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Seven economic cooperation projects worth 12.1 billion yuan between the Guangdong-Hong Kong-Macao Greater Bay Area and ASEAN countries were signed Sunday in the southern Chinese metropolis of Shenzhen. |
The signing was completed during the 2023 ASEAN-China Greater Bay Area Economic Cooperation (Qianhai) Forum that ran from July 29 to 30, which covered industrial park construction, digital economy and agricultural cooperation. |
The Greater Bay Area-ASEAN International Chamber of Commerce Alliance and the China-ASEAN Think Tank Partnership were established at the forum. The forum also resulted in an initiative concerning a closer Greater Bay Area-ASEAN economic partnership. |
The initiative proposes enhanced economic cooperation and strengthened people-to-people connections. Concrete measures include supporting the China-ASEAN Center to set up a representative office in Shenzhen, exploring the establishment of a Greater Bay Area-ASEAN Industrial Development Investment Fund, holding the "Greater Bay Area-ASEAN Youth Innovation and Entrepreneurship Competition," and establishing a network for cooperation among universities, think tanks, and research institutions from both sides. |
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