Signing a group of cooperation projects between Guangxi and Australia

nominal: yan| Key words : Australia, RCEP) | Updated on 05-26-2023

On May 25, a special exchange session on Regional Comprehensive Economic Partnership (RCEP) between Fangchenggang and several Australian cities was held in person in this Chinese city in Zhuang Autonomous Region of Guangxi (South), as well as by video. Rooms in Canberra, Sydney and Melbourne.

On the occasion, 11 bilateral cooperation projects with a total value of 10.3 billion yuan ($1.46 billion) were set up in the energy, medicine and food sectors.

According to Sui Joya, deputy head of the government of Guangxi Autonomous Region, China has been Australia’s largest trading partner since 2009, while trade exchanges have also remained steady between Guangxi and Australia. Sui invited Australian companies to come to Guangxi, to take advantage of its geographical advantages and tap into the markets of southwest and northwest China, and even the markets of ASEAN (Association of Southeast Asian Nations).

During an official introduction, it was said that Fangchenggang is the only Chinese city connected with ASEAN member countries by sea, land and rivers, and wants to deepen cooperation with Australia in the fields of advanced industrialization, modern fishing and international logistics.

On this occasion, the Business Service Center of the International Chamber of Commerce was unveiled in Guangxi, Australia.

Nearly 400 people attended the event, including representatives from the China-Australia Chamber of Commerce, Australian companies in China, Guangxi local business and corporate associations, as well as professionals and researchers.

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