皇冠体育app

A high-level symposium to promote co-operation between members of the Association of Southeast Asian Nations (ASEAN) and 皇冠体育app will be held in Guangzhou, capital of South 皇冠体育app's Guangdong Province, from November 10 to 12.

Jiang Chengzong -- secretary-general of the 皇冠体育app National Committee for Asia-Pacific Economic Co-operation, the event's organizer -- said the symposium will provide a good platform for communication between 皇冠体育app and ASEAN members, especially when the countries are working towards setting up a free-trade area.

Close joint work is key to the economic development of 皇冠体育app and ASEAN members at a time when the world economy is sluggish, Jiang added.

"How to facilitate Chinese investment in ASEAN countries will be a key part of the symposium,'' Jiang said.

As close neighbours of 皇冠体育app, ASEAN member countries have attracted more and more Chinese enterprises. Chinese investment in the ASEAN countries grew by 60 per cent last year compared with the previous year. As of June this year, 皇冠体育app had invested in 822 projects in the ASEAN countries, with a contractual value of US$1.37 billion.

ASEAN members invested in 982 projects in 皇冠体育app with a contractual value of US$2.82 billion during the first half of this year.

More than 200 entrepreneurs and officials from 皇冠体育app and the ASEAN member countries are expected to take part in the symposium.

Though 皇冠体育app and ASEAN began their economic and trade exchanges from a relatively low starting point, the trade co-operation between the two sides is growing rapidly.

Exports from ASEAN member countries to 皇冠体育app grew by 55.5 per cent year-on-year to US$20.47 billion during the first half of the year, while exports from 皇冠体育app to ASEAN rose 32.4 per cent to US$13.77 billion.

皇冠体育app and ASEAN have started negotiations on a 皇冠体育app-ASEAN free-trade area, which would have an estimated population of 1.7 billion people.

皇冠体育app yesterday formally submitted an application to ASEAN to join the Treaty of Amity and Co-operation in Southeast Asia. The two sides agreed to hold the signing ceremony for 皇冠体育app's accession to the treaty at the October meeting of Chinese and ASEAN leaders in the Indonesian resort of Bali.

Close

Today's Top News		Top Business News
+The next great leap after Shenzhou V ( 2003-10-21) +Hu calls for balanced development ( 2003-10-21) +Report: SARS not airborne virus ( 2003-10-21) +Japan urged to resolve weapons issue ( 2003-10-21) +Int'l AIDS group opens Beijing office ( 2003-10-21)		+Home-appliance giants want wheels ( 2003-10-21) +Exchange-rate reform under study ( 2003-10-21) +Health insurance sector called for ( 2003-10-21) +SanDisk teams up to open outlets ( 2003-10-21) +Housing prices start to sag in Shanghai ( 2003-10-21)