China-Malaysia Qinzhou Industrial Park is set to become the new
highlight of cooperation between China and the Association of Southeast Asian
Nations, promoting China's Go West Campaign and contributing more to the
Sino-ASEAN strategic partnership, the Ministry of Commerce said on Wednesday.
Located in Qinzhou, a port city
in western China's Guangxi Zhuang autonomous region, the industrial park was
inaugurated in April. The 55-square- kilometer project is China's third
inter-governmental industrial park with another country.
A promotion conference was held
in Beijing, attended by officials from the Ministry of Commerce, the Ministry
of Foreign Affairs, the State-owned Assets Supervision and Administration
Commission, Guangxi Zhuang autonomous regional government and the Malaysian
embassy in China.
"China-Malaysia Industrial
Park is one of the most important cooperation projects between China and
Malaysia, and the ministry will strive to develop it into a model of bilateral
trading cooperation," Wang Chao, vice-minister of commerce, said on
Wednesday.
Qinzhou Party Secretary Zhang
Xiaoqin introduced the park's development plan during the conference. Zhang
said the bilateral cooperation in terms of equipment manufacturing, technology
information, food-processing, biotechnology and modern service will lead to
prosperity for both Chinese and Malaysian companies.
"We will try to attract
investors from both China and Malaysia to invest in these areas in the
industrial park," Zhang said. Malaysian companies, including Rimbunan Hijau
Group and SP Setia, have already decided to invest in the park, he said.
Bao Chang
Business & Investment Opportunities
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