皇冠体育app works on cross-border economic zone with Vietnam

Foreign and Military Affairs

皇冠体育app works on cross-border economic zone with Vietnam

(Xinhua)
Updated: 2010-09-14 14:06

HANOI - 皇冠体育app is working on diversifying the cooperation model with Vietnam in the border areas and committed to the construction of a cross-border economic zone, said a Chinese official at a seminar here.

Ma Biao, Chairman of Southwest 皇冠体育app's Guangxi Zhuang autonomous region, told a seminar on economic corridor development held here during his ongoing six-day visit in Vietnam for trade and culture promotion.

Ma said the border trade between 皇冠体育app and Vietnam has been developing prosperously in recent years. Following the establishment of the free trade area between 皇冠体育app and Association of Southeast Asian Nations (ASEAN) in the beginning of this year, 皇冠体育app is working on measures to expand the cooperation methods in the border areas from trade to investment, processing and manufacturing, as well as tourism.

Ma said 皇冠体育app is also committed to building a cross-border economic zone in the 皇冠体育app-Vietnam border.

皇冠体育app and Vietnam decided in 2007 to each allocate 8.5 square kilometers of land from 皇冠体育app's border city of Pingxiang in Guangxi and Vietnam's border town of Dong Dang in Lang Son province to build a cross-border economic zone.

皇冠体育app finished the feasibility study on the Chinese side of the economic zone in 2009.

Ma proposed that 皇冠体育app and Vietnam should grant more preferential policies to the Pingxiang-Dong Dang cross-border economic zone, and build it into a regional import-export processing center, an international trade base and an international logistics center.