ACC Secretary-General Attended the 2016 China-ASEAN Forum on Industrial Capacity Cooperation and Delivered Speech

Source:ASEAN-China Centre

On 2 June 2016, the Opening Ceremony of China-ASEAN Forum on Industrial Capacity Cooperation was held in Nanning. H.E. Mme. Yang Xiuping, Secretary-General of ASEAN-China Centre (ACC), together with Mr. Tang Renjian, Vice Governor of Guangxi Autonomous Region, Mr. Toe Aung Myint, Permanent Secretary of the Ministry of Commerce of Myanmar, Mr. Chea Vuthy, Deputy Secretary General of the Council for the Development of Cambodia, and Mr. Pek Hak Bin, Director of the Energy Market Authority of Singapore, attended the forum and delivered keynote speeches.

Secretary-General Yang Xiuping said, this year marked the 25th anniversary of ASEAN-China dialogue relations. During the 25 years, with the joint efforts of both sides, ASEAN-China relations had gone through an extraordinary journey. ASEAN and China, as good friends, good neighbours and good partners, had forged a sound tie featuring shared future, integrated interests and close emotional bond. At present, the global economy was undergoing profound adjustment. Promoting international industrial capacity cooperation, getting involved in the world industry chain at a higher level had become an important way to boost real economy. We should look to the new pattern of global economic development, uphold the principles of mutual benefit, openness and inclusiveness, try to integrate capacity advantages, capital advantages and market demand, and promote capacity cooperation to achieve tangible results. She made three proposals: First, to build up a mechanism and improve the investment environment. Second, to mobilize the enthusiasm of enterprises by building up platforms for cooperation. Third, to improve the financial arrangement, reduce transaction cost and finance high-quality projects. 

Mr. Tang Renjian said, Guangxi’s gross industrial output value had exceeded 1.7 trillion RMB recently and the investment to foreign countries increased rapidly, which showed that Guangxi had a solid foundation for international capacity cooperation. Guangxi would continue to make full use of its geographic advantages and strive to build the Great International Passage to ASEAN. To better promote Guangxi-ASEAN capacity cooperation, he made the following four suggestions: First, to strengthen policy coordination and build the mechanism for international capacity cooperation. Second, to deepen the functional cooperation and make project matching. Third, to create innovative patterns for cooperation and inject new impetus to cooperation. Fourth, to improve investment environment and create a good atmosphere for cooperation. 

The other guests expressed their views under the theme “Strengthening Cooperation on Industrial Capacity for Mutual Benefits and Win-win Partnerships” from different perspectives.