CCTV.com - CNTV English - CCTV News

5th Pan-Beibu Economic Cooperation Forum begins in Nanning

08-13-2010 08:43 BJT

Watch Video

Play Video

The fifth Pan-Beibu Economic Cooperation Forum has begun in Nanning, the capital of south China's Guangxi Zhuang Autonomous Region. It aims to enhance economic cooperation between China and southeast Asian nations.

This time, the Pan-Beibu Economic Cooperation Forum will concentrate on relations within the China-ASEAN Free Trade Area, and the Pan-Beibu Gulf Economic Region.

Chinese Vice Commerce minister says the country is speeding up investment in ASEAN. And the region has become the number one Chinese investment destination.

Yi Xiaozhun, Vice Minister of Chinese Commerce Ministry said "China's non-financial investment in ASEAN has reached more than 1.2 billion US dollars in the first half of this year."

China's Guangxi Zhuang Autonomous Region also signed shipping agreements with Singapore and Thailand. The cooperation between China and Pan-Beibu Gulf countries has been a boost for the shipping industry.

Chen Wu, Vice Chairman of Guangxi Zhuang Autonomous Region said "The throughput at the Guangxi Port has reached more than 54 million tons, up by more than 20 percent. And a big portion of that is from the Pan-Beibu Gulf region."

The Pan-Beibu Gulf region includes China's Guangxi, Guangdong, Hainan, and ASEAN countries like Vietnam, Malaysia and Singapore.

China's Guangxi has been developing fast, with an annual growth rate of more than 16 percent in the past four years.

Editor:Xiong Qu |Source: CNTV.CN

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program