The 20th China-ASEAN Expo (CAEXPO) has shone the spotlight on south China's 
Guangxi Zhuang Autonomous Region, a border region with strong ties with 
Southeast Asia.

Guangxi has risen to the forefront of China's trade and cooperation with the 
Association of Southeast Asian Nations (ASEAN) in recent years, thanks to the 
establishment of a pilot free trade zone (FTZ) dedicated to China-ASEAN 
cooperation.

Guangxi is often described as China's gateway to ASEAN countries. The region's 
trade with ASEAN grew from 74.75 billion yuan (about 10 billion U.S. dollars) 
in 2012 to 281.11 billion yuan in 2022. ASEAN had been Guangxi's top trading 
partner for 23 consecutive years by the end of 2022.

The China (Guangxi) Pilot Free Trade Zone was established in 2019 to promote 
China's opening up to ASEAN and to pilot new mechanisms in China-ASEAN 
cooperation.

The pilot FTZ comprises the Nanning area in the region's capital city, the 
Qinzhou Port area along the coast and the Chongzuo area bordering Vietnam.

Over 90,000 enterprises had joined the zone by June 2023, according to the 
pilot FTZ office.

The zone's Nanning area focuses on the development of modern finance, the 
digital economy and modern services.

It is pioneering innovation in cross-border finance and renminbi businesses, 
especially those working with ASEAN nations.

By the end of June, a total of 463 financial institutions and enterprises had 
settled in the area -- 22 times the total in 2018 -- and the area's digital 
economy companies had surpassed 5,500 in number.

As the zone's only coastal area, the Qinzhou Port Area is building Qinzhou into 
a high-level gateway port to facilitate the transportation of cargo between 
China and ASEAN.

In the first seven months of this year, the port's cargo throughput hit 107 
million tonnes, up 10.3 percent year on year. The port handled 3.3 million 
twenty-foot equivalent units (TEUs) of containers in that time, up 15 percent 
year on year, according to the region's development and reform commission.

The Chongzuo area is home to Youyiguan Port, one of China's busiest land ports 
for the trade of fruit. In the first half of this year, a total of 381,000 
tonnes of ASEAN fruits were imported into China through the land port, up 130 
percent year on year.

Youyiguan Port has in recent years pushed ahead reforms in customs clearance 
and other operations to raise passage efficiency.

Taking advantage of its proximity to Vietnam, the Pingxiang Industrial Park in 
Chongzuo focuses on processing farm products imported from ASEAN countries, as 
well as industries covering new materials, electronic information and small 
household appliances.

Since the establishment of the country's first pilot FTZ in Shanghai in 2013, 
China has established a total of 21 FTZs, as well as the Hainan Free Trade 
Port. Located everywhere from coastal areas to inland regions and border 
provinces, China's FTZs have become pacesetters for the country's high-standard 
reform and opening-up endeavors.

Source: The Publicity Department of Guangxi Zhuang Autonomous Region

Image Attachments Links:

   Link: https://iop.asianetnews.net/view-attachment?attach-id=442265

   Caption: A woman chooses bananas imported from the Philippines at a 
supermarket in Nanning, south China's Guangxi Zhuang Autonomous Region.