日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
China / News

City bets big on ASEAN

By Ding Congrong, Chen Ke and Yuan Lingling (China Daily) Updated: 2015-05-08 11:03

City bets big on ASEAN

The Association of Southeast Asian Nations has been ranked as the top destination for investors from Nantong, Jiangsu province, to spend their money.

Government data shows that Nantong-headquartered companies poured a total of more than $1 billion into 52 investment projects in ASEAN member regions by 2014.

The amount accounted for nearly half of Nantong’s total overseas investments and 38.9 percent of the entire Jiangsu business community’s total investments in ASEAN economies.

Shuangma Chemicals based in Rugao, Nantong, invested $250 million to build a modern industrial cluster integrating agriculture and grease processing in Indonesia. The first overseas provincial-level industrial cluster in Jiangsu’s history attracted more than 10 companies to establish facilities.

Jiangsu Dinuo Daily Chemical Group spent $200 million to build a plant in the ASEAN member country and Jiangsu Lianfa Textile Co invested in three clothing factories and one agricultural project in Cambodia.

Nantong city government and the China-ASEAN Business Council signed a memorandum of understanding concerning cooperation in business opportunities in February.

The agreement signals that Nantong and ASEAN will conduct enhanced cooperation on a wider scale, local officials said.

Southeast Asian countries are increasing expenditure on infrastructure. The trend is providing enormous opportunities to Nantong engineering contractors, industry insiders said.

On the other hand, the coastal city in East China also saw an influx of investments from ASEAN members.

A total of $1.54 billion from the region flowed into 522 investment projects in Nantong by the end of 2014.

Dubbed “ship valley”, the city has a well-established shipbuilding industry and is well positioned to access relevant markets in the ASEAN region, which is rich in waterways and has a growing demand for vessels.

Local media reported that 90 percent of cargo in Indonesia is transported by ship. Its Ministry of Industry predicted that the country will need some 4,000 ships during the coming decade. The estimated demand cannot be satisfied by the current production capacity of its own shipbuilding industry.

Haitong Offshore Engineering Equipment Co based in Nantong exported two oil barges each worth $1.85 million to Indonesia, which had tariff reductions of about 1.18 million yuan ($190,419) due to favorable policies in the China-ASEAN Free Trade Area.

Since its establishment in 2010, the free trade area has fueled growth in bilateral trade between China and ASEAN. Trade amounted to $4.99 billion in 2014, up from $1.58 billion in 2009.

Deals with ASEAN members also grew in Nantong during the same period, with its proportion of the city’s total foreign trade rising from 9.7 percent to 15.8 percent.

China and ASEAN are building an upgraded version of the free trade area for promoting further market access and providing more opportunities for industries. Local officials called on exporters to make full use of the area’s policies and increase collaboration with ASEAN.

Contact the writers through dingcongrong@chinadaily.com.cn

 

Highlights
Hot Topics
...
主站蜘蛛池模板: 亚洲国产精品一区 | www婷婷| 日韩最新在线 | 国产高清亚洲 | 国产自在线拍 | 亚洲一区二区在线观看视频 | 亚洲人与黑人屁股眼交 | 96超碰在线 | 日韩综合av | 日韩精品在线免费观看 | 欧美一级特黄高清视频 | 国产精品久久一区 | 一区二区三区美女视频 | 精品久久久久久久久久久久久久久久久 | 午夜影视在线观看 | 日本吃奶摸下激烈网站动漫 | 国产精品久久久视频 | 欧美极品一区二区 | 精品国产乱 | 色资源在线观看 | 欧美三级日本三级 | 999精品免费视频 | 91丨porny丨刺激 | 黄色黄色片 | 中文字幕777 | 日韩特黄一级片 | 亚洲天堂免费 | 2014天堂网| 欧美日本韩国一区 | 欧美日韩黄 | 亚洲视频在线免费观看 | 亚洲精品1| 男女男精品网站 | 国产手机视频在线观看 | 国产探花在线精品一区二区 | 91美女片黄| 日韩黄色在线视频 | 日韩精品一区二区三区在线观看 | 成人福利视频导航 | 久久99精品久久久久 | 成人国产在线视频 |