterprises, governments at all levels, and chambers of commerce to work together to continuously deepen economic and trade cooperation between Hunan and ASEAN countries.

Since the beginning of this year, Hunan Province’s general trade with ASEAN member states has maintained strong resilience, and the ASEAN countries has become its largest trading partner. Between January and October, the trade volume between Hunan Province and 10 ASEAN countries was 65.38 billion CNY, an increase of 35.3%. Many cities and prefecture in Hunan have actively planned to serve the ASEAN market based on their own industrial characteristics. Relying on its geographical advantages, Yongzhou City has built itself a "bridgehead" for connecting with ASEAN; Changde City has focused on the demand for ASEAN equipment manufacturing products, and held the Hunan-Thailand Equipment and Manufacturing Investment Expo and the Changde Brand Shinning at the ASEAN Expo; Shaoyang City has established the Shaoyang ASEAN Science and Technology Industrial Park; and, Changsha City has held the “Hunan (Xingsha) - ASEAN Economic and Trade” serial activities.

Vice Governor He emphasized that it’s important for Hunan to perform in a comprehensively manner on the ASEAN economic and trade cooperation. Enterprises should play a major role in the work of Hunan-ASEAN economic and trade cooperation, strengthen the connections between enterprises, and turn their contact advantages into cooperation advantages. Governments at all levels should play a supporting role, make good use of the advantages of China (Hunan) Pilot Free Trade Zone, do a good job of top-level planning, and adjust policies in a timely manner according to problems. The chambers of commerce should act as a bridge to strengthen information communication and exchange of opinions, to make in-depth study of the organic economic and trade combination between Hunan and the ASEAN countries, and to promote effective cooperation.

This article is from Hunan Provincial Government www.enghunan.gov.cn.

Translator: Yu Jiangjiang

Chinese source: hunan.gov.cn