RCEP's "circle of friends" shares new opportunities for development

2023-06-12

"RCEP provides a good opportunity for member countries to open their markets and expand their market scope, which can promote economic and trade cooperation among member countries." Anna Robinho, Advisor to the Secretary General of ASEAN and Deputy Secretary General of ASEAN Economic Community, said at the 2023RCEP Local Government and Sister City Cooperation (Mount Huangshan) Forum held recently. With the theme of "regional cooperation for a win-win future", this forum held in Huangshan City, Anhui Province, released a strong signal that Regional Comprehensive Economic Partnership (RCEP) member countries should strengthen regional cooperation and share development opportunities. At the forum, 2 sister city cooperation projects, 6 economic and trade cooperation projects, and 5 cultural cooperation projects were signed, involving multiple fields such as artificial intelligence and blockchain, cultural tourism, education and healthcare. Lie Saiapeng, secretary of the Attapeu Provincial Party Committee and governor of Laos, said that the signing of a friendly inter provincial relationship between Attapeu province Province and Anhui Province is a sign of a higher level of local relations between Laos and China, and will really promote bilateral cooperation to blossom and bear fruit in the future. From economic and trade to humanities, representatives of participating RCEP member countries have expressed their expectations for strengthening cooperation. "The different climatic conditions of RCEP member countries have provided an excellent environment for the production and processing of different agricultural products, and we will further play this advantage to promote development and cooperation." Zeng Jinsong, vice president of Charoen Pokphand, a multinational enterprise operating in agricultural product processing, medicine and other fields, said at the forum. Zhang Zhiming, President of Japan Enjoying Journey Co., Ltd., said that it could actively promote cultural exchange projects between local governments of RCEP member countries, make full use of the unique Natural landscape, historical sites and cultural experience of each country, vigorously develop cross-border tourism routes, and provide more abundant, diverse and distinctive cross-border tourism products. Promoting trade development, promoting resource flow, and strengthening the multilateral trading system... By deepening regional cooperation and exchanges, RCEP can fully leverage the advantages of its member countries and unleash the potential for local cooperation. "The development potential of the regional industrial chain mainly depends on the echelon structure, that is, different economies in the region are in different positions of the industrial chain, forming the complementarity of industrial types and different links. The RCEP regional industrial chain has a wide variety of industries and deep division of labor, so its development potential is great." said Su Qingyi, deputy director of the International Trade Research Office of the Institute of World Economics and Politics, Chinese Academy of Social Sciences. While promoting economic and trade development, this regional cooperation has also created more job opportunities, brought advanced production capacity, and promoted the optimization of industrial and supply chains. Conch Group's Conch Cement Project in Battambang, Cambodia, can reduce carbon dioxide by about 200000 tons annually through the application of biomass Alternative fuel system. This system combines the advantages of large-scale rice cultivation in Cambodia, using rice husks as fuel, while reducing the company's production costs and protecting the environment. The production lines of Conch's overseas projects all adopt the most advanced technology and equipment facilities, providing advanced equipment manufacturing, process technology, and management technology for the investment country. At the same time, it also provides a large number of job opportunities for the local area, promoting the development of related industries and the cultivation of localized talents. "said Yang Jun, Chairman of Conch Group. According to Yang Jun, Conch Group is currently operating in Indonesia, Myanmar, Laos, Thailand

Edit:He Chuanning    Responsible editor:Su Suiyue

Source:Xinhua

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