China-Asean expo lauded for boosting trades

The ongoing 17th China-Asean Expo (CAEXPO) has significantly deepened regional cooperation and will further facilitate free trade following the signing of the landmark Regional Comprehensive Economic Partnership (RCEP), the world’s biggest trade pact, senior officials and businessmen from the Asean countries have said.

The expo, held from Friday until tomorrow in Nanning, Guangxi Zhuang autonomous region, features a “Belt and Road” exhibition area, online trade and investment promotion activities, as well as high-level dialogues to promote the greater participation of the RCEP members in the construction of the Belt and Road.

“The CAEXPO represents a platform, and we can further deepen the cooperation and further increase the trade volume so that we can maintain this trajectory of closer economic and trade cooperation, ” said Philippine ambassador to China Jose Santiago Sta. Romana.

“This is a significant opportunity to deepen the cooperation particularly in trade and economy between China and the Philippines, ” he added.

The ambassador also noted that the RCEP means bigger trading opportunities.

Zeng Jingsong, vice-president of the Bangkok-based Charoen Pokphand Group, also hailed the CAEXPO as a key platform that brings more opportunities for cooperation and communication, and allows various enterprises to establish partnership in the region.

“Besides, I also believe that the platform facilitates exchanges among governments and enterprises on their understanding of each other’s markets, business strategies and development policies, ” he added.

Low Boon Tian, chairman of the SingCham Guangxi Management Committee said the CAEXPO has brought a host of opportunities to Singaporean companies particularly in the fields of infrastructure, trade and logistics to tap into markets in the region. — Xinhua

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