BEIJING: China’s Guangdong province is looking to deepen economic cooperation with South-East Asian countries, including Malaysia, through closer industrial integration, expanded market channels and increased two-way investments.
Director general of the Department of Industry and Information Technology of Guangdong Province, Zeng Jinze, said South-East Asia has become Guangdong’s largest trading partner, with total trade between the two sides exceeding 1.3 trillion yuan last year, a record high.
“Future cooperation should be based on complementarity and mutual benefit. Guangdong has strengths in manufacturing technology and innovation, while South-East Asia offers abundant resources and a vast market,” he told a press conference on the sidelines of the Two Sessions conference, held here.
Zeng said Guangdong is ready to share technologies such as smart logistics, industrial robotics and artificial intelligence-driven manufacturing solutions to support industrial upgrading in South-East Asian economies.
He said the province is also looking to expand cooperation in distribution and market access by connecting Guangdong enterprises with South-East Asian eCommerce platforms, wholesalers, retailers and manufacturers.
“Guangdong also welcomes companies from South-East Asia, including Malaysia, to invest and develop businesses in the province. We are willing to open up our innovation and market resources to partners from the region,” he said. — Bernama
